Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Into concrete foundation of the Altalto? It looks like a giant landing for the alien spaceship...
I also enjoyed this presentation. It was good to see that VLS is leading the conversation with a support from LanzaTech. I can actually see both companies cooperating in the future and bringing a complete solution for many clients.
LanzaTech has money behind and technology that can be easily adopted to various sources of gas into ethanol, fuel additive or plastic components. What VLS had is a brilliant technology to turn unwanted waste into pure clean fuel without any pollutants. A call it a true SAF and green fuel.
What VLS doesn't have at the moment it's funding. So let's hope our government will see the benefits of supporting them in getting Altalto up and running ASAP.
Well, I am pleasantly surprised with this interview. Soon it will be almost 12 months since SYME became SYME. The full audited accounts for 2020 are due soon. And if we have an update on the acquisition along with the half year / quarterly update , that will be absolutely awesome.
No worries Loosely. I definitely needed more reading on LanzaJet initiative. I can see why it is atractive to Shell, BA and others, especially with the massive funding received from EU. Unfortunately what's in EU, stays in EU. UK will continue on its own now. This gives VLS advantage over LanzaJet here. I hope VLS delivers soon a good progress on Altalto as their proposition for SAF sits better with me (generic waste reduction and landfills regeneration into greenland).
OK Loosely, I did dig around and can see that they are using their own microbes to turn toxic CO and H2 into C2H50H hence reducing CO2 from burning those gases.
I can also see that their cooperation with BA and plans to enter UK market as LanzaJet. "With the addition of British Airways, LanzaJet now plans to develop a further four larger scale plants operating from 2025, producing a pipeline of sustainable aviation fuel and renewable diesel made from sustainable feedstocks, to support and enable the global decarbonisation of the aviation sector. It’s hoped that some or all of these plants will be built in the UK subject to improved Government policy support for waste-based sustainable aviation fuels."
Looking at this LanzaTech is more mature (plants already producing fuel) and their technology is more flexible in terms of deployment. Hence I can see why Shell went LanzaTech way instead (sugarcane waste to enthanol).
Page not found?
In the absence, could you explain please what is different in their offering?
Plus:
"Raízen has a network of 7,000+ fuel stations under the Shell brand spread throughout Brazil and Argentina, more than 1,000 convenience stores and an ethanol production of over 2.2 billion US gallons (8,300,000 m3). The company also has 26 ESB (ethanol, sugar, and bioenergy) plants, with a total crushing capacity of 62 million tonnes of sugar cane per year, while also boasting 940 megawatts of installed electric power capacity produced from sugarcane biomass (bagasse). Many of these plants were inherited from Cosan at the creation of the joint-venture, while several others were acquired from competitors as part of an expansion strategy. In the fuel trade business, Raízen trades approximately 31 billion liters per year in both B2B (mainly the transportation and industrial sectors) and B2C segments (through its network of 7,000+ fuel stations across Brazil and Argentina). It aimed to certify just under 1 million hectares of affiliated sugarcane production area under the Bonsucro sustainability standard by 2020."
OMG! 1 million hectares of rainforest turned into sugarcane production and EU being "convinced" into accepting Bonsucro as a sustainable fuel although its standards had to be altered for Bonsucro to comply fully.
On the other hand VLS is tapping to the mountains of polluting waste and its technology capture CO2 (negative balance) whilst reducing waste. Now we know what Shell is made of.
I highly recommend taking a look at panoramic view of Raízen, where Shell in cooperation is already producing this type of fuel:
https://en.wikipedia.org/wiki/Ra%C3%ADzen
Lovely view reminding us of 18th and 19th centuries factories - just this one is located in Brazil, next to the tropical forest... wait a second.. what forest? Long live the SAF
Well, there is nothing unique about LanzaJet proposition than old good spirit to fuel exchange - cheap and fast way, no much fuss R&D required. Our grand, grand fathers new this already. Typical of Shell, they went into quick return operation. Unfortunately it is what Mr. MSoft is investing today - crop fields to grow fuel, not food. It is not sustainable, it is not addressing waste, it is producing more waste and CO2, it is turning soil into useless dirt. Alcohol to Fuel should never be considered SAF in the first place.
Falklandinvestor, take a look at HBR Share Price icon above this chat. One of the tables are showing todays figure sells vs buys. At the moment the is more shares bough than sold 11,570,933 vs 9,724,843 for the same amount of circa £2m. Still have no clue how is that possible and why SP is going down. There are packages of circa 100k shares being dropped from time to time, but the buying volumes are still way more.
88e has nothing to offer apart of promise and that today's RNS didn't go well. TWL on the other hand is moving up nicely. If you are looking of a penny stock that may deliver this year, watch ZEN and ZPHR instead. Both are penny stocks with a good potential - depending on news.
SK, what's Goolagong factor?
I can understand that price of oil is bouncing back from C-19 initial recession and US politics, but would expect this price to go up even highier due to recession. With the increased devaluation of fiat, all goods will go up. This will include oil regardless of airplains flying or not.
I've looked at 88e and ZPHR. Both seems to be at the "promise" stage rather than full speed production. Most cash is generated through financial activities and loans. The only difference I see (apart of the existing production in case of ZEN) is the right level of PR - regular updates on: where we are, what we said we will do (and did or not), next steps. Good comms seem to do the magic in both cases to SP. But as they say - buy on rumour, sell on news...
Thanks Fakevenues! It will be good to have a summary or link to what was discussed and presented.
Donotpanic, AZ said this, AZ said that. The issue is that none of this is translating at the moment into actions or profits. Lots of misleading RNSes so far - you really need to be careful when reading the sentences in those RNSes. At the moment this company is trading on the golden smile and promise of future business. And nothing else. Thankfully they got themselves experienced CFO - just in time before annual accounts for 2020 are due (or should I say - overdue again).
CFO news are the only GOOD news on that RNS.
I do not count number of prospective companies as small print at the end says it all - including lost ones as well. So what they are actually reporting in those billions? Lost income as well? Usually this is taken away rather than added to the total figure if you ask me.