Replies to post #44077 on High Wire Networks Inc (HWNI)

[Ecomike]

My read on LaFarge (MVTG partner) is more of a they are still reeling from the world wide cut backs in construction and slow downs and restructuring costs from the mega merger to spend the money at this time on a CO2 capture system at the current pilot plant location out of their own pockets. But they are willing to pay for operating costs and utility hook up costs etc, the 1/4 million dollars in cost sharing they offered in the Nov 2013 8-K MVTG-Alstom-LaFarge contract.

Keep in mind the original MVTG-ERC plan for LaFarge was a 20% existing CO2 feed to the ERC reactor right out of the LaFarge stack (after a gas particulate clean up and cooling step), but now MVTG has increased that to an 80% minimum in order to show the full profit potential of the new MVTG ERC. Since late 2012 the improved MVTG ERC reactors can now handle 80% to 100% CO2 feed to make an out of the ERC reactor product of 80% formic acid or formate product that is ready to sell at the LaFarge gate with out the further distillation processing (also expensive, or needed to be done off site by a toll processor) that the 2011 design needed. The improvement was announced in a PR in late 2012 about the results of the summer 2012 R&D efforts. But the improved version needs a CO2 concentrator step in front of the MVTG ERC.

The German Bavarian brewery does not need that expensive CO2 concentration hardware as the brewery has a 99% pure CO2 waste stack to feed the MVTG ERC, and thus does not have that cost. Also the LaFarge pilot plant targets a 1 billion dollar per year market for Formic acid, while the Bavarian Brewery targets syn gas with a 30 billion dollar per year market.

Lastly the Bavarian brewery has a grant funding program they are tapped into to pay for the entire project, beginning to end that is perfect to fund this program as Europe and Germany are serious about reducing CO2 emissions and the Germans love profits, the politics be damned, as shown by their world leadership roll, in becoming the largest user of solar power in the world, over 20% the last time I looked!!!!