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Re: JRG19 post# 3598

Wednesday, 12/03/2014 3:13:21 PM

Wednesday, December 03, 2014 3:13:21 PM

Post# of 6407
This was added some months ago to attract European users of wood chips, in order to make the Fulton plant more attractive to lenders( increased revenues). It would mean a separate plant to prepare the chips, and I think would also reduce ethanol production at the main ethanol plant.

I really think think this is no longer needed, since financing is already achieved, except for that last piece of the DOE grant, which is being appealed.

My conclusion: There no longer needs to be a wood chip plant, and I expect some announcement on that once all financing is secured.

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