Inc. Announce Teaming Agreement14:35 06.05.13
PR Newswire
ATCO, N.J., May 6, 2013
ATCO, N.J., May 6, 2013 /PRNewswire/ -- US Fuel Corporation, (OTC: USFF), announced today that Woolpert, Inc. will be the Lead Design Consultant and Design-Build Program Manager to provide the necessary planning, design and preliminary design-build documents in coordination with the coal-to-liquid (CTL) process engineers for the US Fuel CTL plants planned for Muhlenberg County and Perry County, Kentucky.
US Fuel focus is engineering a proprietary template for constructing facilities capable of converting 300 tons of coal into approximately 525 barrels of synthetic liquid fuel a day. In addition to producing coal derived ultralow sulfur, high cetane diesel and high quality jet fuel, the US Fuel CTL facilities will capture the process generated carbon dioxide and use it to grow algae.
Established in 1911, Woolpert is a design, geospatial and infrastructure consulting firm. Woolpert provides program management, integrated design and asset management for clients in the private, federal and local markets. Woolpert is a national full service architecture and engineering company headquartered in Dayton, Ohio. With more than 650 professional and technical personnel in more than 20 offices nationwide, Woolpert is widely recognized as one of the nation's largest, leading design, geospatial, and infrastructure firms and are consistently ranked among the top 100 design firms by Engineering News-Record.
"With over 100 years of design experience, the Woolpert designed US Fuel facilities will be more than just state of the art CTL technology, they will be a functional and elegant 21st Century production facility," said Harry Bagot, US Fuel's President and CEO.
With their ability to combine services in unique ways, Woolpert extends value across an entire enterprise by innovatively applying technology to develop solutions that work better and faster—and often cost less.
The US Fuel CTL technology is being developed to minimize the environmental impact of operations; facilities are expected to be classified as minor emitters, with minimal greenhouse gas emissions. Woolpert is equally committed to environmental sustainability and will contribute important sustainability elements to the CTL facilities. Drawn from its own internal program, Woolpert helps identify key sustainability indicators, set targets for improvement and ways to achieve them across facility operations.
"US Fuel is creating the infrastructure of a new coal-to-liquids industry and Woolpert is pleased to participate in the planning, programming and design of the facilities that will be delivering alternative fuels to 21st Century America," said Mike Stanoikovich, Senior Vice President of Woolpert.
With decades of planning and design experience for clients nationwide, Woolpert has the tools to facilitate an integrated design-build process. By engaging key stakeholders early in the process, Woolpert is expected to save both time and money as these projects move forward.
About US Fuel Corporation
US Fuel Corporation (OTC:USFF) designs, builds, owns and operates scalable facilities that will convert coal into high quality liquid fuels, including ultralow sulfur diesel and jet fuel. www.usfuelcorporation.com
About Woolpert, Inc.
Established in 1911, Woolpert is a national design, geospatial and infrastructure management firm headquartered in Dayton, Ohio that integrates services and applies technologies to benefit its clients in the federal, local/state and private sector markets. http://www.woolpert.com/
Disclaimer: Forward Looking Statements
This release contains statements relating to future results which are forward-looking statements. These statements are not historical facts and are not guaranteed, but instead represent only the good faith belief of US Fuel management as of the date of this release. Future events are by their nature inherently uncertain and outside of US Fuel's control. It is possible that US Fuel's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions of securities laws in force as of the date of this release. US Fuel does do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.
Contact at US Fuel:
Paul F. Adams
Chief Operating Officer
856 753 1046
padams@usfuelcorporation.com
www.USFuelCorporation.com
Contact at Woolpert, Inc.
Michael Stanoikovich
Senior Vice President
937 461 5660
Mike.Stanoikovich@Woolpert.com
www.woolpert.com
SOURCE US Fuel Corporation
Quelle: PR Newswire |
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