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Aug. 8, 2013, 3:11 PM
- The most important news on Syntroleum's (SYNM -0.9%) Q2 results actually came from remarks by Tyson Foods (TSN) CEO Donnie Smith that the Dynamic Fuels plant hasn't restarted as planned because SYNM is in discussions to sell its 50% share of the plant, Robert Wagner writes.
- Since SYNM is engaged in multiple patent disputes with Neste Oil (NTOIF.PK), Wagner sees it as the most likely buyer; Neste may have hinted of the planned purchase when it said it was making progress toward gaining access to the U.S. market.
NTOIF vs. ETF Alternatives
Neste Oil is a refining and marketing company, with a production focus on premium-quality, lower-emission traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel.
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