VIASPACE Enters Agreement With World Leader in Speciality-Liquids Packaging
PR Newswire
Posted: 2009-05-20 08:30:00
Adds Capability for Large-Scale Filling and Distribution of Methanol Fuel and Cartridges for Fuel Cells
PASADENA, Calif., May 20 /PRNewswire-FirstCall/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company providing products and technology for renewable and alternative energy, today announced the signing of a memorandum of understanding (MOU) with England-based Hayman Ltd. (Hayman), a worldwide packager and distributor of alcohols and solvents.
Under the MOU, Hayman Speciality Products will provide methanol filling and distribution services to Direct Methanol Fuel Cell Corporation (DMFCC), VIASPACE's alternative energy subsidiary engaged in manufacturing disposable fuel cartridges for direct methanol fuel cell powered electronics such as notebook computers, mobile phones and military equipment.
Hayman Ltd. has been handling ethyl alcohol for over 100 years. For the last 50 years Hayman Speciality Products has developed a global business as a supplier of ethanol, methanol and isopropanol and other high quality solvents to the pharmaceutical, flavour, fragrance, personal care industries and research laboratories. Strong relationships with some of the largest chemical companies in the world have been developed.
A broad range of pack types is available to meet customer needs including bulk road tankers, intermediate bulk containers, drums, cans and cases of plastic containers and glass bottles. A worldwide distribution network has been established which is used to supply packaged methanol and other products globally, and this partnership with DMFCC is consistent with the strategy to seek continuously evolving opportunities in fuel cells and related industries.
VIASPACE Chief Executive Dr. Carl Kukkonen remarked: "Automated cartridge filling is a crucial element in the large-scale manufacturing and distribution infrastructure we are building for our fuel cell cartridge business. In that respect, Hayman, which has the proven capability to fill and distribute a wide variety of containers, makes an excellent partner, and we are very happy to have them on our team. Hayman can also provide bulk methanol with guaranteed quality to our cartridge partners worldwide for local filling."
DMFCC is a cartridge partner with Samsung and other companies engaged in developing fuel cells as alternative power sources for a range of consumer, military and other applications. |
