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Re: codaras post# 10407

Tuesday, 01/01/2013 5:19:02 PM

Tuesday, January 01, 2013 5:19:02 PM

Post# of 15249
Great article coderas! I especially like the following part:

Stephen R. Wilson, said his firm’s first-quarter Diesel Engine Fluid (DEF) shipments were roughly six times what they were a year earlier thanks to growing sales of SCR-equipped trucks.

Only about 65,000 metric tons of DEF was sold in North America last year, Dombroski says. But by 2020, Integer forecasts, DEF sales in the region will approach 5 million metric tons per year, requiring more than 1.5 million metric tons of urea.



If projected demand like this hold true, then it would take 12 Bio Nitrogen plants just to handle demand for that "niche" industry. Bio Nitrogen wouldn't even have to sell urea for fertilizer!

There is great opportunity here for Bio Nitrogen.