AI
Sunday, September 18, 2005 12:38:02 AM
Buzz,
Below please find a pr from the company I have been a buyer of over the last months that I referenced in post about ethanol. Xethanol is highly unique not relying on corn as their primary feed stock. There was also a recent interview done with the CEO at audiostocks.com that is a good listen. Management is really important ot me in all my investments. These guys along with their BOD's are very talented. In fact they have one of the better teams I've ever seen assembled in a smaller company like this.
Apparently they are currently producing about 500k gallons a month which is about $800k in revenues. They seem to make about .35 a gallon and are selling it currently for around $1.35 -1.40 a gallon I believe. They have a very distinct competetive advantage from what I've learned. You can see it referenced in this press release. Might be worth simply watching it. Chart is setting up pretty well in what appears to be an an ascending triangle as of late. It looks like it may be trying to breakout to new highs. Volume has been on the rise.
Xethanol Comments on Passage of Energy Bill; Company Believes It is Poised to Benefit from Increased Demand for Ethanol
8:00 AM EDT August 15, 2005
Passage of The Energy Policy Act of 2005, signed into law by President Bush on August 8, 2005, should have a "dynamic effect on our company's growth," Christopher d'Arnaud-Taylor, Chairman, President and CEO of Xethanol Corporation (OTCBB:XTHN) commented today. Among other aspects of the bill supporting ethanol production, the new bill calls for phasing out of MTBE (methyl tertiary butyl ether) as a gasoline additive resulting in significantly increased demand for ethanol, the only feasible substitute.
Ethanol, which has similar emission-reducing effects to MTBE, is non-toxic, water-soluble, quickly biodegradable and, at current prices, competitive with gasoline.
Most U.S. ethanol is produced in the Midwest, from corn. "Our technologies can produce ethanol from cheaper non-traditional feedstock such as food wastes and cellulosic biomass. Using low-cost feedstock and employing our other technologies that increase production efficiencies, our goal is to be the lowest cost producer," said d'Arnaud-Taylor. "With the increased mandate for ethanol use that the Energy Bill includes, as well as its added tax incentives and credits, we believe Xethanol is poised to reap major benefits."
Mr. d'Arnaud-Taylor added that "our technologies target more cost effective use of energy in ethanol production and more efficient fermentation of waste feedstock for ethanol production." Mr. d'Arnaud-Taylor concluded that "our planned new small footprint plants, like our Iowa facilities, will allow expansion nearer the source of waste streams to further increase efficiency and decrease energy, fuel and transportation costs. The government's comprehensive energy bill and its support of ethanol strongly indicates that Xethanol remains aligned with meeting our nation's need for energy independence and the production of safe, clean-burning fuel. We are committed to bringing cutting edge technologies towards solving this problem."
About Xethanol Corporation
Xethanol Corporation (www.xethanol.com) seeks to become a leader in the emerging biomass-to-ethanol industry. Its mission is to convert biomass that is currently being abandoned or land-filled into ethanol and other valuable co-products. Xethanol's strategy is to deploy proprietary bio-technologies that will extract and ferment the sugars trapped in these biomass concentrations. Xethanol's value proposition is to produce ethanol and valuable co-products more cost-effectively than corn-based producers with plants located closer to the coastal ethanol markets. Xethanol owns and operates an ethanol production facility at its Biomass Technology Center in Hopkinton, Iowa for processing fermentable sugars derived from food biomass. Xethanol also recently acquired and re-opened a six million gallon per year plant near Cedar Rapids, Iowa.
SM
Below please find a pr from the company I have been a buyer of over the last months that I referenced in post about ethanol. Xethanol is highly unique not relying on corn as their primary feed stock. There was also a recent interview done with the CEO at audiostocks.com that is a good listen. Management is really important ot me in all my investments. These guys along with their BOD's are very talented. In fact they have one of the better teams I've ever seen assembled in a smaller company like this.
Apparently they are currently producing about 500k gallons a month which is about $800k in revenues. They seem to make about .35 a gallon and are selling it currently for around $1.35 -1.40 a gallon I believe. They have a very distinct competetive advantage from what I've learned. You can see it referenced in this press release. Might be worth simply watching it. Chart is setting up pretty well in what appears to be an an ascending triangle as of late. It looks like it may be trying to breakout to new highs. Volume has been on the rise.
Xethanol Comments on Passage of Energy Bill; Company Believes It is Poised to Benefit from Increased Demand for Ethanol
8:00 AM EDT August 15, 2005
Passage of The Energy Policy Act of 2005, signed into law by President Bush on August 8, 2005, should have a "dynamic effect on our company's growth," Christopher d'Arnaud-Taylor, Chairman, President and CEO of Xethanol Corporation (OTCBB:XTHN) commented today. Among other aspects of the bill supporting ethanol production, the new bill calls for phasing out of MTBE (methyl tertiary butyl ether) as a gasoline additive resulting in significantly increased demand for ethanol, the only feasible substitute.
Ethanol, which has similar emission-reducing effects to MTBE, is non-toxic, water-soluble, quickly biodegradable and, at current prices, competitive with gasoline.
Most U.S. ethanol is produced in the Midwest, from corn. "Our technologies can produce ethanol from cheaper non-traditional feedstock such as food wastes and cellulosic biomass. Using low-cost feedstock and employing our other technologies that increase production efficiencies, our goal is to be the lowest cost producer," said d'Arnaud-Taylor. "With the increased mandate for ethanol use that the Energy Bill includes, as well as its added tax incentives and credits, we believe Xethanol is poised to reap major benefits."
Mr. d'Arnaud-Taylor added that "our technologies target more cost effective use of energy in ethanol production and more efficient fermentation of waste feedstock for ethanol production." Mr. d'Arnaud-Taylor concluded that "our planned new small footprint plants, like our Iowa facilities, will allow expansion nearer the source of waste streams to further increase efficiency and decrease energy, fuel and transportation costs. The government's comprehensive energy bill and its support of ethanol strongly indicates that Xethanol remains aligned with meeting our nation's need for energy independence and the production of safe, clean-burning fuel. We are committed to bringing cutting edge technologies towards solving this problem."
About Xethanol Corporation
Xethanol Corporation (www.xethanol.com) seeks to become a leader in the emerging biomass-to-ethanol industry. Its mission is to convert biomass that is currently being abandoned or land-filled into ethanol and other valuable co-products. Xethanol's strategy is to deploy proprietary bio-technologies that will extract and ferment the sugars trapped in these biomass concentrations. Xethanol's value proposition is to produce ethanol and valuable co-products more cost-effectively than corn-based producers with plants located closer to the coastal ethanol markets. Xethanol owns and operates an ethanol production facility at its Biomass Technology Center in Hopkinton, Iowa for processing fermentable sugars derived from food biomass. Xethanol also recently acquired and re-opened a six million gallon per year plant near Cedar Rapids, Iowa.
SM
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