FWLD LIST stock news:
Bechtel Corp. Features SulphCo's Technology At National Petrochemical
Refiners Association Annual Meeting
RENO, Nev., March 15 /PRNewswire/ -- FilmWorld Inc.'s (OTC Bulletin Board: FWLD - news) wholly owned subsidiary SulphCo. announced today that Bechtel
and SulphCo will have a podium presentation at the National Petrochemical Refiners (NPC) annual meeting in New Orleans, March 20th. Such presentation will be
the first national meeting to role out proprietary SulphCo's technology that removes organic sulfur from gasoline and light gas oil, diesel and crude oil as mandated by
the Environmental Protection Agency and federal legislation. The technology was first developed by Dr. David Yen at the University of Southern California and
commercialized at SulphCo with the help of Sinclair Oil and Bechtel.
Dr. Mark Cullen, SulphCo.'s President, stated that, ``The NPC forum gives our company an opportunity to demonstrate to the industry SulphCo. technology that
cost effectively removes sulfur from gasoline, light gas oil and diesel fuels down to EPA mandated 15 ppm. It is a unique marketing opportunity to have the majority
of refiners in the United States together in one place discussing new technologies in the refining industry and options to comply with restrictive new sulfur
requirements. SulphCo's commercial plans being developed with Bechtel and Sinclair will make environmental friendly, cost effective fuels available in the United
States and World Wide as early as summer 2001.''
SulphCo is a wholly owned subsidiary of FilmWorld, Inc. SulphCo's principal product is a self-contained skid mounted petroleum desulfurization unit that removes
sulfur from crude oils, lighter distillates and fuel oils. SulphCo is marketing its products and technology domestically and internationally to petroleum refiners, crude oil
products, fuel distributors and other strategic partners. The corporate name will be changed at the next annual meeting of stockholders to reflect accurately the
corporation's business. The company is based in Reno, Nevada and is traded on the NASDAQ B.B. under the symbol (FWLD)
From time to time the company may issue forward-looking statements which involve risks and uncertainties. This statement may contain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results
could differ and any forward-looking statements should be considered accordingly.
For more information contact: Public Relations, Eleanor Muth, 1-866-590-1311. Web Site: sulphco.com
SOURCE: SulphCo |
