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Biodiesel from Algae @ $.40/gal?

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    Biodiesel from Algae @ $.40/gal?

    "Biodiesel firm eyeing site in Jenkins Twp. awarded $1 M
    BY NICHOLAS SOHR
    STAFF WRITER
    10/18/2007

    After being awarded a conditional $1 million state grant, a New York company with aims of refining biodiesel from algae in Jenkins Township remains shrouded in mystery.





    On Tuesday, Gov. Ed Rendell announced $10 million in grants to 24 projects in an effort to reduce the state’s dependence on foreign oil and develop clean-burning sources of energy.

    Binghamton-based Alternative Fuels Inc.’s slice of the funding is contingent on its production of 20 million gallons of biodiesel by the end of 2008 at the former Techneglas plant, now called the Interstate Distribution Center, said state Department of Environmental Protection spokesman Charles Young.

    According to the grant application Alternative Fuels filed with DEP, its facility will refine 50 million gallons of biodiesel from algae every year at a cost of 40 cents per gallon.

    To produce at such a clip, the plant would need 200 tons of algae daily.

    Other than those plans, however, little is known about the company. Some aspects of its hand-written grant application raise questions.

    Alternative Fuels CEO Richard Smith could not be reached for comment, and calls to the company were not returned.

    CTI Biofuels, a Pittsburgh-based vendor of biofuel production equipment, is listed on the company’s application under the “subcontractors and consultants” section.

    When contacted, however, a CTI employee said the company has never heard of Alternative Fuels or the Jenkins Township project and is investigating the connection that was made between the two firms.

    The same section lists an unspecified “ASTM certified 3.2 million gallon per year pilot plant” as an example of Smith’s prior biodiesel experience.

    But ASTM — formerly the American Society for Testing and Materials — only develops international standards for technical systems. It does not certify biodiesel plants, or anything, said spokeswoman Barbara Schindler.

    Alternative Fuel’s assertion is “not quite accurate,” she said.

    The application also indicates the refinery project has received significant private financing.

    Ban Waste Cooperative, an industry group designed “to facilitate the demand for alternative fuel sources,” according to its Web site, has “stepped forward” with $40 million.

    Attempts to reach Ban Waste were unsuccessful.

    nsohr@citizensvoice.com, 570-821-2052"

    http://www.zwire.com/site/news.cfm?newsid=18929986&BRD=2259&PAG=461&dept_id= 455147&rfi=6

    With claims like these folks make... they are close to Chairman Ritter status!

    #2
    Man oh man, wait till Ab gag gets hold of this article, of course they'll need some sweat equity and synergy to make it work and framers will have to buy share, to produce only the finest quality scum available, but it will work. They can study and study it. Cause right now, we gotta a lotta excess common scum in Alberta. Maybe in the long run, the big polluters will be the big winners after all, selling scum. What'll they think of next, this is great. This could become our motto, "Ab scum capital of the world".

    Comment


      #3
      Burbert,

      I guess you should know!

      Comment


        #4
        tom4cwbs, Careful now, you could get scooped up too, tommmmmmmmm!

        Comment

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