Thursday, April 12, 2018 9:55:32 PM
Thanks for providing. Did you happen to notice (by using drop down filters);
* of 209 operational bioethanol plants, only 7 are cellulosic?
* of the 7, there is one already running in Thomaston, GA? American Process Inc. You should check them out and see what they do. Why is that relevant? Because that is where Phoenix is reportedly going to build per ALLM. Someone already doing it.
* the "under construction" has zero entries, therefore no Phoenix (we knew that)
* "Proposed" shows 19 plants in the works to be built...but no Phoenix in GA. There is a proposed plant by Lanzatech. They should sound familiar because they helped build a plant in CA, near Bakersfield... you remember Bakersfield (Earth's Renewables)?
* Last and most important... sort to see which plants are "long term idled". There are 4...and all 4 are cellulosic. Of note, is one is the very same company in Thomaston...American Process Inc. If they are struggling, what hope does ALLM have when they can't even sell a license.
I could go on, but hopefully you get it. The kicker is even Trump's latest agreement set the bioethanol industry back (see RINS, and Renewable Fuel Standard updates from last November), plus his sanction threats directly effect the Midwest farmers. If you hadn't noticed operational cellulosic ethanol production barely represents 3% of a tight market for bioethanol that has limits imposed. Who do you think will suffer...the corn growers?? think again.
The common denimator with these companies is that they are fighting for scraps right now in the renewable fuels/ RINS market where corn dominates for share against big oil resistance. Or they are struggling to make the capital invested already work. Why on this earth would any ethanol producer on this list invest thousands or millions on this technology that ALLM can't even bother to show it can run continuously and add value, especially if their's works? The only ones who make sense are those that are already closed. Perhaps that is why ALtEng said the big companies came and never came back. Maybe that's why you don't see one mention of ALLM on Harvest Tech website (George Bolton, remember him?).
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