Quote:
Originally Posted by 2doubledown
Ron, don't post on your site but found this new edition to the Green Consortium website:
Baytown Energy Consortium has "locked-up" an unlimited supply of Palm Waste from its subsidiaries in Central America and Asia, Oil Palm Fronds are the waste products left after the palm fruit has been removed. Oil Palm Fronds are high in oil and fiber.
Please explain further "locked up" and what this means to producing fuel at Baytown????
Will check your comments at your site......thanks for all the work !!!
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They've SECURED the suppliers for Palm Waste Feedstock for Rivera's Reactors.
If you go back a few pages here on KaBoom, you'll find a Wikipedia article posted on Palm Oil and Waste. The tonnage of waste leftover after processing palm oil is IMMENSE... in Malaysia/Indonesia, they've got 'mountain ranges' of the stuff and have to burn it just to get rid of it.
But to 'secure' a supply at rock-bottom prices (or 'next to nothing') before it's common knowledge that it can be used with our process, makes good business sense. Once palm oil producers realize there's a market for their waste, they'll start charging for it...
Best to secure or lock up as much freebie or super cheapie feedstock as possible before palm oil producers use it for another revenue stream...