The road to commercial profitability for cellulosic ethanol companies
August 20, 2008
When it comes to cellulosic ethanol, typical news stories deal with plans to build plants, new partnerships and grants received. The bigger question for the cellulosic ethanol sector, however, is which companies will win the race to achieve commercial profitability. As companies roll up their sleeves and try to lower their costs to produce cellulosic ethanol on a commercial scale, we thought it would be a good idea to find out what milestones these companies still need to achieve on the road to commercial profitability and when they think commercial profitability can be reached.
CellulosicRoundtable.com received responses to this topic from BlueFire Ethanol Chief Financial Officer Christopher Scott, Coskata Chief Marketing Officer & VP Wes Bolsen, DuPont Danisco Cellulosic Ethanol President Joe Skurla, POET CEO Jeff Broin and Verenium VP of corporate communications Kelly Lindenboom.
Verenium VP of corporate communications Kelly Lindenboom: "We are currently planning to break ground on our first commercial-scale facility in the middle of 2009, and to deliver ethanol to the marketplace from the facility in 2011. Further, it is our intent to rapidly deploy a series of commercial facilities shortly thereafter."
Verenium VP of Corporate Communications Kelly Lindenboom: "While we have not provided guidance on commercial profitability for the overall business, we would expect each of our projects to be cash flow positive entities.
I am doing my job. I didn't say its a bad company I said the stock is performing opposite its supposed good things that has happened to it so far and I don't mean to suggest this is different then any other stock. Guessing chances for success against the small stock price is a chance worth taking right? But how often do these things pan out when they are this low. Someone suggested this might be the one in 100. I doubt we would be told it was the 1 in 100 before it went up. usually your told after the fact
except one week or ten days. Thats every week when more people wanted this to work when people invested in it, When oil was at record prices, when alternatives was funded and this was offered as one of the viable stocks better then corn. And it still has gone done what 200 percent? Stick with big money here, and you will see it all gone