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

To: BAXTERBOO who wrote (8745)	9/15/1998 4:15:00 PM
From: Starduster	Read Replies (1) \| Respond to of 14347

Sounded like he knew what he was talking about... "I do like what the man who wears the star said yesterday."

To: BAXTERBOO who wrote (8745)	9/15/1998 4:41:00 PM
From: Howard Williams	Read Replies (4) \| Respond to of 14347

....and what the man in the JCPenney suit (just kidding, Mr. Yakobson)) said today. Have hard copy. 19 pages. It was a technical speech to a technical audience. I'll try to distill out the essence in words I understand. Basic themes: Vastly growing world energy demands (75% more by 2020) - 365 Quadrillion Btu in '95, 639 in '20 Renewables can't supply it all Nuclear going downhill Need to reduce or at least minimize carbon into atmosphere Gasifying coal and adding Fe-catalyst GTL (guess who), maybe adding natural gas too, increases thermal efficiency of coal processes and can give valuable F-T products. The following are process thermal efficiencies with Pittsburgh #8 coal feed: (IGCC = Integrated Gasification Combined Cycle unit, that's a gasifier in our terms...makes syngas) Combustion/power only: 32.5% (That's what's happening today) IGCC/power only: 38.7% IGCC with F-T (Iron): Make power and diesel, 3 different complexities of F-T: 49.6 - 55.7% Make power and petrochemicals, most complex F-T: 58.4% Add natural gas to coal feed: IGCC with F-T (Iron): Make power and diesel, 3 different complexities of F-T: 52.9 - 58.2% Make power and petrochemicals, most complex F-T: 62.2% IGCC with F-T (Cobalt) (involves a shift reaction to get the H2:CO ratio up): Make power and diesel: 51.8% A 400 MWe coal fed power plant would produce about 6000 to 9600 barrels/day of F-T products depending on the complexity of the F-T unit and the products chosen. The bottom line: IGCC plus iron F-T gives you more out of every ton of coal and puts less bad stuff into the atmosphere. Can almost double the thermal efficiency compared to what's happening today. That's important.... And (almost) finally, a quote at the end of the paper that comes from a DOE April 1998 publication.. "To make full use of abundant supplies of low cost solid fuels, The integrated IGCC process represents a unique combination of technologies that offers industry low-cost, highly efficient options for meeting a variety of market requirements. In combination with synthesis gas conversion technologies [H.W. note: RNTK, e.g.] it is the only advanced power generation technology that is capable of co-producing a wide variety of commodity and premium products in addition to power to meet future market requirements." Best thing for a lump of coal, anywhere in the world, is a gasifier, a power generator and a Rentech GTL unit. More than MHO..... Enjoy. H.W.