Significant and Loaded languageThe most recent NR announcing the start of industrial trials of HP lignin ( HP-L ) derivatives contains several significant statements , in so many words implicitly tells us what to expect...
...........Lignol has begun to sell TONNAGE quantities of its proprietary High Performance Lignin (HP-L)
................to its DEVELOPMENT PARTNERS for industrial production trials.
...............the EXISTING INVENTORY of High Performance Lignin, is well positioned to supply industrial partners with the volumes necessary to DEVELOP MAJOR COMMERCIAL MARKETS.
............These industrial trials are a significant step forward for Lignol in the DEVELOPMENT OF OFF_TAKE AGREEMENTS FOR A COMMERCIAL BIOREFINERYy that produces both cellulosic ethanol and High Performance Lignin
Lignol's pilot refinery went into full production mode about 1 year ago
It has an annual capacity of about 20,000 gal of ethanol along with about 60 tons of lignin.
The ethanol aside, 60 tons of lignin is a substantial amount and quite adequate for the purposes of developing major commerial markets for HP=L.
We already know that Lignol's partnership consortium includes some of the dominant players in their sectors.....companies like Kingsway PLC and PPG.
These have the financial heft to fund Lignol's commercial biorefinery thru an offtake agreeement that will take the production at garanteed prices.
Given that this partnership with major industrial partners has been ongoing for several years, it is obvious that they have been involved in all stages of the HP=L development process.
Which means that they already know what they are getting and are confident that their products will meet their customers needs.
As I said before, we are now very close to major development s move by Lignol that will give us that outathe park home run ..