Notes: o Silvagas acquisition o 25% Clearfuel o Continue to invest in front-end o Four products, product suite : repowering with bio-mass; like in Canada where there is a lot of bio-mass..
o Drop-in fuel, not blend in o Ren-Diesel lowers particulate... o We a re base-load power just like Utility Companies need.
o NATCHEZ is now petco and biomass...removed coal as a feed to reduce CO2
o In U.S, build, outside licensing
o Rialto: Take Sylvagas..., 1000 Tonnes dry tonnes/day. 60K Tonnes/day availablein CA. FEED to finish in 1Q11. Commissioning 2012.
o For airlines, noneedto replace ground equipment if they were going to electric, but with Ren-Diesel, zero emission, itis a drop-in
o Natchez scaled it down significantly; figures not yet released. Signed up 13 airlines. DOE input guided new config.
o Business REMC purchased for $50M. Forecast for 2011, 2012 looking very robust. Natgas staying down, ammonia going up.