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Wednesday, November 11, 2009 9:42:16 PM
Maybe that is where the true value lies for XPGH - in XCEL -signed fuel sales contracts NOT really the refinery or burned out refinery per se ...I guess you could contract with just about any bio refinery out there to use your specific processes or specific chemicals and produce until YOUR plant gets back up running...I also think I read they only had 800k in that plant as it was constructed with recycled components I think I read ...can anyone shed light on this ? Anyone agree ? Maybe those xcel signed contracts are the result of this .........
"GEN-X recently participated in the largest maritime biodiesel study in the
United States. Ramon Benavides, vice president of business development for the
company, has addressed the U.S. Departments of Energy and Agricultural about the
country's biodiesel infrastructure. He stated, "Biodiesel has been identified as
a viable alternative for maritime fuel, and the worldwide shipping market holds
tremendous potential for us."
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