Synthesis Energy Systems Announces India Coal Test Agreement
Synthesis Energy Systems, Inc. announced today that it has entered into an agreement with a large steel-making corporation in India for analysis of their high ash coal for potential use in SES’ advanced fluidized-bed gasification technology in a number of planned coal gasification projects in India. The analysis will provide the necessary performance parameters of this high ash coal required to complete the preliminary design of an SES gasifier.
Additionally, SES has recently been performing coal qualification testing on three high ash, sub-bituminous coals from Turkey for a large utility customer who is evaluating the use of SES’ gasification technology for small scale power generation projects. Three samples have been tested and the test results are being tallied to date, with preliminary data indicating positive outcomes for all three Turkish coals.
SES views this type of coal analysis and testing as an important step in project development by providing necessary technical and feasibility information for customers ahead of entering into technology licensing and equipment supply agreements.
“Our previously reported data on high ash coals demonstrate carbon conversion greater than 98 percent and we look forward to reporting technical, environmental and cost performance test results for both the high ash Turkish coal and the high ash Indian coal,” stated Robert Rigdon, President and CEO of SES. “We anticipate that successful completion of this testing could lead to one or more technology license opportunities currently under discussion. We view this type of coal testing as a key step and important gateway to further project development steps, aligning risk mitigation and technical validation with project success for our potential customers.”
About Synthesis Energy Systems, Inc.
SES provides technology, equipment and engineering services for the conversion of low rank, low cost coal and biomass feedstocks into energy and chemical products. Its strategy is to create value through providing technology and equipment in regions where low rank coals and biomass feedstocks can be profitably converted into high value products through its proprietary U-GAS® fluidized bed gasification technology, which SES licenses from the Gas Technology Institute. U-GAS® gasifies coal cost effectively, without many of the harmful emissions normally associated with coal combustion plants. The primary advantages of U-GAS® relative to other gasification technologies are (a) greater fuel flexibility provided by the ability of SES to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) the ability of SES to operate efficiently on a smaller scale, which enables the construction of plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. SES currently has offices in Houston, Texas, and Shanghai, China.
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