Coal to WAX
Rather than burning Coal, Oil or Gas we should value add it. Turning coal to liquid for fuel is based on the oil price of approximately $450 per tonne. Turning coal to wax could produce a much higher sale price at $700 per tonne or higher ($2000) if it is refined further. Wax is used in particle board and plasterboard and so has large consumption of wax. H&R group would take every kg of suitable wax. The wax is used as a hydrophobe and so is not burned an does not impact on CO2 emissions. Coal to liquid fuel is an option but maybe coal to wax is better.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.
Last edited by Alite; 03-20-2010 at 01:08 PM.
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