To: Sheri who wrote (714 ) 4/11/1998 6:48:00 PM From: arriba Read Replies (2) | Respond to
Hello fellow investors, I live in the S.E. part of Texas. This morning I meet with a customer of mine. He and his wife works for Chevron Chemical at a plant location about 45 minutes East of Houston. Any how, during our conversation I asked them if they knew anything about MTBE. They told me a few things that were very interesting. First he said, Chevron was going to Build a processing unit for MTBE at their plant location, but they decided not too. I asked him, why? And he told me that it was to toxin of a chemical and that Chevron did not support MTBE. He said that at their plant Chevron would just buy it from other companies, because it would be replaced with another product in the near future, thus avoiding the expense. He also said that Chevron was looking at other options to get away from MTBE. He did not know what those options were exactly...... I asked him if he ever heard of DF-144 and he said no he hadnt, but that new products come into the market and he doesnt always know about them till after the fact. He also said, things like that are tight lipped and that is not his division within the company. He went on to say that the CEO of Chevron spoke at a conference in California Saying that there are other products which are much better and safer than MTBE and that the industry needs to change. I guess that the bottom line of our conversation was that Chevron is actively looking to replace MTBE with a better, safer product. Any how, take it for what its worth, I thought I would share this with all of you. And by the way I will be at the meeting in Dallas, Heck its just a short drive for me.
