Interest in Synthesis Energy Systems, Inc coal gasification technology has resulted in an agreement with the Hainan Dongfang Henghe Energy Development Company Ltd., based in Hainan Province, China, for a large scale $1.6 billion coal waste to synthetic natural gas project in Jiangxi Province, China.
"Our track record of technology success in China, buoyed by the recent start-up of our Yima Joint Venture plant, has resulted in a significant uptick in inquiries from industrial companies and project developers looking to utilize our coal gasification technology," said Robert Rigdon, CEO of Houston, Texas- based Synthesis Energy Systems, Inc (SES).
SES provides technology, equipment and engineering services for the conversion of low rank, low cost coal and biomass feedstocks into energy and chemical products.
"The Jiangxi project with Henghe is an ideal large-scale commercial application of our technology for the conversion of very low quality and low cost fuels into high-value products like synthetic natural gas,” Rigdon added. “We expect the project to require multiple SES gasifier systems and we look forward to finalizing the commercial arrangements for our technology and equipment."
The Jiangxi Province project will be designed to convert coal mining wastes into two billion normal cubic meters of SNG per year, and is expected to be built in multiple phases.
“We believe the SES technology is a good technology for China and is well suited for our Jiangxi project because of its ability to cleanly and cost effectively convert our low quality coal and waste coal for SNG production,” said Li Jinmei, chairwoman of Henghe.
