Sentinel.
I recall someone posting here about another chemical company, with a large piece of property in the Benancour Industrial Park, and that possibly Alcar is building on that site.
They also mentioned something about the other company requires hydrogen, and they could get this from Alcar's biomass byproduct (heat and hydrogen).
Do you recall the company name, and did anyone investigate into this further?
For those who do not know the reason why the plant has to be completed by the end of the summer:
"The first amount of 7.2 million dollars, subscribed as a convertible loan at $1 per share, will go towards the building and start-up of the first plant in Canada, to insure ACMG will be able to meet its contractual obligations[b/], as well as the scale up engineering."
two contracts with A-M Polymers into a single contract worth $160M over a five year period and automatically renewable
According to the company the contract outlines a new delivery schedule starting in September of the current year.
A-M Polymers is presently building their first resin manufacturing plant which will be ready in August. [b/]
OT: A few months ago someone on the Allenergy (ALRY.PK) board mentioned ACMG and that's how I first heard about ACMG.
ALRY almost doubled today, and it wouldn't surprise me if it doubles again this week.
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