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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: IPOJunkie who wrote (4799)5/9/1998 12:01:00 PM
From: hoopsville  Read Replies (1) of 14347
 
RS, you can't conclude from the website whether one process
has an economic advantage over another or even if any process
is operationally or economically feasible. Seems like the iron
catalyst is suitable over a much wider range of feedstocks (which
is what Texaco would be interested in) wherein the cobalt catalyst
is more easily poisoned and needs a purer feedstock.
The cobalt catalyst produces a better quality product but the
unstable, olefinic-rich product from the iron catalyst could be
stabilized by simple hydrogen treating. The products from all
the processes would probably be considered low quality and couldn't
be used as gasoline, jet fuel or diesel without further processing.
The economics of the process are greatly dependent on the price
of petroleum products which depends on the price of crude which
can vary greatly. Doubtful that these processes would be competitive
with the products from today's low-priced crudes. But what will
tomorrow's crude price be?
All the above is my opinion only.
Tom
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