Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John S. Baker who wrote (4827)	5/9/1998 4:19:00 PM
From: hoopsville	Read Replies (1) \| Respond to of 14347

John, the refinery bottoms from the vacuum crude stills and the catalytic cracking units are disposed of in several ways. In order of volume; (1) coking - which creates petroleum coke and light products, (2) blending - to make No. 6 heavy fuel oil used in ships and land installations like power plants, (3) resid hydrocracking - a high pressure, very expensive cracking process with hydrogen which makes high quality lighter products. There is plenty of capacity in place to utilize the low valued refinery products so there is generally not an incentive to make capital expenditures for a marginal improvement. Refining has been a poor investment for the past 50 years so oil companies would rather spend their monies on exploration and production. Hope that helps. Tom