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Technology Stocks : VRDM - Veridium Corporation

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To: edward62 who wrote (97)5/1/2006 1:41:34 AM
From: Crabbe   of 133
 
Veridium's technology is a little different than the one mentioned in the article.

Veridium uses an algae that is 96% starch and 6% oil. There are a multitude of algae and the one the article is talking about is about 50% oil, 50% starch. As Veridium is/was targeting ethanol plants, the starch aspect is of more interest to the ethanol refineries. The percentage oil is still high enough to fit Veridium's business model of extracting the oil and buying it at a discount.

The major advantages of the Veridium process is that the algae it uses grow at 135 degrees F. That is the temperature of the flue gases both from a ethanol refinery and also the temp of the flue gas from fossil fuel fired power plants. I think too that Veridium's process has a much, much smaller footprint for the reactor, Veridium's process is harvested several times a day, the mass of algae doubles in Veridium's reactor in as little as a couple of hours maybe three.

The biofuel from each is a different target.

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