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Pin to quick picksPorvair Regulatory News (PRV)

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830.00    14.00 (1.72%)
Bid:
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Spread: 4.00 (0.485%)
Market Cap: £382.60m
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Re Agreement

29 Jan 2008 07:05

Porvair PLC29 January 2008 For immediate release 29 January 2008 Porvair plc ("Porvair") Porvair announces gasification collaboration Porvair today announces that it has signed an agreement to participate in a $2.5million project for the gasification of lignite coals to produce liquid fuels,hydrogen, and power, as well as carbon dioxide for enhanced oil recovery. The project, lead by the Energy & Environmental Research Center at University ofNorth Dakota, is being co-sponsored by the U.S. Department of Energy (DOE).Porvair is one of a number of industrial consortium partners involved in theproject, which includes U.S. utilities and coal companies. One of the key objectives of the program is to develop a high temperature gasclean up of particulate, sulphur, mercury and trace elements and it is primarilyin this area that Porvair will concentrate. Ben Stocks, CEO of Porvair plc said: "We are delighted to have signed this collaboration agreement. This project willfurther Porvair's experience and market leading position in the hot gas clean-upmarket. Gasification clean-up is one of our key growth opportunities and is animportant technology to enable the world's plentiful coal resources to be usedin a clean and efficient way." Contact: Porvair plcBen Stocks, Chief Executive 01553 765 500Chris Tyler, Group Finance Director 01553 765 500 Buchanan Communications 0207 466 5000Charles Ryland / Ben Willey / Susanna Gale Notes to editors Porvair is a group of specialist filtration and environmental technologybusinesses. Its products are used in a range of niche filtration markets, andare derived from its expertise in the development and manufacture of porous andmicroporous ceramics, metals, plastics and carbons. This information is provided by RNS The company news service from the London Stock Exchange
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