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Friday, January 05, 2007 4:52:26 PM
Diversified Ethanol President Taylor Moffitt said, "It's been very encouraging to us to talk with customers. Most ethanol plants today are on a long waiting list -- measured in years, but we have already moved from ideas to blueprints to the final assembly phase in less than two months. We are now typing up purchase contracts to send out to 4 interested parties who have verbally stated that they would like to purchase ethanol plants from Diversified Ethanol. With our recent acquisition of Eagle Installation, we have the capabilities to manufacture all four at once, within a period of months, if necessary. The plants are all the same 500,000-gallon design, featuring many off-the-shelf components to keep costs down. In the future, we will be ready to adapt the design to run on switchgrass or food waste. Already now, our design has a nutritious, edible by-product, is drought-proof, zero-waste, clean, and cheap. As long as people drive cars, Ethanol will continue to be in-demand."
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