Thread: Who Needs Oil
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Old 29th August 2008, 10:26 PM
Slippery Slippery is offline
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Join Date: Sep 2006
Location: Brisbane
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Who Needs Oil

OK, so my algae project is not going to make me rich in the short term.

So I am doing due diligence on a proposal on my desk at the moment.

Part of this is pressing 35 000 tons of soy beans every day, 5 days a week to make 8000 litres of oil. If I turn this into Bd it is already sold to a local distributor.

What I would like some feed back on is whether I would be able to sell the raw oil as SVO. I am still guessing on costs but I think it would work out at around 80 cents a litre to give me some profit.

What do you guys think?
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