Green Energy Resources to Provide Woodchips for Cellulosic Ethanol Production; Seeks Port Operation in New YorkDate Posted: May. 09, 2008 New York, NYGreen Energy Resources (PINKSHEETS: GRGR) has targeted the Northeast US for supply contracts. The current market is approximately 1.5 million tons valued under $40 million dollars and is expected to quadruple within the next 3 years to over $500 million dollars with the addition of several new well publicized biomass, ethanol and wood pellet plants. Green Energy Resources has set a goal of 15% market share over the next 5 years. Increasing competition and need for supplies for woodchips to manufacture pellets, cellulostic ethanol and biomass has opened a once tiny market consisting of mostly local suppliers to a much larger sphere of supply. Green Energy Resources has millions of tons in its virtual inventory through its highly developed UTCS software. Through its current base of operations, Green Energy Resources can reach the entire eastern seaboard, the Great Lakes via canals and rivers, and the Connecticut Valley to New Hampshire. Green Energy Resources offers high quality green woodchips, bone dry woodchips for high BTU output, and low grade biomass for any application including gasification for ethanol. Green Energy Resources empowers buyers with a superior mitigated risk management strategy relieving them of vulnerabilities from local suppliers or adverse weather conditions. Green Energy Resources is conducting a search for a port to expand operations in the New York City area. The quest for a suitable port facility is underway and two sites have already been identified. The facilities will require substantial investment dollars to support barge operations, ships, and a pellet manufacturing plant. Green Energy Resources is seeking investment partners on the project. For more information, call 631-375-7921. See Related Websites/Articles: Cellulose
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