Business News

EESTECH and China’s Datong Coal, Sign Clean Coal Energy Agreement

2008-08-18 09:00:00

    LOS ANGELES, Aug. 18 /EMWNews/ -- EESTECH Inc. (OTC Bulletin Board:

EESH), and China's Datong Coal Mine Group, based in Shanxi Province, have

signed an exclusive agreement to undertake a feasibility and project

development program that will use methane and waste coal to supply power

for the mining operations.



    The program, which will be based on EESTECH's Hybrid Coalmine Gas

Technology (HCGT), uses methane and waste coal to produce clean energy.



    The advantage of this process is that it not only uses waste material,

which methane gas has a global warming potential twenty one times more

damaging to the atmosphere than carbon dioxide.



    EESTECH CEO Mr. Murray Bailey said that project schedules have been

developed and will commence with a comprehensive feasibility study on a

range of Datong Coal's gassy coalmines.



    This study is required for site selection, plant sizing, determining

methane emission volumes and project costs to support the necessary

commercial agreements prior to the deployment of HCGT systems.



    "EESTECH in collaboration with China's coal industry will demonstrate

the benefits of the HCGT system, becoming a leading reference site

supporting the commercial validation of waste to energy and the ability to

provide cost- effective clean energy," Mr. Bailey said.



    A standard 10 mega watt HCGT plant will generate clean coal energy

using ventilated coal mine methane and can produce up to 1 million carbon

credits per year in the fight against Global Warming.



    EESTECH (EESH.OB), which is publicly traded on the US Bulletin Board

and operates a technical facility in Brisbane, Australia, also obtained the

Asia-Pacific rights to the HTC Purenergy Carbon Capture technology in

December 2007.



    The HTC technology includes the world's first pre-engineered, modular,

1000 tonne per day carbon capture system known as the "CCS Purenergy

Series", which when integrated with EESTECH's Hybrid Coal Gas Turbine

(HCGT), utilises waste coal and methane to produce the energy required for

carbon capture, meaning that the cost of carbon capture is significantly

reduced.



    For further information on EESTECH or its products please visit the

company's website at http://www.eestechinc.com.



    Released for EESTECH Inc. by Dennis Rutzou Public Relations

(http://www.drpr.com.au)



    For further information please call Dennis Rutzou or Joanna Gitsham on

+612 9413 4244 or email [email protected].



    Forward Looking Statement:



    This media release includes statements that may constitute 'forward-

looking' statements. The statements can generally be identified by phrases

such as EESTech, Inc or its management 'believes' 'forecasts', 'estimates'

or other words or phrases of similar import. These statements are made

pursuant to the safe harbor provisions of the Private Securities Litigation

Reform Act of 1995.



    Similarly, such statements herein that describe the Company's business

strategy, outlook, objectives, plans, intentions or goals are

forward-looking statements.



    Forward-looking statements inherently involve risks and uncertainties

that could cause actual results to differ materially from forward-looking

statements.



    Factors which could cause or contribute to such differences include,

but are not limited to our ability to recruit and retain key personnel, the

availability of funding for future operating requirements, our ability to

protect our intellectual property, our ability to secure contracts for the

installation of our products and our ability to develop and operate such

projects successfully.



    We urge you to carefully consider these factors and the information

detailing other factors (which may cause actual results to differ

materially) included in EESTech, Inc.'s forms 10Q and 10K filed with the

SEC. The forward-looking statements are based on current expectations and

neither the Company nor its management assumes any obligation to update

these statements.





Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Jerry Cruz

Tops SEO Expert, Social Media Influencer and Editor. Having published and edited more than 4700+ Articles in the last 6 years definately a PRO!

Related Articles

Back to top button