Thursday, September 25, 2014 12:25:14 PM
They also redesigned the reactor to allow them to rapidly switch out the catalytic electrodes, to run the pilot pilot making other products besides just formic acid or formates.
Two of those we now know about now are Syn Gas, the holy grail of the chemical industry, and formaldehyde.
The current market annually for these are:
Formic acid: $1 billion dollars/yr
Syn gas (H2 and CO): $30 billion dollars/year
Formaldehyde (used to make building materials): $100 billion dollars/yr
Then we have fuel cells and energy storage markets for the combination units ..... and those two can grow the formic acid market to $100 billion dollar/year market in 10-20 years replacing fossil fuels if it is widely adopted.
Ambition with out knowledge is like ship in dry dock, going nowhere FAST!
Please Check out my Favorites DD page here:
http://investorshub.advfn.com/Ecomikes-Favorite-stock-picks-and-Stock-DD-topics-26971/
Recent HWNI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:15:45 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM