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Re: spidaman post# 387

Tuesday, 09/03/2013 2:02:21 PM

Tuesday, September 03, 2013 2:02:21 PM

Post# of 6407
I strongly suspect it has a LOT to do with the BFRE process. I recall there being a secrecy agreement between Bluefire and GS Caltex, that basically muzzles BFRE from reporting on it. In other words, BFRE may be a "silent partner" in this project, basically providing the technology and maybe purchasing/construction oversight, etc.

I am waiting for an announcement with the Chinese (Huadian), which should give Bluefire more ownership rights, at least for the US plant(s).

From the early BFRE website info, as a Chemical Engineer from the petrochemical industry, I feel their process has a good chance of being among the most cost-efficient, and profitable in the new cellulosic biochemical industry.

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