BioNitrogen Holdings Corp. (BIONQ)

[Longgg]

Interesting to note, in an article published August 15th 2013 they state: “Employing Casale’s technology and existing designs will allow us to increase the plant’s production capacity from 360 tpd (tons per day) to 520tpd, thereby improving the plant’s economics significantly, said Bryan Kornegay Jr., President and CFO of BioNitrogen. “ In today’s article April 1st 2014 they claim ”The plant will produce approximately 200,000 tons per year of urea fertilizer and use local solid waste biomass such as wood waste as its feedstock”.

So if you do the math 100% uninterrupted production at 520tpd yields 189,800 tons, granted they round to approximately 200,000. The point I am trying to make is that they must truly believe in the 75% increase related to Casale technology, that is good news indeed!