Apr 18 2007
Headwaters Incorporated, announced today that its subsidiary has signed several agreements with H&WB Corporation in connection with a planned coal based liquid fuels refinery expected to use low rank coals from the Philippines.
Under these agreements Headwaters CTL, LLC will provide technology licenses, basic engineering design and technical services for the construction of a 60,000 BPD coal liquefaction facility in the Bataan Petrochemcial Industrial Zone. After design and construction, this integrated plant is intended to produce ultra clean liquid petrochemical feedstocks and transportation fuels such as LPG, gasoline, diesel and jet fuels. Preliminary front-end engineering study (pre-FEED), which includes pilot scale gasification and liquefaction tests of selected Philippine coals, is scheduled to start in May and will take approximately 18 months to complete. In addition, H&WB Corporation plans to evaluate coal supply logistics, conduct a market study for products, and assess options for carbon dioxide sequestration will be assessed.
It is anticipated that this hybrid CTL plant will be self sufficient for electric power and utilize an integrated design to take advantage of the two coal liquefaction approaches, direct and indirect, to produce 11,000 BPD of LPG, 27,200 BPD of gasoline and 22,900 BPD of diesel fuel from a projected coal feed of 11,700 short tons of coal per day.
“Headwaters is excited to sign its second coal liquefaction license agreement. Headwaters seeks to apply its experience to develop an efficient coal conversion facility fully utilizing the indigenous coal resources of the Philippines,” said, Ken Frailey, President of Headwaters Energy Services.
Headwaters has developed technology for processing low cost feedstocks like petroleum resid and coal. The company has proprietary catalysts for direct and indirect conversion of coal into ultra clean transportation fuels.