Yadkin Docs

ncentives make sense when there is a good probability that the objectives of the one offering the incentives will be achieved

plants to turn wood chips into cellulosic sugars that can be used in fuel, pet foods, cosmetics, lubricants and other products.

When the Natchez HCL Cleantech plant opens, Russ said, it will use 1 million tons of pine or softwoo

To put the figure into perspective, Russ said International Paper’s Natchez plant was using 1.2 million tons of wood a year at its peak before it closed.

Interesting article but, let me shed some light with a few points of fact that nobody in the company will offer. One, at the time this article was posted, Eran was no longer CEO. Eran was deposed and a new CEO was hired in June of 2011. Two, the pilot in Durham was no longer operational (they’re trying to move it elsewhere) and proved nothing along the lines of this process being commercially viable. In actuality, far more was proven to the contrary. Three, the company is woefully behind on researching and proving their proprietary solvent extraction process which is the lynchpin to their success. The reality is they haven’t proven they can reliably make ANY sugar from wood on a pilot level, much less extract the acid THEN recover the acid and solvent. Bottom line, if you’re expecting sugars to be made from wood in Grenada in 2012, and most likely ever, don’t hold your breath. Unfortunately for Khosla, the DOE and the state of Mississippi, they will be forced to realize this in due time.

No problem, Karin. Happy to bring a touch of veritas to the table. Additionally, you could check the HCL CleanTech company website to verify the legitimate CEO is Philippe Lavielle and contact him for comment. You could also reach out to Steve Piccot, Director at Southern Research Institute in Durham, NC, and ask him who authored a certain $9 million DOE grant proposal.

Miss. lawmakers approve 3 job-creation proposals

Gov. Phil Bryant,

"The reason we're coming here, and I'm going to be frank, is the Mississippi farm boys and the farm girls," Correnti said. "I wouldn't trade a Mississippi farm boy or farm girl for any Russian, Chinese, Japanese, Mexican, South American."

uthorizing the bonds clears the way for HCL ClearTech, an Israeli company, to establish its U.S. headquarters in Olive Branch.

HCL ClearTech expects to invest $1 billion to create 800 jobs at an average salary of $67,000 a year.

HCL ClearTech's manufacturing process converts biomass to sugars that are used in industry. The company uses pine trees, among other things, to obtain cellulosic sugars which can be used in producing animal nutrition, cosmetics, lubricants and fuel, among other things. "We were drawn to Mississippi because the wood stocks are substantial," Cuneo said.

Amory project among top 15 in country* Steel Development Corp. is building a $200 million plant that will employ 150 workers.By CHRIS WILSONMonroe Journal

Trade amp& Industry Development magazine has named Amory's steel mill project one of the top 15 projects in the country.

community-transforming

Barbours moving out of Miss. Governor's Mansion

ncoming Gov. Phil Bryant, says there was no word yet on when Bryant and his wife, Deborah, will move into the mansion in the center of downtown Jackson.

With America gazing inward, some will look to China for money and leadership. This began visibly to happen in 2011, when European officials ended an EU summit by jetting straight off to Beijing, in a humiliatingly unsuccessful effort to drum up Chinese interest in buying more European debt.

But the leadership of China’s Communist party will also spend much of the year jostling for position. While the identities of the new president and prime minister are widely assumed to be known – with Xi Jinping and Li Keqiang slated respectively for those positions – the slots just below the top two are up for grabs. China’s urge to concentrate on domestic affairs will be accentuated by a growing nervousness about political and economic instability at home.

and growing social unrest in China’s manufacturing heartlands

October 9, 2011 2:46 pm

The steel industry faces tough times with companies braced for falling prices as buyers delay orders because of extreme nervousness about global economic weakness.

China. The country has been the chief locomotive in driving up the expansion of the global industry.

Sinopec, China’s second-largest oil company by market capitalisation, unveiled a $2.5bn deal with Oklahoma-based Devon Energy to invest in five new development areas from Ohio to Alabama.

International groups are still keen to increase their exposure to unconventional US energy resources despite the environmental controversy over “fracking”, the injection of water, sand and chemicals into wells to crack rocks and release oil and gas.

Foreign companies have been shifting their focus from gas, prices for which have plunged, to oil. Devon’s deal with Sinopec also reflects Chinese companies’ hopes that techniques pioneered in the US could be used to develop China’s own resources.

plan to build a steel plant in the US partly funded by one of China’s biggest steel companies has hit out at his critics, saying that objections to the scheme are a “ploy” by established US companies to block fair competition.

John Correnti, chief executive and part owner of Steel Development, which intends to construct a $168m plant in Amory, Mississippi, with the aid of investment by state-owned Anshan Iron & Steel, dismissed as “ludicrous” a claim by a group of US congressmen that the involvement of a Chinese company could potentially damage US national security.

Mr Correnti’s project in Mississippi – which he says is part of a bigger $2bn scheme to build a total of four steel plants in undisclosed locations US-wide – comes at a difficult time for the country’s steel industry which was severely affected by the 2008-09 economic crisis and is recovering only slowly.