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SunOpta Inc. Message Board

  • wildstoic wildstoic Sep 23, 2005 11:03 AM Flag

    The Biomass Ethanol Bandwagon

    Another company jumps on the biomass ethanol bandwagon:

    http://www.primezone.com/newsroom/news.html?d=86618

    WASHINGTON, Sept. 23, 2005 (PRIMEZONE) -- Nuclear Solutions, Inc. (OTCBB:NSOL) announced today that its Board of Directors has named John C. (Jack) Young interim President of Future Fuels, Inc. until a permanent selection is made. Future Fuels, Inc. is a wholly owned subsidiary of Nuclear Solutions, Inc. focused on assessing, developing, constructing, and operating technology to convert waste such as trash, raw sewage, discarded corn stalks and other agricultural byproducts into renewable fuels such as clean-burning ethanol. Recently, Future Fuels, Inc. signed a confidential, non-binding letter of intent with multiple business entities to acquire technology, land, permits, feedstock, and management expertise to facilitate the design, construction and operation of a waste-to-ethanol production facility in the northeast United States.

    "The opportunities for Future Fuels, Inc. are unique and great. The passage of the latest energy bill stipulating national use requirements for ethanol creates a growing market for this product. To meet the demand, Future Fuels intends to apply a competitive technological approach that would produce ethanol from waste streams, with positive implications for the environment. As Future Fuels continues to take the necessary steps to realize these opportunities, I very much look forward to launching the company," states Mr. Young.

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    • In case anyone missed this part (make of it what you will):

      "Recently, Future Fuels, Inc. signed a confidential, non-binding letter of intent with multiple business entities to acquire technology, land, permits, feedstock, and management expertise to facilitate the design, construction and operation of a waste-to-ethanol production facility in the northeast United States."

 
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