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Diversified Ethanol A Subsidiary of Originally New York Inc Nearing Completion of First Plant Ahead of Schedule.


CHICAGO -- Diversified diversified (di·verˑ·s  Ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol.  Corporation, a subsidiary of Originally New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: ONYI) has announced that it is nearing completion of its first plant, which is the original award-winning Butterfield Plant officially called the A70, with numerous updates and improvements.

Even after completion, ethanol plants typically require several weeks of set-up and tuning to operate at capacity, as well as alcohol permits. Typically, permits come before the plant is complete. This plant, however, was assembled ahead of schedule. Company execs are excited to have put together a plant faster than the time it takes to get permits. Because the company is ahead of schedule, it will build a second A70 plant instead of laying-off workers until construction of the A500 begins on January 3, after a real estate closing.

The company will begin assembling the second A70 plant, which it anticipates it will use for research and development for cellulose cellulose, chief constituent of the cell walls of plants. Chemically, it is a carbohydrate that is a high molecular weight polysaccharide. Raw cotton is composed of 91% pure cellulose; other important natural sources are flax, hemp, jute, straw, and wood.  and fruit waste research and development. The company expects the new A70 to take much less time to build.

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Taylor Moffitt said, "The small plants we offer will fill a big need in the industry. California just passed more good legislation, and we have more environmentalists in office now than ever before. Small plants are good for food waste, good for cellulose, good for research and development, and good for remote areas. We are preparing to produce these Henry Ford style, in mass production. Every plant we produce will be built more efficiently than the last. Because it is a reliable, standardized standardized

pertaining to data that have been submitted to standardization procedures.


standardized morbidity rate
see morbidity rate.

standardized mortality rate
see mortality rate.
 design, we will be able to produce ethanol plants like they have never before been produced."

For more information about Diversified Ethanol, please visit the company web site at www.diversifiedethanol.com.

Originally New York is developing a new web site solely for the purpose of providing information about Originally New York and products and services it offers. The web site, when developed, will be at www.onyionline.com.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 9, 2006
Words:491
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