Hi all - correct me if im wrong here but i dont think the optiblend sales so far have many (if any) from the cummins deal due to it being too soon (training staff etc as previously reported). IMO the sales of cummins each quarter could easily outstrip our current mcap! Why, well Cummins have been investing massively in reducing carbon emissions (report attached - pre optiblend deal), they have ambitious targets as by 2020 they aim to have 80% of their rigs on dual fuel. This coupled with the new US diesel emission rules makes this a billion dollar market (not withstanding the fact US shale companies will be panicking over oil production costs at present).
Next quarters figures will be interesting. Jdog.
http://www.cummins.com/sites/default/files/CDP_submission_2013.pdf
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