News and Information
| 2008 10/27/2008 Diesel Fuel News - "Ultra-Deep UCG Seen Reversing Down-Trend in US Coal" 09/25/2008 TEXYN Awarded “Most Promising Energy & Clean Technology Company” at Rice Alliance Energy & Clean Technology Venture Forum HOUSTON – September 25, 2008 – TEXYN was named one of the top ten most promising Energy & Clean Technology companies at the 6th Annual Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum in Houston last week. Energy & Clean Technology companies showcased their new ventures for an audience of more than 600 attendees, including investors, venture capitalists, industry representatives, business leaders, advisors/mentors, service providers, and entrepreneurs. The one-day event culminated in an announcement of the Most Promising Energy & Clean Companies chosen from nearly 60 competitors and judged by the Rice Alliance Technology Advisory Board, based on the companies’ presentations. Rice Alliance Managing Director Brad Burke, announced the winners of the Most Promising Energy & Clean Technology Company awards at the event. “Every year the quality of companies improves. Many of the companies at this year’s event have developed prototypes, obtained proven results and are on their second round of funding. This makes them more appealing to investors, who have also expressed appreciation for the quality of the companies.” 05/26/2008 TEXYN's First Prototype Operates Successfully TEXYN's first prototype of an in situ hardware gasifier operated for the first time on May 26, 2008. The test took place in an above-ground simulator, using coal sourced from the Powder River Basin. Combustible synthesis gas was created within one minute of starting the device. Likewise, the syngas production tapered off to a non-combustible state within a minute of shutting down the device.Unlike traditional UCG methods, no air or oxygen "blast" was used. The TEXYN hardware device requires only water and power. This test paves the way for continuing the commercialization program to make clean hydrogen at a cost less than traditionally mined coal. TEXYN's process will capture ALL emissions, not just "90%", including CO2. 04/07/2008 TEXYN signs on as a client to the Houston Technology Center. HTC's Vision is to be a driving force in leading in leading the Greater Houston Region to be recognized globally as one of the top centers of technology innovation and commercialization.
|
|
