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Gold/Mining/Energy : Gasification Technologies -- Ignore unavailable to you. Want to Upgrade?


To: zebra4o1 who wrote (1541)10/29/2008 6:24:24 AM
From: Dennis Roth  Read Replies (1) | Respond to of 1740
 
>> What's with Rentech? <<

They have a long history of talk without action. They propose and talk up a project for a while then switch and start talking up another project. I've stayed away from them. I'm waiting for them to get full construction financing in place before I jump in.

SES is more interesting, at least they've built methanol plants in China and have them running. Also, their Chinese partners in their proposed projects can get bank financing.

With gasoline under $3.00/gal and credit and venture capital markets frozen up, I don't see any CTL projects getting underway in the States or anywhere else in the world outside China.

China is a special case. They take a a long term view and internal development decisions are not dependent on Wall Street.