Quote:
Originally Posted by cptCuervo
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CWT has great technology, the only problem is they made a few bad business decisions, namely the site of their prototype plant. Part of the reason why production costs for the plant are so much higher than expected is that they have to buy their feedstock from ConAgra. Had the plant been located in the EU instead of the US, they could have received the feedstock for free (or even been paid to accept it) due to differing regulations on the use of animal byproducts.
Hopefully the company, or at least the technology, will still be successful. High oil prices ftw...