Quotes with Resistance & Support
Market Information

World conference on conversion of coal into petro product

This article was posted on Jan 15, 2008 and is filed under Press Releases

World CTL 2008, the first world conference on the liquefaction of coal, will take place in Paris on 3 and 4 April 2008. Organised under the auspices of the World Energy Council, the World Coal Institute and the IFP (French Petroleum Institute), it will bring together the major players in CTL (Coal-To-Liquids). Experts from industries using petroleum products, such as the petrochemical and the automotive and aviation industries, as well as the suppliers of CTL like the engineering industries, financial bodies and catalyst suppliers will contribute their expertise during a programme rich in speeches about the current and future major challenges of this energy source.

There will be an active participation from India as Mr Prem Sawhney, Senior Vice President, Reliance Industries will present a country case and various ongoing projects in India at the world Forum.

The liquefaction of coal (“Coal-To-Liquids” or “CTL”) has reappeared today at the heart of strategic thinking about energy supplies. 30% of the fuels consumed in South Africa are produced from coal. The US air force has just finished flight tests on a B-52 using similarly-produced fuel and will have tested its entire fleet before the end of 2011. The “China University of Petroleum” has just launched a “CTL” option, while China’s leading coal producer, China Shenhua, will start up its first CTL unit in 2008 with a capacity of 20,000 bbl/day.

The World CTL 2008 conference will be the prime place for exchanges about CTL’s strategic, environmental, technological and economic challenges. In strategic terms, CTL contributes towards reducing the energy dependence of many countries with large coal reserves and little oil. It will enable mining companies to become more profitable and petroleum companies to diversify their supplies. A debate between senior managers of mining and petroleum groups will put the strategies of these two major industries into perspective.

In environmental terms, coal is a substance which, because of its chemical nature, can emit a high level of carbon dioxide. This question, which is a major preoccupation of players in the CTL field, will be discussed, quantified and presented relatively in relation to other energy sources. Researchers and industrialists will present pilot or already industrialised solutions. They will show the environmental advantages of CTL-produced fuels, known as “synthetic fuels”, in relation to conventional fuels.

In technical terms, the technical, economic and environmental performances of the processes will be presented by the leading businesses in each of the two technical routes, “indirect” and “direct”.

The economic issues specific to CTL are important. Profitability will be affected by several uncertainties: variations in coal and oil prices, the uncertain duration of fiscal policies, incentives for not, the cost of environment-related measures, the reduced guarantees that licensers and engineering companies will be able to give, as industrial experience today is limited to a single company.

Beyond CTL, the World CTL 2008 conference will also be an opportunity to present the production of chemical products from coal (“Coal-To-Chemicals”) and the use of biomass as a raw material (“Biomass-To-Liquids”).

Finally, the 2008 CTL Award will be presented to an eminent specialist, who by his/her outstanding achievements has contributed substantially to the understanding and development of CTL. On the same site and parallel to the conference, an exhibition will be held where companies will be able to receive their current and potential customers.

Sourced from: French Technology Press Office

Tags: , , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments