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lancerevo7: NSOL auch im biodieselsektor vertreten
Future Fuels, Inc. Supports President's State Of The Union Challenge to Explore Alternative Energy Sources
Wednesday February 1, 12:56 pm ET
WASHINGTON, Feb. 1, 2006 (PRIMEZONE) -- Future Fuels, Inc. (FFI), a subsidiary of Nuclear Solutions, Inc. (OTC BB:NSOL.OB - News), welcomes President George W. Bush's visionary statements on pursuing ``cutting-edge methods of producing ethanol'' to help reduce U.S. dependency on foreign oil. In his January 31, 2006 State of the Union address, President Bush stated:
``Keeping America competitive requires affordable energy. Here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world... The best way to break this addiction is through technology... So tonight, I announce the Advanced Energy Initiative -- a 22-percent increase in clean-energy research at the Department of Energy, to push for breakthroughs in two vital areas... fund additional research in cutting-edge methods of producing ethanol, not just from corn but from wood chips, stalks, or switch grass. Our goal is to make this new kind of ethanol practical and competitive within six years.''
As a result of its recent activities , FFI stands ready to assume a leadership role in these efforts. FFI employs a unique business model to implement commercially available and proven technology to transform low-value, end-of-life carbonaceous waste materials such as waste coal, used tires, wood wastes, raw sewage, discarded corn stalks and other agricultural by-products, into high-value, environmentally friendly, clean-burning ethanol. To date, FFI has successfully secured land, environmental permits, a waste source suitable for conversion into ethanol, and preliminary approval for an $84 million bond authorization from the state of New Jersey for the first-of-its-kind 52 million gallon waste-to-ethanol production facility in Toms River, New Jersey. In addition, FFI recently retained a regulatory compliance consulting company to gear up for the facility's operations. FFI's Toms River facility will become the basis for launching additional waste-to-ethanol conversion facilities at other potential sites across the country.
For more information on FFI, call 202-536-4653 or read about the company's progress to date in a series of press releases posted in the ``News Center'' on Nuclear Solutions, Inc.'s Web site at http://www.nuclearsolutions.com.