A little more on POR.Alberta
PROCESS CAPITAL CORP ("POR-Y")
- Commissioning Of Kingston Micro-Refinery
Process Capital Corp. announces that, following initial test runs, its Kingston
micro-refinery has successfully produced a middle distillate product of diesel quality with
yields of 70-75%. As expected, the balance of the finished product stream has been
verified as No. 4 heating oil, light end condensates and a non-leachable coke. The oil
refining technology has been designed, process-tested, and engineered by Kilborn Inc.,
a member of the SNC-Lavalin Group.
The Kingston micro-refinery is currently undergoing the commissioning phase. This
phase was delayed due to ice storms and power outages in the Kingston area, but
power has since been restored and commissioning of the plant is continuing. Upon the
completion of the commissioning phase, which is expected shortly, the micro-refinery
will be fully operational and producing diesel fuel on a continuous basis.
The chairman of the company's wholly owned subsidiary Advanced
Process Fuels Inc, which is responsible for the micro-refinery, was quoted as saying
"Process Capital Corporation's process is the most modern and efficient technology for
conversion of waste oil to diesel fuel. This is an outstanding Canadian green technology'
that is arguably the best of its type in the world."
Process Capital Corporation through its subsidiary holds the rights to process
technology (patent pending) for converting waste oil to diesel fuel. These
micro-refineries can be strategically located near waste oil collection facilities.
TEL: (416) 622-6600 Jules Roy, President FAX: (416) 622-6628 Robert Grimard,
CFO
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This Report Updated by Canstock at 13:07:35 Pacific Time |
