Friday, June 16, 2006 8:31:18 AM
mornin'- LFWK/XKEM/PBLS the fight to .04!
ACMG update from yesterday:
June 15, 2006 - 4:30 PM EDT
Alcar Chemicals Group: Public Update From the CEO
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG); public update from the CEO concerning the company's activities.
With its new, innovative and economical technology, ACMG is planning to integrate itself horizontally into a biomass conversion enterprise. "We departed from manufacturing polymer formulations to concentrate entirely on biomass conversion. Our technology is so amazing and flexible that it will allow us to produce the typical plastic and polymer raw materials as well as ethanol and ethyl ester, or ethanol based biodiesel, entirely from non-food crop and agricultural/agro-alimentary waste," said Alexander P. Cavasin. ACMG is now concentrating on developing potential customers not only in the polymer manufacturing and plastics industries, but expanding its efforts into the transport and power generation sectors as well.
When asked about an update, Alexander Cavasin, CEO of Alcar Chemicals Group, told us the following: "We have now three existing buildings to choose from within the first selected location, all adequate to our technology. I will be releasing the details as negotiations are completed, which is expected to occur by beginning of August as our schedule foresees the installation work to begin by September. We are in the process of evaluating different firms for the subcontracting of the installations and our decision will be taken within the next two weeks. On the marketing end of our activities, the negotiations for the Middle East contract are ongoing and are well advanced. We expect a closing within the week. In addition, we are now working on two very promising potential customers. Should we be able to reach an agreement in all three cases, the combined volume would exceed our planned production capacity for the first facility. On the logistics side, work consists of securing the required agricultural waste -- within the proximity of the facility -- and organizing all aspects implicated in valorizing the precious waste. Minimizing transports and related costs is an essential part of our philosophy and eventually I would like to see only transports fuelled through biodiesel and ethanol for both supply and distribution chains, as to be able to claim a truly petroleum independent process."
When asked about the lack of news Dr. Cavasin told us: "Despite a lack of consistent news, our operations are presently on schedule. I don't believe in fluff releases and we will be issuing PRs as concrete developments are achieved. Updates will be posted on our temporary website as much as possible. Rest assured that everyone in this organization is working very hard towards the same common goal."
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
To hear more about ACMG from Alexander P. Cavasin go to: http://www.publiccoreport.net/featured/ACMG/company.asp
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Source: Market Wire (June 15, 2006 - 4:30 PM EDT)
News by QuoteMedia
www.quotemedia.com
ACMG update from yesterday:
June 15, 2006 - 4:30 PM EDT
Alcar Chemicals Group: Public Update From the CEO
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG); public update from the CEO concerning the company's activities.
With its new, innovative and economical technology, ACMG is planning to integrate itself horizontally into a biomass conversion enterprise. "We departed from manufacturing polymer formulations to concentrate entirely on biomass conversion. Our technology is so amazing and flexible that it will allow us to produce the typical plastic and polymer raw materials as well as ethanol and ethyl ester, or ethanol based biodiesel, entirely from non-food crop and agricultural/agro-alimentary waste," said Alexander P. Cavasin. ACMG is now concentrating on developing potential customers not only in the polymer manufacturing and plastics industries, but expanding its efforts into the transport and power generation sectors as well.
When asked about an update, Alexander Cavasin, CEO of Alcar Chemicals Group, told us the following: "We have now three existing buildings to choose from within the first selected location, all adequate to our technology. I will be releasing the details as negotiations are completed, which is expected to occur by beginning of August as our schedule foresees the installation work to begin by September. We are in the process of evaluating different firms for the subcontracting of the installations and our decision will be taken within the next two weeks. On the marketing end of our activities, the negotiations for the Middle East contract are ongoing and are well advanced. We expect a closing within the week. In addition, we are now working on two very promising potential customers. Should we be able to reach an agreement in all three cases, the combined volume would exceed our planned production capacity for the first facility. On the logistics side, work consists of securing the required agricultural waste -- within the proximity of the facility -- and organizing all aspects implicated in valorizing the precious waste. Minimizing transports and related costs is an essential part of our philosophy and eventually I would like to see only transports fuelled through biodiesel and ethanol for both supply and distribution chains, as to be able to claim a truly petroleum independent process."
When asked about the lack of news Dr. Cavasin told us: "Despite a lack of consistent news, our operations are presently on schedule. I don't believe in fluff releases and we will be issuing PRs as concrete developments are achieved. Updates will be posted on our temporary website as much as possible. Rest assured that everyone in this organization is working very hard towards the same common goal."
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
To hear more about ACMG from Alexander P. Cavasin go to: http://www.publiccoreport.net/featured/ACMG/company.asp
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Source: Market Wire (June 15, 2006 - 4:30 PM EDT)
News by QuoteMedia
www.quotemedia.com
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