Fuel Frontiers, Inc. Launches Coal-To-Liquid Engineering Program With Shaw, Stone, and Webster
2008年1月30日 - 11:00PM
PRニュース・ワイアー (英語)
Engineering Will Provide Technical Basis for 400 Tonne per Day
Ultra-Clean Diesel Production Facility in Muhlenberg County,
Kentucky WASHINGTON, Jan. 30 /PRNewswire/ -- Today, Fuel Frontiers,
Inc. (FFI), a wholly owned subsidiary of Nuclear Solutions, Inc.
(OTC:NSOL) (BULLETIN BOARD : NSOL) , announced that it has
transferred funds to Shaw Stone & Webster (Shaw), a division of
The Shaw Group Inc., to launch the engineering program that will
provide a technical basis for a 400 Tonne per day Coal-To-Liquid
(CTL) Ultra-Clean Diesel fuel production facility in Muhlenberg
County, Kentucky. "I believe that The Shaw Group can supply
everything we need to support our efforts to develop CTL clean fuel
projects. With the launch of this engineering program, we have
established our commitment to work with Shaw in Muhlenberg County,
Kentucky," said Patrick Herda, President and CEO of FFI parent
company Nuclear Solutions, Inc. FFI is planning to employ a
commercially proven plasma gasification system designed by
Westinghouse Plasma Corporation (WPC) coupled to commercially
available Fischer-Tropsch (FT) gas-to-liquids (GTL) diesel fuel
production systems, to be designed and constructed by Shaw Stone
& Webster (SS&W) for its coal to ultra-clean diesel
production facilities. The Shaw Group Inc. is a leading global
provider of technology, engineering, procurement, construction,
manufacturing, consulting, and facilities management services for
government and private sector clients in the energy, chemical,
environmental, infrastructure. A Fortune 500 company with nearly $5
billion in annual revenues, Shaw is headquartered in Baton Rouge,
Louisiana and employs approximately 21,000 people (of which some
800 are based in the UK) at its offices and operations in North
America, South America, Europe, the Middle East and the
Asia-Pacific region. Shaw Group companies in the UK comprise Stone
& Webster Limited, a full-service engineering company
established in 1938 and active in both the power and process
sectors; Stone & Webster Consultants, providing technical
consultancy and financial services to energy clients worldwide. For
further information, please visit Shaw's website at
http://www.shawgrp.com/. About Nuclear Solutions, Inc. Nuclear
Solutions, Inc. (OTC:NSOL) (BULLETIN BOARD: NSOL) and its
subsidiaries report operations and financial results on a
consolidated basis within Nuclear Solutions, Inc.'s public filings.
Visit http://www.nuclearsolutions.com/ for additional information.
For further information on Nuclear Solutions, Inc. please contact
an authorized representative of the company. The only authorized
representatives of the company are: Patrick Herda, Ken Faith and
Fred Frisco and the only authorized investor relations telephone
number is (202) 580-8330. The company is not responsible for
information transmitted by an unauthorized third party or through
calls made to or from an unauthorized telephone number. Please feel
free to contact the CEO, Patrick Herda directly with any questions
at (202) 470-2664. Additional Information and Forward-Looking
Statements: Any statements made in this release that are not
statements of historical fact, including statements about our
beliefs and expectations are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and
should be evaluated as such. Forward-looking statements include
statements that may relate to our plans, objectives, strategies,
goals, future events, future revenues or performance, and other
information that is not historical information. These
forward-looking statements may be identified by words such as
"anticipate," "expect," "suggests," is designed to, " "plan,"
"planning," "believe," "intend," "estimates," "will provide," "to
be designed," "targets," "projects," "could," "should," "may,"
"can," "will," "would," "continue," "forecast," and other similar
expressions. Some of these statements include discussions regarding
our future business strategy, potential merger and acquisition
activity, and our ability to generate revenue, income and cash
flow. Although we believe that these forward-looking statements and
projections are based on reasonable assumptions at the time they
are made, you should be aware that many factors could cause actual
results or events to differ materially from those expressed in the
forward-looking statements and projections. Overall, actual future
results for Nuclear Solutions, Inc., and its subsidiary Future
Fuels, Inc., could differ significantly from statements contained
in the press release. Factors that could adversely affect actual
results and performance include, among others, the companies'
limited operating history, dependence on key management, financing
requirements, technical difficulties commercializing any projects,
government regulation, technological change, and competition. New
data and information could be obtained at any time which may render
previous opinions and discussions obsolete or irrelevant or
outdated. No forward-looking statement or projection in the future
will be updated to reflect the occurrence of unexpected events or a
change in conditions or circumstances, except as required by law.
In any event, undue reliance should not be placed on any
forward-looking statements, which apply only as of the date of this
press release. Accordingly, reference should be made to Nuclear
Solutions, Inc.'s periodic filings with the U.S. Securities and
Exchange Commission, also available through the Web site at
http://www.nuclearsolutions.com/. DATASOURCE: Nuclear Solutions,
Inc. CONTACT: Patrick Herda of Nuclear Solutions, Inc,
+1-202-470-2664 Web Site: http://www.nuclearsolutions.com/
http://www.shawgrp.com/
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