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had late day news yesterday that its going into the bio diesel industry and the chart on it looks real good for a move getting volume and attention so far this AM
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Syngas International Corp. (OTC BB: SYNI) Begins Bio Fuel Research Project Syngas International (OTC BB: SYNI) is pleased to announce that due to the rapidly increasing demand for ethanol in North America, Syngas has commenced researching the possibilities of using gases produced from its M2 and PyStR processes to make synthetic liquid Bio fuels such as ethanol and methanol. Conversion methods such as the Fischer-Tropsch and Sabatier catalytic processes will be used in this investigation.
The Fischer-Tropsch catalytically converts synthetic gases (a combination of hydrogen and carbon monoxide), such as those produced from the M2 and PyStR, to liquid fuels.
Ethanol has recently been touted as a replacement for gasoline. Brazil, one of the first countries to convert to ethanol for transportation use, is now completely free of oil imports. The USA, which currently imports 60% of its oil, is watching Brazil's progress. The most recent US energy bill, signed into law last August, calls for more than doubling ethanol use by 2012. In preparation, the big three car manufacturers have begun selling "flex-fuel" vehicles capable of being powered by ethanol-enriched gasoline.
Syngas International Corp. (SYNI), through its subsidiary, Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. We believe our superior technology will catapult our company into a GREEN POWERHOUSE. With energy prices at high levels and the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is vital. Our technology is based on clean renewable energy. We foresee our company poised to benefit from global trends.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "foresee," "revolutionary," "should," "ideal," "extremely," and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Fairchild's filings with the Securities and Exchange Commission, including, without limitation, Fairchild's recent Form 10-KSB and Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements
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EDMONTON, AB and LAS VEGAS, NV -- (MARKET WIRE) -- 05/03/06 -- Syngas International (OTC BB: SYNI) is pleased to announce that it has initiated researching the possibilities of using gases produced from its M2 and PyStR processes to make synthetic liquid bio fuels. The first two liquid bio fuels under investigation are ethanol and methanol due to the rapidly increasing demand for fuels in North America. To begin with, the focus will be on catalytic conversion processes such as the Sabatier and Fischer-Tropsch processes.
The Fischer-Tropsch catalytically converts synthetic gases such as those produced from the M2 and PyStR, to liquid fuels.
Ethanol has recently been touted as a replacement for gasoline. In the USA, ethanol enriched gasoline is in use primarily in the Midwest states is sold as E85. Adding ethanol to gasoline oxygenates it thus reducing the amount of carbon monoxide and unburned fuel in the exhaust gas reducing smog.
Brazil, one of the first countries to convert to ethanol for transportation use, is now completely free of oil imports. The USA which currently imports 60% of its oil is watching Brazil's progress. The most recent US energy bill, signed into law last August, calls for more than doubling ethanol use by 2012. In preparation, the big three car manufacturers have begun selling "flex-fuel" vehicles capable of being powered by ethanol enriched gasoline.
Syngas International Corp. (OTC BB: SYNI), through its subsidiary, Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. We believe our superior technology will catapult our company into a GREEN POWERHOUSE. With energy prices at high levels and the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is vital. Our technology is based on clean renewable energy. We foresee our company poised to benefit from global trends.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "foresee," "revolutionary," "should," "ideal," "extremely," and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Fairchild's filings with the Securities and Exchange Commission, including, without limitation, Fairchild's recent Form 10-KSB and Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
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