Governor Huntsman Visits the Clean Coke Center of Excellence Facility and Meets With Terra Systems
2008年4月29日 - 11:00PM
PRニュース・ワイアー (英語)
SALT LAKE CITY, April 29 /PRNewswire/ -- Terra Systems, Inc.
(OTC:TSYI) (BULLETIN BOARD: TSYI) Utah Governor Jon Huntsman Jr.
visited the Western Energy Training Center ("WETC") on April 2nd,
2008 to sign Utah's SB224 Coal Mine Safety Act and establish an
office in WETC to oversee the program. During his visit he
expressed his support of the "Clean Coke" Pilot Facility being
constructed at WETC. This U.S. Department of Energy recognized,
Center of Excellence ("COE"), combines the energy industry and
business expertise of Terra Systems, Inc., Combustion Resources LLC
("CR"), and Flying Sensors with the advanced training facilities
and control methodologies of WETC. The Clean Coke pilot facility is
designed to provide a learning environment to train a new workforce
and gain hands-on experience with new technologies while conducting
further research and development ("R&D") and producing finished
product for testing in the marketplace. The pilot facility is
currently projected to begin production in July, 2008. Orders have
been secured for the initial coke production of the pilot facility,
which has a design capacity of [2] tons per hour. The U.S. coke
fuel market is highly dependent on foreign sources to meet demand.
The U.S. currently produces less than 10% of the coke product
necessary to support the $50 billion world wide coke industry. The
production of Clean Coke briquettes will help decrease U.S.
dependency on foreign fuel sources and provide a cleaner fuel to
help meet ever increasing environmental requirements. Most
producers of coke utilize older technology that is very
inefficient, thus producing heavy emissions and waste products. The
Clean Coke process is "Greener" in all aspects of its operation and
finished product. The process can utilize, as a portion of its
feedstock, coal that oftentimes exists in waste piles at abandoned
or existing coal mines. In addition, the patent pending process is
designed to sequester the off gas into re-usable products and
recover waste oils as a component in the feedstock blending
process. The finished Clean Coke briquettes can also be formulated
to meet or reduce emissions when combusted in industrial furnaces.
Terra Systems has secured an exclusive licensing agreement from
Combustion Resources to commercialize Combustion Resource's patent
pending Clean Coke technology. Terra Systems has begun plans to
develop the first of four full scale facilities targeted for
completion by 2010. The first 240,000 ton per year facility is
planned for construction near Price, Utah. An option has been
agreed upon for an existing building structure, including the
existing processing equipment within the facility, some of which
can be utilized in the full scale plant. The primary feedstock for
the pilot plant and first full scale facility has been secured. The
feedstock will be processed and supplied by Terra Systems. Terra
Systems' patented Pneumatic Accelerator Technology will be utilized
to clean the nominal value coal of ash and other contaminants. The
processed coal will then be blended with higher value feedstock and
formed into briquettes as part of the Clean Coke process. The
finished product from the Clean Coke facility can then be used as a
key component of the "charge" processed in large industrial
furnaces used in the steel, phosphorus, sugar, foundry, metals
smelting and soda ash industries. The secondary products recovered
and sold from the Clean Coke process include: ammonium sulfate,
methane gas, BTX (a mixture of benzene, toluene and xylene), and
sulfur. Bob Carter, Business Consultant with COE stated, "The
ability for a pilot facility to generate a positive cash flow while
providing a hands on training program, conducting R&D,
optimizing control and operation of the process, without shutting
down the full scale facilities, is revolutionary to this industry."
George Ford, President of TSYI added, "The pilot facility allows us
to test the Clean Coke technology in a manner that also produces a
marketable product. We intend to rapidly expand the use of this
technology within the U.S. and abroad. The pilot facility also
facilitates the R&D and training necessary to provide turnkey
packages based on our patented Pneumatic Accelerator System that
can be rapidly deployed to recover nominal value waste coal piles
throughout the world." About Terra Systems, Inc. Terra Systems,
Inc. is a clean energy technology company incorporated in 1996
focused on advanced clean energy generation, enhancement and
utilization of waste coal and upgrading of specialty carbon
products. Please refer to http://www.tsyi.com/ for more information
on Terra Systems, Inc. Note: Certain statements contained herein
may be forward-looking statements within the meaning of federal
securities laws and Terra Systems, Inc. intends that such
forward-looking statements be subject to the safe- harbor created
thereby. Forward-looking statements include Terra Systems, Inc.
expectations as to the managing and marketing of its businesses
within the meaning of the Private Securities Litigation Reform Act
of 1995 regarding future events and our future results that are
based on current expectations, estimates, forecasts, and
projections about the industries in which we operate and the
beliefs and assumptions of our management. Actual results may vary
materially from such expectations. Words such as "expects,"
"anticipates," "targets," "plans," "goals," "projects," believes,"
"seeks," "estimates," variations of such words, and similar
expressions are intended to identify such forward-looking
statements. Any statements that refer to projections of our future
financial performance, our anticipated growth and trends in our
businesses, and other characterizations of future events or
circumstances, are forward-looking. Although Terra Systems, Inc.
believes that its expectations are based on reasonable assumptions
within the bounds of its knowledge of its business and operations,
there can be no assurance that our results of operations will not
be adversely affected by such factors. Unless legally required, we
undertake no obligation to revise or update any forward-looking
statements for any reason. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this statement. DATASOURCE: Terra Systems, Inc.
CONTACT: Clayton Timothy, CEO of Terra Systems, Inc.,
+1-435-472-4752, Web site: http://www.tsyi.com/
Copyright