Orlando, FL -- (SBWIRE) -- 09/27/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Cereplast Inc(PINK:CERP), KiOR Inc (NASDAQ:KIOR).
Cereplast Inc(PINK:CERP) shares closed at $0.0131. The company on Sept. 17 said it is advancing in the research and development stage in preparation to bring to the market a more sustainable and cost efficient process for the development of algae bioplastic resins. By using an algae biomass selection process in which food-based materials are not fed to the algae for growth, the food chain is not impacted, increasing sustainability. The material is also expected to lower costs in algae bioplastics development by deploying post-industrial processes, enabling the re-use of materials.
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KiOR Inc (NASDAQ:KIOR) shares surged 57.92% to $2.89. The company on Sept. 26 announced today that it is pursuing plans to double production capacity at its Columbus, Mississippi, cellulosic fuels facility through construction of a second facility incorporating KiOR's commercially proven technology. KiOR estimates that the project - Columbus II - will cost approximately $225 million, will break ground within 90 days of the Company raising sufficient equity and debt capital to commence the project, and will take approximately 18 months to construct and start up.
Once completed with its latest technology improvements, KiOR expects that the Columbus II project will allow each Columbus facility to achieve greater yields, production capacity and feedstock flexibility than the original design basis for the existing Columbus facility, enabling KiOR to more quickly make progress towards its long-term goal of 92 gallons per bone dry ton of biomass.
Is KIOR going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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