The agreement includes the terms of the cooperation between the two companies in using Alter NRG plasma gasification technology and other equipment necessary for establishing renewable energy plants, including the oxygen enrichment and syngas treatment technology of Air Chemical Products Company.
Kevin murphy, director of gasification business development department of Air Chemical Products Company, said: "We have been looking for various technologies that can meet the strategic requirements of our renewable energy technology, and we are very happy to sign a joint development agreement with Alter NRG Company. We believe that our ability is very suitable for changing the demand of NRG, and their gasification technology can also meet the demand of large-scale industrial energy production that we have fully proved. The agreement will help air chemical products companies gradually achieve their goal of providing sustainable energy by transforming renewable raw materials into capacity solutions. "
Mark Montemurro, President and CEO of Alter NRG, commented: "Making Air Chemical Products Company our strategic partner will bring us many benefits. As a Fortune 500 company, they have both financial resources and operational capacity to build commercial chemical plants. As leaders in industrial gases, equipment and engineering, they provide collaborative equipment and expertise to reduce overall operation and construction risks. The combination of Westinghouse plasma technology and the experience and operational capabilities of Air Chemical Products Company will bring many exciting opportunities for the future. "