Note: This post contains publicly available information and is NOT a solicitation for investment.
Ultraclean Technology, an Australian company, has developed technology for cleaning fuels using phase-transfer catalysis. Ultraclean is one step closer to commercialization with the signature of a memorandum of understanding with a North American company for a 15,000 barrel per day processing plant using the patented Ultrex® process. More information at https://www.ultracleantechnology.com.au/technology.
The Ultrex® process significantly reduces sulfur across a wide range of hydrocarbons – including diesel, marine fuels, lubricating oils and gas oils – core transportation fuels required to keep the global economy moving. The process outperforms existing desulfurization technologies, combining competitive capital and operating costs with a 50% lower carbon footprint; optimally managing the transition to a zero carbon world. Ultraclean and PTC Organics Inc. co-developed the Phase Transfer Catalyst that is crucial to this unique process, achieving an extremely high efficiency for the Oxidative Desulfurization (ODS) process – converting sulfur-containing hydrocarbons to benign sulfones, which are readily extracted to produce high quality fuels. Due to the simplicity of Ultraclean’s patented technology, it can be rolled out to refineries, terminals or tank farms; broadly exploiting market opportunities and maximizing commercial returns to clients.
The International Maritime Organization (IMO) required a step change of 85% reduction of sulfur content in diesel fuel used in container ships by January 1, 2020. Ultraclean’s Ultrex ® process uses phase-transfer catalysis to meet that requirement. About 90% of world trade is transported by sea and shipping is seen as one of the most challenging sectors to bring into environmental compliance.
Current transportation fuels will continue to be used for decades and the Ultrex ® is ready NOW to improve environmental performance and meet regulatory requirements. We all hope to see in our children’s lifetimes economically feasible and safe hydrogen engines or ammonia engines for transportation. However, until the hydrogen/ammonia engine technology is developed as economically feasible and the world’s transportation engines and energy storage tanks retrofitted, the world needs clean fuels NOW.
A 1,000 barrel per day pilot plant operated in New Mexico and proved this concept on scale. A short video showing the plant in operation can be viewed at https://www.youtube.com/watch?v=pVRA0uogvwk.
Disclosure: Marc Halpern is one of many accredited investors who invested personal capital in Ultraclean Technology. Marc is also one of the inventors on Ultraclean’s patents, performed as work-for-hire. Marc describes his capital investment in Ultraclean starting at the 14:50 mark in the video shown at https://www.youtube.com/watch?v=GZz-77Cs-cs.
Ultraclean Technology is an Australian unlisted public company. No action has been taken to register or qualify the Securities, or the Offers, or otherwise to permit the offering of the Securities, in any jurisdiction outside of Australia. Specifically in the case of the United States, investors need to be advised that the Shares offered will only be made available in the United States to qualified institutional buyers (as defined in Rule 144A under the US Securities Act) or accredited investors (as defined in Rule 501(a) under the US Securities Act) in transactions that are exempt from the registration requirements of the US Securities Act.
If you are an accredited investor and want more information on Ultraclean Technology, please contact Ultraclean directly using the form at https://www.ultracleantechnology.com.au/contact.
Please note that this is NOT a solicitation of investment. This is an informational notice for those who want more information about Ultraclean Technology.
