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This is a continuation of the earlier thread about tow plane fuel.
From AVWEB February 11, 2008: Tetra-Ethyl Lead If I had an aircraft that required 100LL, I would read every report from Innospec, the only manufacturer of tetra-ethyl lead (TEL). Here is a quote from their 2007 third quarter report, available on their Web site: "In Octane Additives, operating income for the third quarter was $2.3 million, compared with $10.3 million a year ago. The gross profit margin was 50.6 percent, compared with 55.7 percent a year ago. Revenues of $16.2 million were down 49 percent from a year ago. The reduced results in Octane Additives primarily reflect a shift in certain shipments from the third to the fourth quarter, as well as the continuing longer-term decline in the tetra ethyl lead business." The report also shows that Octane Additives sales were $16.2 million out of a total revenue of $143 million, about 11 percent. Given the declining sales, declining profit margin and the large costs to decommission a [TEL] manufacturing facility, if you were in charge, how long would you continue production? Angus J. McCamant What's the alternate fuel situation for Pawnee's? Bill Daniels |
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