Sunday, November 12, 2006 2:42:50 PM
There isn't a lot more to say about XLPI just now other than I hope they will be volume ready w/flextech when the time comes.
re: Nova Biofuel permit
Yes, I've been in and out of this one (when it was still NVAO).
Still watching it. They may well do OK.
Having done a bit of ongoing research into alt fuels, one thing I get out of it and to also consider is byproducts (this would also apply to ethanol, though different byproducts and process).
The thing with bio-diesel is that when they make it, they end up with a lot of glycerin as a byproduct that they don't know what to do with. A glycerin glut is developing.
I noticed the surge in CMT (plastics) recently before it occured to me that a chief use of glycerin is in the production of polyester resin which is a key component of fiberglass. Apparently, CMT makes fiberglass products.
Now, all we need to do is find as-yet relatively undiscovered users of ae byproducts that should theoretically enjoy reduced input costs = increased profits = increased pps, as biofuel ae ramps up.
Anyone have any (further) ideas?...
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