Synthesis Energy Systems, Aker Solutions Ink Engineering Deal

Tag : industrial engineering
Synthesis Energy Systems, Aker Solutions Ink Engineering Deal

Released : Thursday, July 10, 2008 5:56 PM
July 10, 2008 (FinancialWire) Industrial gasification firmSynthesis Energy Systems, Inc. (NASDAQ: SYMX) (Current Market Cap:US$392.23 Mil.) and Aker Solutions US Inc. have entered into anengineering agreement. Under the deal, Aker Solutions willcontribute expertise in the gasification and chemicals industriesto assist with SES' strategy to build, own and operatecoal-to-chemicals plants serving the industrial customer segmentworldwide. Houston-based Synthesis Energy Systems is an energy andtechnology company that builds, owns and operates coal gasificationplants that utilize its proprietary U-Gas fluidized bedgasification technology to convert low rank coal and coal wastesinto higher value energy products, such as transportation fuel andammonia. Norway-based Aker Solutions ASA, through its subsidiariesand affiliates is a provider of engineering and constructionservices, technology products and integrated solutions. AkerSolutions is part of Aker, a group of companies with a focus onenergy, maritime and marine resource industries. FinancialWire is afully independent, proprietary news wire service of InvestrendInformation (a division of Investrend Communications, Inc.).FinancialWire news is written by professional journalists,dedicated to pure journalistic standards. FinancialWire does notreceive or accept any compensation from any individual or subjectcompany (or representative thereof) for its news or opinions. AllFinancialWire news is available at http://www.financialwire.net .Please address any inquiries to feedback@financialwire.net . Freeannual reports for companies mentioned in the news are available athttp://investrend.ar.wilink.com/?level=279 .
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