Clean Coal Technologies, Inc. (OTCQB: CCTC) is a US coal technology company owning the global patents for coal dehydration resulting in stable, dust free, safe to handle, low moisture coal significantly improving the impact of burning and transporting poor quality coal on the environment. Along with producing more energy than untreated coal, the refined product also produces fewer harmful emissions when burned, including carbon dioxide, sulfur and mercury.
CCTC’s Pristine M™ technology, unlocks the capacity to economically extract and preserve water and other valuable by products from coal. The result is coal that reduces the impact on the environment by burning more efficiently and is stable with no dust pollution during transport.
The technology has been proven in a test environment in Oklahoma processing 2 tons per hour. University of Wyoming has recently independently verified the technology labelling it a “first-of-a-kind and industry-leading technology”
The patented process includes a modular design that allows the plant to be scaled to commercially viable processing levels.
Work is underway to establish a new test facility in Wyoming that will incorporate efficiencies identified in the 1st test facility as well as those identified by the University. The new location will in addition allow CCTI to test international coal.
By improving coal using CCTI technologies, mine owners will be able to take advantage of the pricing arbitrage between low and higher ranked coal as well as make a significant contribution to lowering the impact on the environment of using lower ranked coal.
CCTI expect to generate revenue through the sale of patent licences and valuable by-products that can be extracted from coal providing an alternative revenue stream for coal deposits.
The Pristine-M™ process was developed to address the pressing need for an economical way to de-water coals whose moisture content are high (30% – 60%), but where the reduction of volatile matter is not needed or, if it did occur, would render the volatile matter too low for the coal to sustain combustion in a pc boiler. The Pristine-M™ process builds on the science that underpins the Pristine™ process and combines a unique concept that we refer to a Vapor Phase Deposition.
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CCTI’s legacy technology, Pristine™, is designed to remove moisture and volatile matter (VM), as per client-specified requirements. The factor determining volatile material reduction is boiler design and the need for a certain amount of volatile material to remain in the coal to ensure proper burn. The end product is a cleaner burning, dry coal. CCTI will advance the Pristine™ technology following the commercial launch of the Pristine-M technology in 2015.
Pristine-SA, is a development stage technology designed to eliminate 100% of the volatile material in feed coal. To achieve stable combustion, Pristine-SA would be co-fired with treated biomass or natural gas. The process would result in a clean fuel, eliminating the need for emissions scrubbers and the corollary production of toxic FGD sludge. Pristine-SA is a versatile product that can be used to produce numerous non-fuel products.
Mr. Robin Eves
President & Chief Executive Officer
Robin brings to Clean Coal Technologies over thirty successful years of global experience in all aspects of the energy markets. He has held senior management positions in London, Geneva and the US. Robin has conducted business in the US, Europe, Russia, the Middle East, Africa, South America and, more recently, in India and Asia. He has extensive experience in India (his birth country) and has strong industry and political contacts throughout the world. During his career, Robin has specialized in joining small teams of professionals and has successfully built them into global companies or divisions within larger organizations. He has very strong banking contacts in the US and Europe and brings the confidence of the investment community to Clean Coal Technologies and the interest from several large funds. He is an expert at extracting value throughout the energy value chain and has an extensive knowledge of global business cultures and ethics. Robin has held senior positions in companies such as Cargill and UBS where he was a Managing Director.
Mr. Aiden Neary
Chief Operating Officer and Chief Financial Officer
Aiden brings to CCTI over 15 years of professional experience through his work with several prominent global investment banks. His professional career started in London where he held senior financial positions at ING and Schroeders bank before moving to UBS in 2000. His career has taken him from London to Hong Kong, Tokyo and New York. Aiden is a former Managing Director of UBS where he held several key roles, including serving as COO of their Global Commodity business and Chief of Staff and member of the Global Equity Management team. Aiden led the Equity business efforts on restructuring and streamlining its balance sheet during the recent financial crisis. He also played a leading part in strategic acquisitions and investments for the business. Aiden brings an ability to adapt quickly to changing environmental landscapes, while maintaining a strong corporate governance and control structure, and engaging and motivating the teams he is responsible for overseeing. Aiden has a degree in Accounting and Law from Kingston University in London, and is a Chartered Management Accountant.
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