Hi Gary,
This is my first post on the thread but I have been lurking for
weeks!! I have been holding MIDL for weeks and plan to hold
for ever!! LOL I became a member of SI for one reason and one
reason only... to have access to your thread. Thank you for
all your patience, hard work and research. I know I am not
alone when I say we all appreciate the time and effort you give
to this thread. Honestly... week before last I was wishing
you would hang up and go to bed. I was up all night every
night watching your posts!! LOL!! I admire your energy! When
doing my DD I found a couple of interesting things I haven't
seen posted here. I have been trying to focus on how how widely
used ethanol-based gasoline is.. I figured if nothing else that
was a good start at determining who would be in the market for
our DF-144 with it's high antiknock Indices and cheaper production
cost. The company already stated Canada was a good market due to
their current ethanol usage but while researching I stumbled upon another good candidate.
Gasoline in Brazil is either straight ethanol (alcohol made from
sugarcane) or gasohol (typically a mix of conventional gasoline and 22
percent ethanol).
Here is data on one of Exxon's Affiliates in Brazil. The numbers
make you stop and think... especially considering the market share.
Esso Brasileira de Petr¢leo Limitada:
Annual sales: $2.6 billion
Headquarters: Rio de Janeiro
Employees: 1,202
Primary businesses: Fuel products and lubricants marketing
Fuel facilities: 2,721 mainly dealer-owned service stations, 3 airport
refueling terminals, 25 fuel products terminals owned by Esso or joint
ventures
Lube oil plant: Solutec, near Rio, with annual capacity to blend
700,000 barrels of lubes, manufacture 6,000 tons of grease, fill 14
million one-liter motor oil bottles
Annual primary product sales:
Gasoline, 17.7 million barrels
Diesel, 16.8 million barrels
Alcohol, 8.8 million barrels
Lubes, 325,000 barrels
Total market share: 9%
All I can add is I'm very happy the company is getting patents
in other countries!!! Actually.. I was also thrilled that
Headquarters is moving to the town I live!! Houston!! |
