Synthesis Energy Systems, Inc. (NASDAQ:SYMX) announced that they are moving closer to full-scale operations at the Yima Joint Venture project in Henan Province, China.
As quoted in the press release:
The latest accomplishments include operating a SES gasification system for an extended run, operating a second SES gasification system for the first time, and operating the two gasification systems simultaneously. Additionally, during 23 days of operation, the SES gasification system was operated at higher pressures, achieving 80 percent of design pressure and with the production of syngas increased to 60 percent of design capacity. During this operating period, raw methanol product was generated at the plant. The Yima JV continues to complete all of the remaining required commissioning steps and increasing the production of methanol as planned for the plant to become fully operational.
Synthesis Energy’s President and CEO, Robert Ringdon, said:
The Yima JV plant is progressing as expected. We are pleased to see the plant operating at higher pressures and throughput, and to see the first simultaneous operation of two of the three gasification systems, since our JV project is designed to produce 300,000 tonnes per year of methanol from two operating gasifiers. This project is an important validation of our technology design and scale-up capability.