Synthesis Energy Systems, Inc. and Midrex Technologies, Inc. to Expand the Technical and Commercial Definition of MXCOL-SES DRI in the Indian Market
January 08, 2018 at 08:00 am EST
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Synthesis Energy Systems, Inc. and Midrex Technologies, Inc. announced that the partners are proceeding with work to expand the technical and commercial definition of MXCOL®-SES DRI for possible commercial opportunities in the Indian market. Midrex has engaged SES to complete a package of engineering deliverables that are focused on advancing the technical and commercial definition necessary to make proposals to build the MXCOL®-SES DRI plants in India. This exercise is scheduled to be completed in the first quarter of 2018. The fully integrated and optimized DRI solution combines the MIDREX® Process using the MXCOL® configuration with the premier SES Gasification Technology (SGT) to produce clean syngas from local, low-quality Indian coal. The syngas is integrated into MIDREX® technology to convert iron ore into high-purity DRI, and commercialized as the MXCOL®-SES DRI process. The integration of these two technologies is of strategic importance because it offers an economical alternative to natural gas and LNG-based DRI through utilization of coal, and especially low-quality coals, to produce DRI steel products. The new study’s specific project would use Indian coal with 39% ash and 5% moisture.
Synthesis Energy Systems, Inc. together with its subsidiaries is a global clean energy company. The Company owns SES Gasification Technology (SGT), which is used for production of synthesis gas. The SGT produces syngas that provide alternative to other forms of energy such as natural gas, liquefied natural gas (LNG), crude oil and the conventional utilization of coal in boilers for power generation. It manufactures clean syngas from a range of natural and renewable resources, such as all forms of coal, biomass, municipal solid waste (MSW), and refuse derived fuels. The Syngas is used to produce a range of clean energy and chemical products such as synthetic natural gas, power, methanol, and fertilizer. The Company is focused on commercializing SGT both in China and globally through the regional business platforms.