Primus Green Energy to Support Gas-to-Liquids Technologies Research

March 27, 2013
Company estimates production costs for its fuels will be competitive with petroleum-based fuels when crude oil.

Primus Green Energy Inc. will provide financial support to engineers at Princeton University for general research on synthetic fuels, which will include assessments of various gas-to-liquids (GTL) technologies, the company said March 27.

The work at Princeton University will be conducted in the laboratories of Professor Christodoulos Floudas. Floudas is an expert in chemical process systems engineering, with a specific emphasis on process synthesis and design, interaction of process design and control and process operations.

Primus Green Energy estimates production costs for its fuels will be competitive with petroleum-based fuels when crude oil is trading at $65 per barrel (oil is currently trading at approximately $95 per barrel). Primus is nearing completion of its demonstration plant, which is expected to reach mechanical completion in the second quarter and expects to break ground on its first commercial plant in the first half of 2014.

Primus' STG+ technology converts syngas derived from natural gas or biomass into drop-in high-octane gasoline and jet fuel. The fuels produced from the Primus STG+ technology are low in sulfur and benzene compared to fuels produced from petroleum, according to the company. They can be used directly in vehicle engines as a component of standard fuel formulas and transported via the existing fuel delivery infrastructure.

For more information, visit www.primusge.com.

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