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old man river

04/27/23 12:47 PM

#20462 RE: DDR #20383

If we assume that the company will buy pyrolysis equipment ex China as they did in India, the maintenance costs will be higher. Further, it will require more capital investment. Should we grow beyond mere pyrolysis oil to LCFS fuels or hydrogen, the capital cost and operating costs grow substantially. It costs about 200k for each ton per day of capacity to build a pyrolysis oil system only that has a robust lifespan. To go to LCFS or hydrogen, look at 250k per ton per day of capacity. Now, if you want to put the plant into a new building, provide for permits, site engineering, contingencies, working capital, etc the dollars add up. Hydrogen for example requires either pressurization to feed into a pipeline. If you want to ship gas by truck that is an added cost. Now, to liquefy the hydrogen, specialty railcars or trailers are needed. You cannot buy them off the shelf.