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ANTA1

05/25/10 5:44 PM

#44802 RE: goodolboy #44801

Wow...like we haven't been over that one. Do some research.
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dipinvester

05/25/10 5:49 PM

#44807 RE: goodolboy #44801

Two posts ago, you said you were neutral...it sounds like you are not?!?!

However, this should answer your question. From the CEO:

A "positive net energy balance" does NOT mean we consume 1 barrel for every two we produce. I was going to explain what is scientifically meant by "the positive net energy balance" yesterday but I believed some fools would actually think either: "perpetual motion" or "2 at the high cost of 1 barrel" which would then give skeptics and ... See Moreinvestors an idea of who really knows what they are talking about and those that don't. The energy conversion of our process shocked islechem actually. If our net energy balance was highly negative then it would not be worth processing plastic (like our competitors). Our process consumes approx. 4000 BTU of heat (off gas) to convert 1kg of plastic into approx. (0.9046kg) 44,000 BTU of fuel. The positive net energy balance means we get twice the energy out of the fuel than we get in the combination of: (energy in the plastic feedstock plus energy used to convert to fuel). This is independent of the price/barrel because in most cases we get the source energy (that is feedstock) for nothing or paid to accept (tip fee).Therefore, we are not paying for that energy. The off-gas comes from the feedstock. We actually have a surplus of natural gas so we will pipe it to a generator.
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Scandle34

05/25/10 7:01 PM

#44862 RE: goodolboy #44801

a woodstove puts out more energy than you put in because that analysis includes the thermal energy to light the fire and the heat generated, not the chemical energy of the wood.

The excess energy comes from combusting some of the propane, ethane, methane and butane produced by the process and shows up as a yield loss of 9% in the conversion of plastic to oil.
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righty

05/25/10 10:11 PM

#44942 RE: goodolboy #44801

"more energy value is produced than is consumed by the process"

consumed is the key word....consumed
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Zardiw

05/25/10 10:18 PM

#44950 RE: goodolboy #44801

Bottom Line on all this is that IsleChem is made up of salty veteran chemists who have seen it all. When one of their head guys Dale finally realized how well this works, he was sitting across the table from our CEO, and kept repeating 'Holy S..t'...'Holy S...t'...about 6 times.....this has been paraphrased as him saying 'I'm Amazed'...'I'm Amazed'......that's the bottom line for me........z
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Zardiw

05/25/10 10:20 PM

#44951 RE: goodolboy #44801

IsleChem Heritage: IsleChem's core chemistry competency is the result of its heritage, i.e. Occidental Chemical, Diamond Shamrock, Firestone Plastics, Equistar, and Tenneco Plastics.


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