What price does deisel have to be before it becomes profitable to run the processor?
Ned,
First of all, thank you for posting that update, and thank you Mr. Eaton for dropping by the plant.
Now.. to the processor. The processor could quite likely be operated profitably right now, if not for one minor, but expensive problem, that of adequate tank storage to facilitate continuous operations.
I could go into the entire operation, but suffice it to say that once waste oil arrives at the tank farm, and is stored in a 20,000 tank and stirred, it will be 48 hours before it comes out as diesel fuel.
There is 40,000 gallons of waste oil storage, 24,000 gallons of #2 diesel storage, and 20,000 of #3-5 fuel oil storage. Combining that with the settling and testing requirements, it may take 72 hours to process one single batch of fuel.
More tank storage would permit continuous, rather than batch, operation. Ideally, having 2 to 3 20-40,000 gallon tanks for #2 product would be ideal. That would provide the capacity necessary, while also limiting the quantity of different fuel quality tests required (they do one test per storage tank so the larger the better).
So rather than think about the Charleston machine as a TV for sale, I think of it as a proof-of-concept demo being shown to others interested in making TV's for their markets, the manufacture and sale of which, GRNO will retain a annual liscensing and royalty fee.
But all in all, it is encouraging to know that folks are still on the job. That is a miracle unto itself after what we've all been through.
Regards,
Ron |
