TSCI Street Pulse - January 4, 2010
Nanoparticles for Fuel Conservation and Green Initiatives
The following is an excerpt from Emerging Growth Research industry report on EnerTeck Corporation titled: "Nanoparticles for Fuel Conservation and Green Initiatives - Will EnerBurn Revolutionize Diesel Consumption?"
(For the full report, click: EnerTeck Corporation Report)
------
EnerTeck Corporation is an integrated manufacturer and distributor of a unique nanoparticle-based diesel engine conditioning fuel additive for the trucking, rail and maritime industries as well as for heavy construction markets. The Company also plans to penetrate the mining and offshore drilling markets in the future. The Company is headquartered in Stafford, TX.
EnerTeck’s main product line, called EnerBurn, is an EPA approved fuel borne catalytic engine treatment that enhances performance and efficiency while reducing engine wear and lowering the nitrogen oxide (NOx) and particulate matter (PM) emissions level discharged from diesel engines. Research centers and customer tests have shown EnerBurn to be a proven and effective emission and fuel consumption reduction agent. Specifically, EnerBurn conditions diesel engines by forming a catalytic nanolayer on the combustion chamber surface. We believe the Company's technology is impressive based on solid science.
The Company acquired the EnerBurn trademark and related assets in late 2000 from a joint venture, called Nalco/Exxon Energy Chemicals L.P. (“Nalco/Exxon”), between Nalco Chemical Corporation (“Nalco”) and Exxon Corporation. EnerTeck’s Chairman and CEO, Dwaine Reese, previously held various management
positions with Nalco and Nalco/Exxon.
EnerBurn has demonstrated several significant operating improvements for customers who use the Company’s diesel engine conditioner fuel additive. On average, the EnerBurn fuel additive has increased mileage by 8% to 15%; lowered highway generated smoke by 25% to 60%; reduced NOx emissions by 10%; reduced engine wear between 40% and 50%; and increased overall horsepower by up to 4.0%. The EnerBurn product is registered by the Environmental Protection Agency (“EPA”) for all transportation fuel use in the United States.
Importantly, the Company has spent well over $1.0 million on various engine tests in order to prove the performance of its product and receive EPA approval. Additionally, EnerTeck has completed numerous tests with both independent engineering services and within its customer base. Recently, EnerTeck successfully completed an engine test required by the North American Railroads Association which demonstrated the
product’s fitness for use in diesel locomotives. The test showed reduced emissions and that the additive causes no harm to engine cylinders. The completion of these tests paves the way for wide scale commercial rollout of this technology.
We believe the “economics” of EnerBurn are impressive. The product is priced at $100 per gallon. One gallon of EnerBurn is then mixed with 2,500 gallons of diesel fuel for use. Therefore, the price of the EnerBurn fuel-additive on a per-gallon-of-diesel-fuel basis equals $0.04. On average, by using EnerBurn, customers have experienced a fuel savings of approximately 10%. Thus, with diesel prices around $2.80 a gallon,
customers will save approximately $0.28, while spending only about $0.04 per gallon, therefore the product “pays for itself.”
The Complete Report is Available Here: EnerTeck Corporation
------------------
TSCI Editorial Note: Additional research material is available from Emerging Growth Research
------------------------------
Joseph Noel is an analyst with Emerging Growth Research. Joe is a
29-year veteran in the investment and technology industries. Prior to
founding Emerging Growth Research, Joe was a senior analyst at Pacific
Growth Equities, LLC, where he tracked the communications
equipment/services and advanced industrial sectors. Prior to Pacific
Growth, he covered both the telecommunications equipment and services
industries at Hambrecht & Quist and was employed by
Gartner/Dataquest as a communications industry analyst.
Mr. Noel received his MBA in Finance from Wake Forest University,
and holds a BS in business and economics. A four-time Wall Street
Journal All-Star Analyst, Joe specializes in emerging growth companies
in the communications, Internet and advanced industrial equipment
sectors. |