Beruflich Dokumente
Kultur Dokumente
March, 2011
Pristine Promise
Public Disclosure
This release may contain statements that are forward-looking. Such statements, including those related to the prospects for and/or the benefits of Clean Coals technology and potential for commercialization are made based upon current expectations and are subject to considerable risks and uncertainties. Such risks and uncertainties include the factors discussed in our Annual Report on Form 10-K for the year ended December 30, 2009, as well as Forms 10-Q and other filings with the Securities and Exchange Commission. In addition, some of the consultations and discussions referenced in this release have been informal and may not result in binding and executable contracts. Any agreements for implementing and commercially validating Clean Coals process at its first commercial facility may be subject to potential delays due to funding problems and required regulatory clearances. Clean Coal does not undertake to update forward-looking statements to reflect actual results of and changes in assumptions or changes in other factors affecting such forward looking information.
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Under contract, SEE&I responsible for engineering and construction of CCTI plants
CCTI is ideally positioned to address todays need for an affordable, cleaner coal
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US President Obama, State of the Union Address to the US Congress, Washington, January 27, 2010.
Chinas policies, measures and actions to combat climate change, demonstrate Chinas seriousness and deep sense of responsibility for the survival and development of mankind and the future of our Mother Earth.
Mr. Hu Jintao , UN Summit, September, 2009. We have a moral responsibility to bequeath to our children a world which is safe, clean and productive, a world which should continue to inspire the human imagination with the immensity of the blue ocean, the loftiness of snow covered mountains, the green expanse of extensive forests and the silver streams of ancient rivers. Indian Prime Minister Dr. Manmohan Singh
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Upgraded Coal may not be the Future; it is the Bridge to Clean Energy Future
Coal powers around 40% of worlds electricity generation Unlikely to be replaced as a fuel source within the next generation
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Coal is among few sources of energy which is found close to the consumers
Substitution of imported for domestic coal offers significant foreign exchange savings
Post-combustion scrubbing of pollutants requires large capital expenditure and reduces salable energy
Expensive primary fuel is a major risk for low-income countries
CCTI is ideally positioned to address todays need for affordable, cleaner fuel
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It would be free of moisture and, therefore, a high-energy fuel source The Reality: Existing upgrade technologies address only some of these requirements. No single technology addresses all of them. Reduction of Co2 remains a challenge for all of them. However, conventional washing techniques create environmental problems of their own Newer technologies are designed to upgrade low-ranking coal:
Remove high levels of moisture that otherwise renders the coal uneconomic to exploit and transport Some companies state that their processes reduce Co2 emissions, but this claim is somewhat misleading
Some technologies also remove volatile matter, made up of contaminants and hydrocarbons
Removal of sulfur and mercury may eliminate the need for expensive post-combustion emissions scrubbers Some technologies are able to recover chemical byproducts and commercialize them to supplement revenues
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Complete conversion of coal to a synthetic gas (syngas) Consists of hydrogen and carbon monoxide converted to chemicals and fuel
2. Technologies, such as CCTIs, mild gasification, come in two varieties : Remove moisture only Remove moisture and volatile material 3. Technologies that remove both moisture and volatile material, also come in two varieties:
Technologies that capture volatiles as byproducts to supplement revenues Technologies that do not capture and commercialize the volatile materials
CCTIs technology, category 3A, is a unique pre -combustion process that removes moisture and volatile matter while monetizing the latter.
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External fuel source. A process that re-circulates light volatile matter for process heat is likely to be far more economical than one that relies on an external fuel source, particularly in the moisture removal phase.
Does the process operate at ambient, or at high pressure? High pressure systems are complex, less reliable and more costly to install and operate than those that operate at ambient pressure. Is it a batch or a continuous process? As a rule, continuous processes are more stable, require less maintenance, and processing times are shorter. Is the feed coal pulverized? Pulverization is expensive and powdered coal is like dynamite which cannot be transported safely. In most cases, the coal has to be briquetted for transport. This is another cost of the process and briquetting introduces problems of its own. Are byproducts captured and commercialized? The revenue stream from coal liquids can be very significant. The CDLs can be very similar to sweet crude oil and, potentially, more valuable than the coal itself. Is the plant design efficient and reliable? The concern is that some plants are designed around complex, unproven components whose performance over time is not known.
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Is there a verifiable track record of successful deployment? Problems such as explosions caused by dangerous components or unstable processed coal, have been documented.
Can the plant be located at mine head where it is possible to reap significant transportation economies?
10. Is the entry level plant an affordable capital expenditure? Are expansions costly?
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CTTI is one of four companies whose process captures coal gases for process heat. The three other companies do not appear to be active.
Coal is not pulverized, but retains the physical properties of the feed coal. Pulverized coal is unstable and subject to spontaneous combustion. Owing to risk of spontaneous combustion, some processes are best located at the power plant, rather than at the mine head. Sacrifice of economies as wet vs. dry coal is shipped from the mine.
The CCTI process naturally coats the upgraded coal making it highly resistant to moisture reabsorption and spontaneous combustion. Saves the cost of briquetting. In practice, briquetting has been found to be problematic owing to breakage and some pulverization, and moisture re-absorption. CCTI is one of three competitors that claim to produce salable byproducts. The other two companies are inactive.
Indications are that the CCTI process offers the lowest cost/ton to upgrade coal.
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Bespoke process can be tailored for specific end markets and input coals
End-user defined levels of moisture and volatiles
SAIC/SEE&I, world-class EPC partner, supports technology & guarantees mechanical performance
Production module design is based entirely on proven, off the shelf components
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SAIC/SEE&I Relationship
CCTI technology partnership with SAIC/SEE&I
Contractual relationship aligns SEE&Is interest with success of CCTI and its clients Joint development of technology strengthens CCTIs future IP position Mechanical performance guarantee provided by SEE&I
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Patent Cooperation Treaty (PCT) protection filed in all target countries Nixon Vanderhye have managed CCTIs intellectual property and patents since 2007
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Process may be tailored to client specifications for end product Always conserves key physical properties of input coal Does not pulverize or re-absorb moisture during transportation
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Process Highlights
Coal is heated gradually in an inert, oxygen-deprived atmosphere Uses a set of multi-stage (two to four) heating chambers Residence times and gas mixtures are controlled and optimized through sophisticated, proprietary software Optimum blend of gases at atmospheric pressure and are-circulated to each zone Volatile matter and gaseous pollutants emanating from coal are extracted External, independent gas separators remove pollutants from the gas streams Cooled and stabilized in a separate cooling zone under controlled gaseous mix Light volatile matter is used as a fuel source for process heat
Excess heat can be used for co-gen plant for electricity
Heavy volatile matter condense and seal the surface of the coal
Unlike competing processes, CCTIs process limits the ability of the coal to re -absorb moisture or combust spontaneously
Valuable hydrocarbon gases are condensed into liquids (CDLs) and captured separately
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CCTI Process
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182 tpd
Sulfur 1 tpd
CCTI Process
535 tpd
Clean Coal Product 11,005 Btu/lb (25,598 KJ/Kg) 2.2% moisture 5.1% volatile matter 13.4% ash 0.07% sulfur
295 tpd
Process Water
The CCTI process is controlled by sophisticated, proprietary software that adjusts process parameters to specifics of the input coal.
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Reduces volatile matters by up to 90%, depending on source coal Removes over 90% of inherent mercury and organic sulfur
Facilitates removal of ash
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Raise seed capital Construct first commercial module in the U.S. Build up management team and BoD AMEX/NASDAQ listing Conclude negotiations with two early-stage investors who share CCTI vision Seeking commercial validation of CCTI technology in the United States
MBA contract in Tennessee In discussions with groups well connected in Texas and Kentucky coal and power sectors Conclude contract negotiations with Huamin secure a bankable contract to deploy CCTI process throughout China
Conclude negotiations with Joint Venture partner in Inner Mongolia Complete the laboratory tests of CDLs to satisfy request of major U.S. investment bank studying the possibility of investing in the CCTI process
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India may be the country with the most acute need for Coal Upgrade Technology
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Chinas energy security concerns include dependence on the development of domestic coal reserves
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Contact Information
CORPORATE:
Robin Eves, Chief Executive Officer reves@cleancoaltechnologiesinc.com
INVESTOR RELATIONS:
Richard Cooper, President rcooper@cgc-us.com
Jennifer K. Zimmons, Ph.D., Managing Director jzimmons@cgc-us.com
Doug Hague, Chief Operating Officer dhague@cleancoaltechnologiesinc.com Ignacio Ponce de Leon, Technical Advisory Board ignacio@cleancoaltechnologiesinc.com
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410 Park Avenue- 4th Floor New York, NY 10022 Phone: 212-317-1400/ Fax: 212-317-1184
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