Monday, February 27, 2012 3:36:05 PM
I emailed AMY and awaiting a response and will let everyone know what is needed, but let me just show you a link to another venture listed company that completed an engineering study that showed the scalability of their process in producing lignol and ethanol albeit they haven't gone commercial yet, but then again their process isn't as gamechanging as that of AMY.
IMO, something like this may help prove scalability, but I'm not sure, so that is what I asked via email. I think that having Kachan and other say that so far the process is just a claim by AMY and Kemetco, is somewhat putting a cap on the stock. We need some form of study by a recognized firm that can back up these "claims" that the process is not just a lab experiment but a process with commercial potential.
Please, let me know what anyone here thinks. atb
http://www.lignol.ca/news/News-2011/Lignol-Commercial-Biorefinery-Press-April-18.pdf
NEWS RELEASE
April 18, 2011
Lignol develops engineering design package for commercial biorefinery
• Validates economic returns for commercial biorefinery
• Major milestone achieved with Pöyry Engineering
Vancouver, B.C. – Lignol Energy Corporation (TSX-V: LEC), a leading technology
company in the advanced biofuels and renewable chemicals sector today announced it
has completed an engineering design package for a commercial-scale biorefinery that
would produce up to 80 million litres of cellulosic ethanol (approximately 20 million US
Gallons) and 55,000 tonnes of High Performance Lignin (HP-LTM lignin) derivatives
annually.
“Completing this milestone is a significant step forward in our plan to develop a
financially viable, commercial-scale biorefinery and market our technology world wide,”
said Ross MacLachlan, President and CEO. “The design package and cost estimate are
based on robust and valuable design data generated over the past two years through a
series of extensive operating campaigns conducted by our scientific and engineering
teams at our pilot-scale biorefinery in Burnaby, B.C.”
The design package was developed with Lignol’s engineering contractor, Pöyry
(Vancouver) Inc., a global leader in engineering and management consulting in the
energy and industrial sectors. “Lignol’s real-time pilot plant data added the degree of
certainty to the design basis for our engineering work,” said Ulf Tryggvesson, Managing
Director of Pöyry’s Vancouver operation. “Based on what we have seen, Lignol has one
of the world’s leading biorefining technologies and completing the next stage of
investment grade engineering will provide a high degree of accuracy for a commercial
project,” he added.
The engineering studies for a commercial scale project indicate rates of return suitable
for consideration by partners and investors[color=red][/color]. Calculations have taken into account the
recent price of crude oil, incentives for the construction of biorefineries and production of
advanced biofuels along with pricing indications received from key suppliers and
customers.
Additional campaigns in Lignol’s pilot-scale biorefinery are ongoing to refine the design
basis and equipment selection needed for scale-up in order to complete an investment
grade design and cost estimate for a commercial plant.
About Lignol
Lignol (TSX-V: LEC) is a Canadian company undertaking the development of biorefining
technologies for the production of advanced biofuels, including fuel-grade ethanol, and
renewable chemicals from non-food cellulosic biomass feedstocks. Lignol’s modified
solvent based pre-treatment technology facilitates the rapid, high-yield conversion of
cellulose to ethanol and the production of renewable chemicals, including high purity HP
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