DALLAS, Jan. 30, 2007 (PRIME NEWSWIRE) -- If you didn't get the chance to hear MN1's interview with Dr. James Latty, CEO of Convergence Ethanol Inc. (OTCBB:CETH), on Monday, Jan. 29, 2007, you can still catch it by downloading the Podcast on www.mn1.com.
The interview starts off with talk about the State of the Union address and some of the important mandates on biorenewable fuels that President Bush proposes.
A 500% increase in ethanol production over the next 10 years.
A 20% reduction of gasoline usage in the next 10 years ago.
And then the importance of the future of ethanol to be produced from things such as wood chips, switch grass etc.
Convergence Ethanol's biorenewable energy project is a woodwaste-to-ethanol refinery in Hearst, Ontario, Canada. The HEO refinery will use modern catalytic processing, as used in oil refineries, to synthetically convert woodwaste into ethanol.
Dr. Latty further discusses the national and global benefits of ethanol and how Convergence Ethanol plans to assist the oil industry in meeting industry goals of providing cost effective, environmentally clean fuels. There is also discussion on completion of a new refinery unit that Convergence Ethanol recently built for Chevron.
For the full interview, visit http://www.mn1.com/mp3/ceth012407.mp3
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