Kerry Associates Inc. Launches Major Marketing Campaign to Introduce W2 Energy's CTL Technology to Major Coal Interests Abroad
Posted on: Thursday, 28 August 2008, 12:01 CDT
Kerry Associates is pleased to announce that it has launched a major marketing campaign for W2 Energy Inc.'s (PINKSHEETS: WTWO) CTL (Coal to Liquid) technology. W2 Energy's proprietary technology allows the energy stored in coal to be converted into other high-demand energy forms such as electricity, pipeline-quality synthetic natural gas, liquid transportation fuel and hydrogen.
Coal has been the world's fastest growing energy resource in recent years, and demand is projected to climb more than 70 percent by 2030, according to the International Energy Agency.
Eric Cousens, CEO of Kerry Associates, Inc. stated "CTL Technology presents a long-term opportunity that will be increasingly deployed on a commercial scale throughout the world. New uses for coal could more than double the demand here in the US, with production reaching 2 billion tons by 2025, according to a National Coal Council Survey. China has earmarked $15 billion for coal-to-diesel-fuel conversion and has targeted replacing 10 percent of its oil imports with coal-liquefied oil by 2013."
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass-to-energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt. Updates can also be found at: http://www.w2energy.com.
About Kerry Associates, Inc.
Kerry Associates Inc. is a private business consulting firm that provides a vast amount of business services including business plan development, business valuations, financial services, mergers and acquisitions, supply and distribution networks. For more information, please visit www.kerryassociates.com.
Source: Business Wire
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