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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: LesX who wrote (687)	12/16/1997 11:28:00 AM
From: TokyoMex	Respond to of 14347

Message Boards Subj: Syntroleum and GTL article By: garyschuetter Date: Dec 16 1997 8:00 A.M PST Reply To: Msg. 1 by YahooFinance A good article explaining the how the costs are coming down for GTL plants and the eviromental push of this technology (I love it when liberals help my stocks go up). Rentech's time will come. Texeco is in hot pursuit for GTL technology and has spent a lot of time to date with Rentech. Must be something substantial there! gary ------------------------------------------------------------- AN OCTW9734900010 HD TEXACO TO BUILD "WORLD'S FIRST ECONOMICAL GTL PLANT" WC 426 Words CC 3023 Characters PD * 12/15/97 SN Octane Week CY (c) 1997 Phillips Business Information, Inc. LP Texaco [TX] this month announced it will build a gas-to-liquids (GTL) plant of initial 2,500 b/d capacity starting early next year, probably in the Gulf of Mexico or Caribbean region, at an estimated cost of under $30,000 per barrel of daily operating capacity (bdoc). Start-up target is third quarter 1999. The estimated $75 million plant, which potentially could be expanded to as much as 50,000 b/d, will utilize a new "hybrid multiphase technology" jointly developed by Texaco and Tulsa, OK-based * Syntroleum, with technical support from Brown & Root and Bateman Engineering. TD More plants will follow, as the company "expects to be * incorporating Syntroleum's GTL technology into various locations worldwide," according to Texaco Global Gas & Power President Graham Batcheler. "We expect that this will be the world's first economical GTL * plant," said Syntroleum CEO Mark Agee. "This ushers in the deployment phase of the GTL industry." Texaco believes the technology can produce clean syncrude or fuel blendstocks at a cost competitive with crude oil refining. Because of recent technological breakthroughs, the cost is expected to be far below that estimated for the world's only other commercial- scale GTL plant: Shell Bintulu, Malaysia, which Texaco estimated at a cost of around $65,000 bdoc. Texaco refused to say exactly where its first plant would be built, delaying an announcement until the first quarter of 1998. The plant's light and heavy syncrude output likely would target Gulf Coast or Caribbean refiners, but "the site and markets are to be determined," according to Texaco's Ron Skarbek, International Marketing & Business Development Director. While stranded gas is the typical feedstock for GTL, "this particular plant doesn't need to be tied to stranded gas," Skarbek told Hart Publications. Another key advantage is that it won't require government subsidies (as with the coal-to-liquids technology in South Africa) or have the cost problems Shell encountered, he said. In addition, the technology can produce "much more fungible products" than the liquefied natural gas (LNG) typically produced from remote gas sites, Skarbek said. LNG projects are costlier, require dedicated transport ships and terminals, require lengthy purchase contracts and complex financing (typically 20 years), and take at least seven years to build, he said. By contrast, the latest-technology GTL plants should be able to start- up within two or three years, with far lower costs and simpler financing, he said. Increasingly strict environmental rules on fuels help explain demand for GTL products, Skarbek said. Refiners facing costly capital upgrades to make cleaner fuels may be able to save money by using GTL products instead, he said. I0607 * End of document.

To: LesX who wrote (687)	12/16/1997 11:31:00 AM
From: TokyoMex	Respond to of 14347

Message Boards Help - Edit Identities - Sign Out regarding RNTK and GTL ! By: icabi Date: Dec 16 1997 8:26 A.M PST Reply To: Msg. 180 by benjon1 1. Biodiesel 94: Tables rredc.nrel.gov rredc.nrel.gov. 2. Clean Air Today 9/25/96 autotune.com 3. Toxicology, Biodegradability and Environmental Benefits of Biodiesel rredc.nrel.gov 4. CONVERSION OF RICE HULLS TO DIESEL FUEL rredc.nrel.gov 5. Top Tech Stories from TECHMALL (for the latest in technology) Rentech Provides Potential Solution For Upgrading 'Refinery Bottoms' techmall.com techmall.com 6. Under subtile "Texaco launches global gas and power organization" isa.org Texaco launches global gas and power organization Abi