Re: The Stake Process
Billions saved in health care costs aren't the only aspect of a technology like biorefining and sugar-based textiles. Billions in profits are what we are looking at in terms of the steps used to sequester and refine bio-based products for cosmetics, lubricants, pharmaceuticals and bioplastics. Steps like chromatographic separation are key to unlocking these value chains and these are the types of biorefineries Mascoma is planning to build, own and operate using sustainable wood as a feedstock. That's especially important to SunOpta shareholders because of the 19% stake they have in Mascoma. With wood looking to be about 40 billion gallons of fuel per year, that's roughly 1/3rd of the share of the current gasoline consumption if we look at increased fuel standards. 1/3 of the petroleum market in just fuel consumption is a very big piece of the pie.