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: S.C. Barnard who wrote (9648)	9/29/1998 9:16:00 PM
From: TokyoMex	Read Replies (2) \| Respond to of 14347

Now when you need to do the BOTTOM ,, who do you call ? -------------------------------------------------------------------------------- Related Quotes TX 64 1/2 +2 1/16 delayed 20 mins - disclaimer Tuesday September 29, 4:04 am Eastern Time Singapore Syngas breaks ground on $200m gas plant SINGAPORE, Sept 29 (Reuters) - Singapore Syngas Pte Ltd, a joint venture between Messer Griesheim of Germany and Texaco Inc (NYSE:TX - news), broke ground on Tuesday for its US$200 million synthesis gas plant on Singapore's Merlimau island. ''Coming at a time of economic slowdown, it shows that Messer and Texaco are positioning themselves for the eventual market upturn in the region,'' said Lim Swee Say, deputy chairman of the parliamentary committee for Finance and Trade & Industry. ''We are most encouraged by this strong display of confidence in Singapore and in the medium-term prospect in the region,'' Lim said at the ceremony. The new gas facility will combine Texaco's gasification technology with Messer's industrial gas expertise. The facility, scheduled to begin operations by mid-2000, will provide airgases, hydrogen, carbon monoxide and synthesis gas feedstocks to petrochemical and refining companies on Jurong island. The 10-hectare plant to be built alongside the Singapore Refining Company (SRC) plant will gasify 600 tonnes per day of vacuum flushed residual feedstock from the refinery to produce 900 metric tonnes per day of carbon monoxide for sale to Celanese, a unit of Hoechst AG (quote from Yahoo! UK & Ireland: HOEG.F). In March, Singapore Syngas signed a 20-year contract to supply all the unit's carbon monoxide output to Celanese, which operates a 500,000 metric tonne per year acetic plant in Singapore. ''The on-site market is the fastest growing segment, comprising about 20 percent of the worldwide industrial gas business and is expected to expand at a double digit growth rate for the next decade,'' said Messer chief Herbert Rudolf. --Nurul Indriani (65)870-3086; Fax (65)776-8112 --Email: singapore.newsroom@reuters.com -------------------------------------------------------------------------------- More Quotes and News: Texaco Inc (NYSE:TX - news) Related News Categories: US Market News -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?