Showing posts with label SYNM. Show all posts
Showing posts with label SYNM. Show all posts

Monday, December 12, 2011

Defense to purchase advanced biofuel Synfining SYNM


The Pentagon contracted to buy 450,000 gallons of advanced drop-in biofuel, the single largest purchase of biofuel in u.s. government history, officials said. The Defense Department's Defense Logistics Agency will buy biofuel -- a tiny fraction of the Navy's yearly fuel budget -- made from a blend of used cooking oil and algae, which will be used in the u.s. Navy's demonstration of a Green Strike Group next summer during the Rim of the Pacific Exercise, the world's largest international maritime exercise, u.s. Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack said Monday in a joint release. Synfining® Process for upgrading FT liquid hydrocarbons into middle distillate products such as synthetic diesel and jet fuels, and the Bio-Synfining™ technology for converting animal fat and vegetable oil feedstocks into middle distillate products such as renewable diesel and jet fuel using inedible fats and greases as feedstock. The 50/50 venture -- known as Dynamic Fuels
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Sunday, November 14, 2010

SYNM Stock News Opens the First US Commercial Scale of Advanced Biofuels from animal fat produces " some of the highest quality diesel fuel in the world"

This Renewable Energy model to me is one of the most fascinating.  This is a direct quote "Operations are underway at the new Dynamic Fuels plant, which is successfully converting animal fats and greases into high quality renewable fuels, officials from Syntroleum Corporation (NASDAQ: SYNM) and Tyson Foods, Inc. (NYSE: TSN) announced today. Production began in early October and the volume being produced is 2,500 barrels per day and growing."

Now the thing is the quality of the Processed Fuel is outstanding for instance :

Gary Roth, chief executive officer of Syntroleum, said, "Our U.S. plant is producing some of the highest quality diesel fuel in the world, and best of all, it is renewable with a carbon footprint 75% below that of petroleum diesel. We can also make renewable, high value specialty distillate products that can be used in a wide variety of applications such as dry cleaning, ink cartridges and drilling fluids, and we are actively pursuing these markets."

Wow we need 100's of these Biofuel plants coming on line where ever the "raw" matierial (the animal fats) are in excess.  The resulting fuels should be use by schools.  To me the knowledge is half the battle.  Now get this thing replicated, by the thousands.  This reminds me a little of the movie called "Soylent Green" I wonder what the oder is like?