Texas Clean Energy Project to Sell Sulfuric Acid to Shrieve Chemical
DALLAS, Texas, October 27, 2011 – Summit Power Group’s Texas Clean Energy Project (TCEP) will enter into a long-term, exclusive contract with The Woodlands-based Shrieve Chemical Company to market 100% of the sulfuric acid produced at the power/polygen project, located near Odessa.
TCEP is able to manufacture sulfuric acid as a commercial product because TCEP, a gasification project, does not burn coal but instead uses coal as a feedstock in a chemical process. That process allows the sulfur to be captured and converted into a valuable commodity instead of being burned and released into the atmosphere as sulfur dioxide.
The sulfuric acid agreement is the fourth of its kind for TCEP, which has previously announced a commitment for the sale of all of TCEP’s electricity, and signed contracts for all of TCEP’s urea fertilizer and for TCEP’s compressed carbon dioxide, which will be used in enhanced oil recovery in the West Texas Permian Basin.
TCEP, when completed in 2015, will be a first-of-a-kind integrated gasification combined cycle (IGCC) 400 MW plant that will capture 90 percent of the carbon dioxide, 99 percent of the sulfur, more than 95 percent of the mercury, and eliminate more than 90 percent of the nitrogen oxides produced by the process – making it overall the cleanest coal-fueled power project ever permitted in Texas.
TCEP was awarded $450 million by the U.S. Department of Energy in 2010. The award comprised funds from both the Clean Coal Power Initiative (CCPI) and the America Recovery and Reinvestment Act (ARRA). The project will create more than 1,500 construction jobs, more than 150 high-paying full-time plant jobs when operational, and approximately 8,000 ancillary jobs with vendors in manufacturing, distribution, transportation and professional services.
“We are pleased to have entered into another long-term sales agreement for one of TCEP’s commercial products, bringing us a step closer to financial closing with equity investors and lenders and groundbreaking after the first of the year,” said Eric Redman, President of Summit Power Group.
Shrieve will market the sulfuric acid to mining, manufacturing and fertilizer customers. Linde Process Plants, Inc., an affiliate of TCEP’s major contractor, selected MECS SULFOX® to build the sulfuric acid
plant, which will convert a hydrogen sulfide (H2S) stream from a Rectisol® gas cleanup unit downstream of TCEP’s gasifiers into approximately 50,000 tons per year of merchant-quality sulfuric acid. Production is scheduled to be online in early to mid-2015 when TCEP goes operational.
Summit is a 20-year-old company based in Seattle, WA, that has developed more than 7,000 megawatts and billions of dollars worth of U.S. power projects, primarily natural gas-fired and wind energy, with solar power recently added through a photovoltaic (PV) solar joint venture called NorthLight with Norway-based Renewable Energy Corporation (REC). TCEP is Summit’s first project using coal as a feedstock, in this case for a coal gasification process that does not burn coal but instead converts the coal by chemical processes into clean-burning industrial gases and a pure stream of CO2 that is captured and sequestered.
Shrieve Chemical Company was founded in 1978 in The Woodlands, Texas, and has grown as an international supplier of organic and inorganic industrial commodity chemicals. Shrieve has become one of the leading suppliers of sulfur and sulfuric acid within North America. As marketers of industrial chemicals, synthetic fluids, proprietary refrigeration oils and additives, Shrieve continues to predicate its business philosophy on solution oriented relationships, exceptional service, and innovative marketing.
For more information about the Texas Clean Energy Project (www.texascleanenergyproject.com) or Summit Power Group, please contact Laura Miller, Summit Power’s Director of Projects, Texas, at 214-763-0600, or email firstname.lastname@example.org.
For more information about Shrieve Chemical Company (www.shrieve.com), please contact Avis Fuller, Executive Assistant, at 281-367-4226 or email email@example.com.
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