Technologies to Proceed with Purchase of Site for Commercial Scale
Synthetic Fuels Facility
on: February 18, 2008, 6:48 pm
Release Author: Additron
Release Summary: Additron Technologies, Inc. has received approval
from the Shanghai Municipal Committee Secretary to proceed with
the acquisition of approximately 1.8 square kilometres in Pudong
New District, Shanghai to build its Strategic Fuels and Chemicals
Release Body: SHANGHAI, R.O.C., February 18, 2008 – Additron
Technologies, Inc. today announced that it has received
approval from the Shanghai Municipal Committee Secretary
to proceed with the acquisition of approximately 1.8 square kilometres
in Pudong New District, Shanghai. Additron intends
to build its Pudong Strategic Fuels and Chemicals
Center at the site.
facility will produce Additron’s ultra-clean synthetic transportation
fuels and specialty chemicals.
Chen, Additron’s President and Chief Executive Officer stated,
“We are pleased to have located this site for our synthetic
fuels and chemicals facility. The site is ideally located with access
to multiple feedstocks (pet coke, coal and biomass), central to
several product distribution channels.
continued, “The aquisition of this site is instrumental
in moving this project forward. By using domestic resources, facilities
such as this one will play a critical role in increasing China’s
energy security while reducing the regions greenhouse gas footprint.”
on a study conducted by the Shanghai CPC Department of Energy,
Additron’s proprietary Nano Enhanced
ICL process was free of virtually all carbon dioxide emissions.
Jinping, former CPC Party Secretary said, “Shanghai
is excited about Additron’s decision to commit
to exercise the option on the site.
project will be a great enhancement to the economic progress of
not only the Pudong New District, but to all of Shanghai.”
Additron’s proprietary Nano Enhanced ICL process,
the Pudong Strategic Fuels and Chemicals
Center will be designed to use petroleum coke or coal supplemented
with biomass as gasification feedstocks.
project will initially produce 40,000 barrels per day of ultra clean
synthetic fuels and specialty chemicals and will be expandable to
80,000 barrels per day.
Additron Technologies, Inc.
Technologies, Inc., founded in 1997, provides clean energy
solutions. The Company developed the Nano Enhanced ICL Process
which transforms coal into valuable and clean alternative
fuels and chemicals.
Details: Additron Technologies Inc.
Zhu Jia Jiao Town,
Qing Pu Area, Postalcode: 201714
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