Gilbraltar acquires assets of Delta Separations - $50 mil
also bought Apeks for $12 mil
https://www.sec.gov/Archives/edgar/data/912562/000091256220000004/ex991deltaseparations.htm
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if that doesn’t demonstrate the advantage of ethanol over CO2, I don’t know what y’all need 
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I need someone to acquire me for $5-10m. Lol. 
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I can manage $5
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maybe because they dont pay much tax.
but there is no sense to do it in gibraltar soil is to expensive.
strange.
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What now?
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and CO2 is to expensive and slow to extract big quantitys.
And maybe its something related to crude oil petrol.
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Gibraltar Industries the company…not the territory.
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Ahh your right its NY based.
But well CO2 extraction is not competitive to other extraction methods…
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as the relative prices for Delta vs Apeks can be taken to indicate…
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I typically see it only as competitive in more highly restrictive jurisdictions that do not want any hydrocarbon or ETOH based extraction systems.
Imagine having spent $5mill on a CO2 extractor that processes 1000lb a day. the ROI on that just got really really long. The question however, is if crude falls far enough will the loss rate of ethanol become financially prohibitive, or will biomass reclamation efficiency rise to meet the cost demands of the industry?
Its wild that those companies got bought for that compared to a Lord Jones that got 300 mill buyout.
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I am not advocating for co2 but i figured out in certain jurisdictions its cheaper to run co2 because you don’t need to acquire an ethanol permit and the build out for your facility . It just depends on local regulations its sometimes cheaper to just get a co2 system for 250k and slap it in and start production instead of dealing with bulk ethanol permits and build outs ect. I never thought co2 could be the cheaper option but for certain areas it is which is crazy to me
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