Post by
TheRock07 on Jun 17, 2011 8:29am
Lignol DD
The US and other oil-dependent countries have mandated that by 2020 , a certain percentage of their oil consumption be replaced by renewable energy sources.
To this end, they have been subsidizing the production of ethanol.
The current generation of ethanol producers use biorefneries that produce ethanol from corn.
Corn prices have risen progressively such that it is not economical to produce ethanol from food-based feedstocks.
Lignol has developed a second generation biorefinery which will turn the ethanol production model on its ear.......................it has developed processes and patents that can produce ethanol from cellulosic sources ( eg pulp and forest wastes ) and instead of concentrating on ethanol production , it has concentrated on the two other products of cellulosic ethanol production..........high purity lignin and lignin derivatives which have a green footprint and which can replace petro and other toxic biochemicals in a wide varety of industrial products ( glues, rsins industrial powders etc ).
That is, Lignol will use the ( subsidzied ) revenues from ethanol production to produce a profitable stream of HP lignin and lignin derivative chemicals and products.
So far, it has rec'd about $60 million in Fed and US energy grants and is now in the tertiary stages of selling its test products to its development partners who are using them as replacements for petro and other toxic chemicals.
Its initial proposed commercial biorefinery will produce 20 million gals of ethanol and 55,000 tons of HP lignin products.At current prices and breatplate production indices, the gross sales will be about $115 million per biorefinery.
It has 4-5 accepted patents and well over 50 more in the process of being developed or filed.
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So, royalty company, patents, alternative energy procducer, technology producer and industrial products producer.