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Synthesis Energy Systems Launches U-GAS Technology Sub-Licensing Business

Synthesis Energy Systems, Inc. (SES) has executed a revised license agreement with the Gas Technology Institute (GTI) for its U-GAS technology rights. The revised agreement expands the rights and further defines the terms for SES to sub-license U-GAS to third parties for coal, coal and biomass mixtures, or 100% biomass projects.

Under the revised agreement, SES maintains its exclusive world-wide rights to the U-GAS technology for all types of coals and coal/biomass mixtures with coal content exceeding 60%, and non-exclusive rights to biomass and coal/biomass blends exceeding 40% biomass.

With the reliable operations of SES’ 95%-owned Hai Hua plant in China this year (earlier post), and its success gasifying difficult fuels such as high-ash coal washing wastes, a high-ash sub-bituminous coal and most recently a lignite coal, SES says it is seeing significant interest from companies in the US, China, India and Australia for licenses to use the technology for both biomass and coal applications.

Under the previous agreement with GTI, SES had limited rights to sublicense U-GAS to independent third parties. The revised agreement enables SES to move forward quickly with establishing a licensing business. As part of its third-party licensing business, SES also plans to provide key technology components and engineering services.

Comments

Henry Gibson

With high oil prices Coal gasification is needed. Coal energy can cost less than one tenth of oil energy depending on the price. Methanol should be the standard liquid fuel of the world even if it is half the energy density of gasoline. It stores longer and burns cleaner and more efficiently. It also can be chaned into gasoline with Zeolite catalysts. ..HG..

dursun

Methanol can also be catalyzed into DME, which I think is close to being the ideal transportation fuel.

Darius

Advantage gasifying difficult mixtures.

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