Hom Tov
Businessman Ofer Glazer and other investors have acquired 70% of the 'Hom Tov' corporation, owned by Shimon Kazansky and Israel Feldman. The 'Hom Tov' corporation developed a unique patent to extract high quality oil and liquid fuel from oil shale, at low cost. Experts estimate that the company's profit from using the process it developed will be $250 million a year."
First off, what is Oil Shale exactly and how it is processed. Here is the answer
http://en.wikipedia.org/wiki/Oil_shale
Here are oil shale problems. I haven't read
http://www.kirj.ee/oilshale/
Here are some articles to start with to read including above link.
http://www.haaretz.com/hasen/pages/Article...l?itemNo=714435
Businessman Ofer Glazer and other investors have acquired 70% of the 'Hom Tov' corporation, owned by Shimon Kazansky and Israel Feldman. The 'Hom Tov' corporation developed a unique patent to extract high quality oil and liquid fuel from oil shale, at low cost. Experts estimate that the company's profit from using the process it developed will be $250 million a year."
Fantastic! Not only is Israel's economic situation wonderful, but Glazer will evidently save us from the rising price of oil, and the fuel crunch in general. Apparently AFSAK Hom Tov will shortly be supplying everyone with cheap electricity and gasoline and it's absolutely A-OK that Ofer makes himself a few shekels.
"This is the first harbinger of the Glazer Group's activity in Israel. Buying the controlling interest in Hom Tov indicates economic and technological potential. The acquisition will enable accelerated development of Israel's existing energy resources and will end Israel's dependence on foreign sources of energy or on oil prices and global fuel. Buying Hom Tov will create a significant amount of jobs in the Negev."
Bearderch, please find me a map of the info below. Warren Buffett is very involved in Isael and it appears we have 2 billionaires crossing paths. Please find what "obstacles there are in the immediate area with safety, location etc.
(Just copy/paste the link s from the top of the browser when you find one.
Now we have Warren Buffett and Eitan Wertheimer developing the Galilee and Ofer Glazer developing the Negev. I suppose we should leave development of the center to the new Industry minister, Eli Yishai.
Other top Hom TOV articles
http://www.google.com/search?q=hom+tov&sou...ie=utf8&oe=utf8]http://www.google.com/search?q=hom+tov&sou...ie=utf8&oe=utf8
