DKRW and SNC-Lavalin companies form alliance to design and construct coal-to-liquid fuels projects; commence early design of first project
prnewswire.com
HOUSTON, TX, Aug. 14 /PRNewswire-FirstCall/ - DKRW Advanced Fuels LLC
(DKRW), headquartered in Houston, Texas and SNC-Lavalin GDS Inc., of
Houston and SNC-Lavalin Constructors Inc. of Bothell, WA, wholly owned
subsidiaries of SNC-Lavalin , announced today that they have formed an
alliance to develop, design and construct a number of coal-to-liquids fuel
projects that are valued in excess of a billion dollars.
Robert Kelly, Executive Officer of DKRW and Medicine Bow Fuel & Power
LLC (MBF&P) stated, "We selected SNC-Lavalin because of its process
engineering expertise in gasification and syngas conversion to fuels, its
experience in thermal power plants and for its extensive experience with
oil sands in northern Alberta from which we expect to learn a great deal
about designing and building a facility of this size in a rather remote
region of Wyoming. This selection now enables us to move forward with the
design and permitting of the facility. We anticipate there will be
significant knowledge gained from Medicine Bow that can be profitably
applied to subsequent coal-to-liquid fuels projects."
MBF&P, a wholly owned subsidiary of DKRW Advanced Fuels LLC (DKRW), has
awarded SNC-Lavalin GDS Inc. and SNC-Lavalin Constructors a contract to
execute the feasibility study and to be its engineer and EPC contractor for
the future FEED and turnkey portions of the Medicine Bow, Wyoming
coal-to-liquids facility project commencing in the 4th Quarter 2006.
"We are pleased that DKRW and MBF&P have selected us for this important
project, and look forward to a longer term relationship with DKRW," said
Jim Walters, President of Houston-based SNC-Lavalin GDS. "This is a natural
match for SNC-Lavalin's corporate strategic position in coal-to-liquids,
oil sand processing and gasification. We can offer our clients our strong
process engineering core resource in gasification, gas clean-up, synthesis
gas production of fuels and product finishing, as well as strong project
management and controls. In addition, we can count on our close working
relationship with our Thermal Power division, which will allow us to
provide the resources and project needs of the Medicine Bow project through
its various phases."
"We are excited to be working with DKRW in conjunction with GDS on this
project," said John Gillis, Senior Vice-President and General Manager of
Bothell, Washington-based SNC-Lavalin Constructors Inc. "The technology and
process for this coal-to-liquids project is another way to reduce our
dependency on foreign oil for production of power generation and
transportation fuel, while reducing greenhouse gas emissions."
In previous announcements, MBF&P announced it has selected GE (NYSE:GE)
to provide its coal gasification technology and Rentech, Inc. (AMEX:RTK) to
provide their proprietary Fischer-Tropsch technology for the project that
will initially make about 11,000 bbl/day of transport diesel and other
fuels using high Btu, low sulfur coal of the Carbon Basin Coal Reserve from
a mine being developed and operated by Arch Coal (NYSE:ACI). Diesel and
other transport fuels will be sold to regional customers and the power,
carbon dioxide and other products will be sold from the Project.
About DKRW Advanced Fuels LLC
DKRW Advanced Fuels LLC, a wholly owned subsidiary of DKRW Energy LLC,
is engaged in developing, managing, and owning projects that utilize coal
gasification technology, utilizing coal-to-liquids, methanation and
integrated coal gasification combined cycle (IGCC) technologies. The
Medicine Bow Project employs coal gasification, coal-to-liquids and IGCC
technologies.
About SNC-Lavalin
SNC-Lavalin (TSX: SNC) is one of the leading groups of engineering and
construction companies in the world, a global leader in the ownership of
infrastructure, and in operations and maintenance services. The SNC-Lavalin
companies have offices across Canada and in 30 other countries around the
world and are currently working in some 100 countries. snclavalin.com
SOURCE SNC-LAVALIN |
