Thanks for this. I'm wondering though how this new technology might impact ADUR. Supposedly there is a company that can produce fuel out of air and they will be deploying their first machines already this fall. ADUR would still have value for being able to recycle the plastics, but they might not get as much for the stuff they produce if this other group can really produce fuel from thin air. https://advancedbiofuelsusa.info/first-u-s-machine-to-turn-air-into-gasoline-debuts-in-nyc
Aircela is interesting, but it produces 1 gallon per day, and the global consumption is 839 billion gallons. We need many replacement solutions, and they all need to be scalable. Hopefully, that company can create something bigger and less expensive. I don't see it as an active threat to Aduro, but I would absolutely welcome it, this is so much more than an investing issue.
Aduro's plastic vertical can create fuels and chemicals, but the other two verticals that don't get as much coverage are heavy oil upgrading, which has an absurdly high TAM and the renewable oils which I think is sitting around 120 billion TAM. We just need to see this through to complete commercial scale.
Thanks for this. I'm wondering though how this new technology might impact ADUR. Supposedly there is a company that can produce fuel out of air and they will be deploying their first machines already this fall. ADUR would still have value for being able to recycle the plastics, but they might not get as much for the stuff they produce if this other group can really produce fuel from thin air. https://advancedbiofuelsusa.info/first-u-s-machine-to-turn-air-into-gasoline-debuts-in-nyc
Aircela is interesting, but it produces 1 gallon per day, and the global consumption is 839 billion gallons. We need many replacement solutions, and they all need to be scalable. Hopefully, that company can create something bigger and less expensive. I don't see it as an active threat to Aduro, but I would absolutely welcome it, this is so much more than an investing issue.
Aduro's plastic vertical can create fuels and chemicals, but the other two verticals that don't get as much coverage are heavy oil upgrading, which has an absurdly high TAM and the renewable oils which I think is sitting around 120 billion TAM. We just need to see this through to complete commercial scale.
hi
the 6min interview link is broken
This one is new https://youtu.be/Wi-2Hmou4BQ
Thank you, it should be fixed