Precision
Combustion, Inc. PCI receives Excellence in Environmental Technology Award
from Connecticut FastTrack Program
NORTH HAVEN, CT -- (February 5, 2007) -- Precision
Combustion, Inc. (PCI) announced today that it has received an award for
Excellence in Environmental Technology from Connecticut’s FastTrack
program. FastTrack is a Connecticut industry/government program that
assists high-potential, technology-oriented Connecticut companies that have
strategies for capturing significant market share in large market
opportunities. Supported by the Connecticut Economic Development Commission,
Edwards, Angell, Palmer & Dodge LLP, and the Connecticut Technology
Commission, the program is part of an overall increasing Connecticut push
towards developing an in-state infrastructure network to stimulate the
development of high value jobs and encourage and support business growth.
PCI’s citation stated
that the award was “in recognition of [PCI’s] exceptional performance,
momentum, strength and results.”
PCI has developed several
technologies that offer to advance environmental objectives in the energy
sector while also promoting energy efficiency:
-
PCI’s gas turbine
catalytic combustors enable leaner yet more stable combustion than Dry
Low Emission technology, offering ultra-low NOx of less than 2 ppm NOx
while reducing combustion dynamics and avoiding cost and efficiency
penalties of post-combustion controls. PCI is working with several gas
turbine manufacturers and with the Department of Energy to bring this
technology to engine trial.
-
PCI’s downhole
catalytic combustor steam generator for heavy oil production offers
reduced energy and oil production costs together with significantly
reduced emissions (including of greenhouse gas carbon dioxide) and
increased heavy oil production.
-
PCI’s ultra-compact
Microlith®
fuel cell reformer components offer improved reforming efficiency and
other advantages for advanced fuel cell systems. The ability to
effectively reform vehicular fuels such as diesel and gasoline will help
enable vehicular fuel cells, and is a key support technology for the
emerging hydrogen economy. PCI is developing specific applications of
the technology with multiple fuel cell stack and system integrators, and
is selling natural gas reformers commercially.
-
PCI is
developing other Microlith®
ultra-compact, high efficiency catalytic reactor technologies, including
ultra-compact burners and lightweight and compact air cleaning systems.
PCI President Kevin Burns commented, “We appreciate FastTrack’s helpful
support for our development, and look forward to continuing to develop
technologies and products that meet energy and environmental needs and
support Connecticut’s growing high technology sector.”
CONTACT:
Precision Combustion, Inc.
Tony Anderson, Marketing & Business Development
Phone: 203 287-3700 ext.290, E-mail:
aanderson@precision-combustion.com
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