Lignol Energy Corporation V.LEC

NEWS...Trials Meet Expectations, More Sales

[2guys]

Progressing rather nicely, IMO, and the market is a multi-billion dollar one. Not bad considering that it's by-product to ethanol or vic versa. atb

Lignol announces new industrial trials for High Performance Lignin
6/13/2011 8:30 AM - Canada NewsWire

VANCOUVER, Jun 13, 2011, 2011 (Canada NewsWire via COMTEX News Network) --

Trials underway for several new industrial applications

Lignol Energy Corporation (TSXV: LEC), a leading technology company in the advanced biofuels and renewable chemicals sector, announced new shipments of its proprietary High Performance Lignin (HP-LTM) to development partners for several industrial production trials.

"Lignol is fast becoming a preferred partner with companies looking to incorporate the benefits of High Performance Lignin in their product lines," said Ross MacLachlan, President and CEO. "Growing requests for large quantities of our pure lignin validate our position and focus in the renewable chemicals market, which is a growing, multi-billion dollar industry."

Lignol reported in April that it had commenced sales of its proprietary HP-LTM to development partners for industrial production trials. Several of those trials have commenced and results to date continue to meet expectations. Lignol expects to report on the progress as final results become available. At the same time, Lignol has begun to ship additional tonnage quantities of HP-LTM to fill new orders from partners who are undertaking new trials.

Industrial trials are an important part of the process to obtain customer acceptance of products incorporating High Performance Lignins and are a significant step forward for Lignol in the development of off-take agreements to support the construction of a commercial biorefinery.

About Lignol

Lignol (TSXV: LEC) is a Canadian company undertaking the development of biorefining technologies for the production of advanced biofuels, including fuel-grade ethanol, and renewable chemicals from non-food cellulosic biomass feedstocks. Lignol's modified solvent based pre-treatment technology facilitates the rapid, high-yield conversion of cellulose to ethanol and the production of renewable chemicals, including high purity HP-LTM lignins. HP-LTM lignin represents a new class of high purity lignin extractives (and their subsequent derivatives) which can be engineered to meet the chemical properties and functional requirements of a range of industrial applications that until now has not been possible with traditional lignin by-products generated from other processes. Lignol is executing on its development plan through strategic partnerships to further develop and integrate its core technologies on a commercial scale. Lignol also intends to invest in, or otherwise obtain, equity interests in energy related projects which have synergies with its biorefining technology. For more information, please visit Lignol's website at www.lignol.ca.

[TheRock07]

The positive feedback along with the shipment of additional tonnages of High Performance Lignin (HP-L ) to its developent partners augurs very well that Lignol's approach  will be successful in funding its first Ethanol biorefinery thru non-dilutive offtake agreements.In addition, being patented, these affirmative product sales means that patent royalties are quite probable and will add

[2guys]

Not only is HP-L Lignin meeting expectations from original orders to the initial partners, Lignol is getting new orders from partners who are undertaking new trials.What this means to me is that demand is growing as the initial testing is meeting expectations.  It's quite positive IMO.Lignol reported in April that it had commenced sales of its proprietary HP-LA to development

[birchjunk]

I could not be more pleased.Ross and his team over the past 3 years have worked very hard to lay the ground work for their second generation refinery now appears will be very profitable for both its ethanol production and its ( more valuable ) high perf lignin products.These technologies will be a great demand, not only  by current corn-based ethanol producers who will have to convert, but

[SlumdogMillionaire]

If it weren't for the markets in short term (hopefully short term) bear mode, i think we would see a much higher SP right now. Lignol is holding up extremely well through all this.

[birchjunk]

Lignol will be very interesting to classify.It will be an energy producer, technology company, royalty company, industrial products producer and nearly 100 % "green ".All of these trade at  rather high trading multiples and to have them all within one stock is very unique.

[2guys]

Slumdog, I guess we can lay some blame to the markets, but usually the market is right, albeit long term those selling today may not be, IMO.I think that today's update was great, but what the market needs to see are actual results of the Lignol trial sales for starters, and of course some form of offtake agreement(s) with majors in order to fully commercialize their cellulosic