Post by
Justing on Jan 17, 2022 2:45pm
So....why is it going up?
I dont understand why its going up. In general the market is but not like this number. The company has not announced anything. Elon didnt talk about it. Cielo was not on the cover of forbes. Why is it going up?
Comment by
futuregains on Jan 17, 2022 3:51pm
Maybe the news about Federated Co-op building their renewable diesel plant in North Regina is fueling this. Not saying they are using Cielo tech, just saying the space (renewable diesel) is heating up.
Comment by
lscfa on Jan 17, 2022 4:06pm
p.s. biodiesel made from canola has no sulphur content. Renewable diesel creates sulphur which must be removed.
Comment by
futuregains on Jan 17, 2022 4:10pm
If it is bio diesel i am sure they will correct the statement.
Comment by
hemi3tc on Jan 17, 2022 4:28pm
on BNN. Renewable. They use technology to convert canola oil into an exact copy of a hydrocarbon.
Comment by
lscfa on Jan 17, 2022 4:37pm
Yeah, just got an email reply from Coop. Canala oil can be used to make renewable diesel or biodiesel. Another fact that damn Don Allen omitted. Maybe Ceilo should use canala oil instead of used motor oil to make slurry.
Comment by
futuregains on Jan 17, 2022 4:08pm
Thanks for the clarification about the differences between the 2 types of fuels,BUT many articles are calling it renewable diesel not biodiesel. Even yahoo finance has an article about it. Just saying. Not trying to pick a fight. Please correct me if I am wrong.
Comment by
lscfa on Jan 17, 2022 4:18pm
diesel made from canala oil is biodiesel, not renewable diesel but both are biofuels. "The plant will crush 1.1 million tonnes of canola annually into oil and meal, with the oil supplying half of the feedstock needed for FCL's planned 15,000 barrel per day renewable diesel plant."