Tuesday, September 16, 2014
Last week RDX Technologies, Inc. (RGDEF: OTCQX or RDX: TSXV) announced an agreement to supply renewable diesel to the Tyson Farms’ Temperanceville Facility in Virginia. The Energy Division of RDX sells three grades of methyl ester fuels that can be used in boilers and small generators. RDX did not disclose the value or size of the Tyson Farms contract. However, the contract apparently is for one year with a second year option.
Friday, September 12, 2014
Who doesn’t like a bargain? I found three especially interesting deals in Crystal Equity Research’s alternative energy indices. Both are trading near ten times net earnings. Yet, the enticing earnings multiple might be only part of the story.
Tuesday, September 09, 2014
Argex Titanium (ARGEF: OTC/PK or RGX: TO) is a small company with a big idea: to penetrate the old-school titanium pigment industry with some new technology. The company’s CEO, Roy Bonnell has been on the road recently pitching the merits of his team’s innovations. Argex plans to produce high purity titanium dioxide pigment or TiO2 from ilmenite ore using a proprietary process the company has been developing with the help of a major user of titanium pigment, paint producer PPG Industries (PPG: NYSE). Apparently PPG has been sufficiently impressed with Argex to enter into a technology sharing and supply agreement with Argex.