GE Signs Its 32nd Gasification Technology Licensing Agreement in China
ATLANTA, GA.-February 19, 2009-GE Energy's gasification technology has been selected for a coal-to-chemical production facility in Tongzi County, Guizhou Province, People's Republic of China, marking GE's 32nd gasification licensing agreement in the country. Guizhou Jinchi Chemical Company, Ltd., will use GE's gasification technology to produce syngas, which in turn will be used to produce chemicals at the Tongzi project site.
"Companies across China are looking for cost effective ways to manufacture products from available local resources," said John Lavelle, general manager of GE Energy's gasification business. "We're pleased that Guizhou Jinchi has selected GE's proven gasification technology to produce chemicals from local coal."
Of the 32 projects in China that have been licensed for GE gasification technology since the mid-1970s, 23 are in commercial operation today. More than 90% of the gasification equipment for these projects is fabricated locally in China.
About GE Energy
GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2007 revenue of $22 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.
For more information, contact:
Cynthia Coleman
GE Energy
+1 816 313 4307
Cynthia.coleman@ge.com
Ken Darling or Howard Masto
Masto Public Relations
+1 518 786 6488
kenneth.darling@ge.com
howard.masto@ge.com
