Saturday, September 02, 2006 10:52:40 AM
Sorry to say I don't live in Nebraska. I live in Dayton Ohio. I posted the article about Lincoln Composites because 2 statements in their press release caught my attention.
The first statement, "it’ll be used for bulk delivery of natural gas, and could have a future market transporting hydrogen for fuel-cell powered vehicles". This is important to NNLX investors as H2 will need some form of transportation from the bioreactors installed by NNLX, if used by the energy industry.
The second statement, "Its advantages included a rail siding". This means a lot to me as I am a Conductor for the Norfolk Southern railroad. Anytime companies stress having access to rail sidings, they are planning on a large increase in business. I'll be looking for these tanks rolling down the rail in th future.
The more I read about Lincoln Composites the more I see them involved in the H2 future. It sounds like they are expecting a large increase in business for these new tanks in the next 2 to 10 years.
On another note, I read an article about Japan wanting 50,000 Hydrogen vehicles on the road by 2010, and 5,000,000 hydrogen vehicles on the road by 2020. This sounds like HUGE growth to me! They're gonna need to get Hydrogen from somewhere and hopefully a lot of it comes from NNLX bioreactors.
Bud
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