posted
There was an article in the Wall St. Journal today mentioning ethanol providers. Most are currently privately held. There are two companies with IPO's expected in the near future.
The second and third largest companies were mentioned as coming out with IPO's soon.
Here is the list of Ethanol providers according to the Wall St. Journal:
1) Archer-Daniels-Midland(ADM) 2) Verasun Energy (IPO coming) 3) Aventine Renewable Energy Holdings (IPO coming) 4) Carghill 5) Andersons (In Maumee, Ohio) 6) Pacific Ethanol
Hey Maumee River, know anything about Andersons? It is currently privately held.
Or maybe Bob knows something about them?
[ April 13, 2006, 17:44: Message edited by: Bob Frey ]
posted
For a future Ethanol Provider with a new IPO to come soon.
XcelPlus Shareholders to Get Shares In XcelPlus Global Holdings Monday April 3, 1:14 pm ET
SALUDA, Va.--(BUSINESS WIRE)--April 3, 2006--XcelPlus International Inc. (PINK SHEETS: XLPI - News), XcelPlus International (http://XcelPlus.com) has established a new corporation to act as the principle holding company for all of its licenses, patents and proprietary formulas. ADVERTISEMENT
Xcelplus Global Holdings Inc., a Nevada Corporation, will be used for acquisitions and product development for all products and formulas on a global scale. The new company will also be the parent for the Xcelplus International Inc, E85 Conversion and Lube Center operations, as well as Xcelplus Asia Pacific holdings.
All shareholders of record in XcelPlus International Inc. will receive a restricted stock distribution of 1 share in Xcelplus Global Holdings, Inc. for every 20 shares they hold in Xcelplus International Inc. on April 7th and the stock will payout on April 21st 2006.
XLPI shareholders will keep all current XLPI shares they own, as they will not be affected in any way by the new stock distribution. The company wants all their shareholders to understand that XLPI is not undergoing a reverse split of any kind for this distribution.
All shareholders must be of record by April 7th 2006 to receive any distributions. This means that all qualifying shares of XLPI must be purchased by end of market trading hours on Tuesday April 4th 2006 to be eligible due to the 3-day settlement rule.
More information is being made available at Xcelplus' website at http://xcelplus.com .
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although XcelPlus International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by XcelPlus International Inc or any other person that the objective and plans of XcelPlus International Inc will be achieved.
Contact: XcelPlus International Inc. Brad Novak, Investor Relations, 949-661-5780 bnovak*xcelplus.com http://XcelPlus.com
E85 is the term for motor fuel blends of 85 percent ethanol and just 15 percent gasoline. E85 is an alternative fuel as defined by the U.S. Department of Energy. Besides its superior performance characteristics, ethanol burns cleaner than gasoline; it is a completely renewable, domestic, environmentally friendly fuel that enhances the nation's economy and energy independence.
Today, the U. S. imports more than half of its oil, and overall consumption continues to increase. By supporting ethanol production and use, U.S. drivers can help reverse that trend. 85% ethanol can reduce pollution. Government tests have shown that E85 vehicles reduce harmful hydrocarbon and benzene emissions when compared to vehicles running on gasoline. E85 can also reduce carbon dioxide (CO2), a harmful greenhouse gas and a major contributor to global warming.
Although CO2 is released during ethanol production and combustion, it is recaptured as a nutrient to the crops that are used in its production. Unlike fossil fuel combustion, which unlocks carbon that has been stored for millions of years, use of ethanol results in low increases to the carbon cycle.
Ethanol also degrades quickly in water and, therefore, poses much less risk to the environment than an oil or gasoline spill.
XLPI has conversion kits to change your engine so it can run on E85
From their website:
E85 Flextek Dealer Program
If you own a lube shop, repair shop, new and or used car dealer , who is looking to add to your bottom line then you need our help.
We are making the FLEXTEK adapters and specialty lubricants available to you with brochures, counter displays and banners for a minimum investment.
what you will be able to do is install the system, add the lubricants and market you vehicles as E85 compatible. Our Engine Protection has been reformulated with extra cleaners so that a car has the product added to the engine along with our fuel treatment to clean and protect both areas form the acids formed in the combustion of E85. Install the harness which is a very simple process and have the customer flip the switch after 2000 miles and then start using E85. The harness allows for the proper amount of fuel to enter the system so it burns efficiently and also allows for them to run on pure gas as well as a mix of E85 and regular gas in seconds.
The Engine Protection products we have will stop the acids formed from using E85, eating away at the engine protecting it form the life of the car.
For more details you can contact our National Sales Director Kevin Whited at
kwhited*xcelplus.com do some DD....it will be a great play.
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