SEATTLE, Feb. 11, 2016 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR) announced today it has received an order for its for Duplex™ Technology from Advanced Combustion & Process Controls, Inc., or ACPC, for installation in wellhead enclosed flares at the facilities of a large Southern California oil producer.
ClearSign worked closely with ACPC, acting on behalf of the oil producer, to obtain the order. ACPC will manage the project and provide on-site installation services through an existing Master Services Agreement with the oil producer. Under the agreement, ClearSign will provide design and engineering services and the Duplex technology for the purpose of evaluating Duplex as a solution to the oil producer's NOx emissions challenges.
ClearSign expects to deliver the first unit in 2016. Assuming that testing of the initial unit is successful, payment for the unit will be made and the oil producer plans to purchase four additional units at pre-determined prices.
"This order is noteworthy in that, assuming validation of the initial unit, it could expand into a multi-unit order valued at approximately $1 million and affords ClearSign an adjacent market segment to our existing business verticals," said Stephen Pirnat, ClearSign Chairman and CEO. "Effective solutions to lower the required emissions are expanding in no small part due to actions by state and federal regulators. As ClearSign's Duplex technology becomes better known in the marketplace, we believe that those businesses subject to emissions controls will conclude that Duplex is the preferred solution for lowering NOx, a precursor of ozone."
Challenged by existing and potentially tougher new regulations to reduce emissions from flaring, the oil producer approached ClearSign seeking a way to achieve lower NOx emissions for its fleet of enclosed flares; ClearSign determined that its Duplex technology could offer a solution.
Emissions from wellhead flares are very much in the news with the Obama administration proposing new, stringent air regulations citing concerns over climate change. Additionally, the EPA's new Ambient Air Quality Standards (AAQS) have mandated a nationwide reduction of ozone emissions from 75 to 70 parts per billion effective January 1 of this year.
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs and is developing products and technologies that strive to improve key performance characteristics of combustion systems, including emissions and operational performance, energy efficiency and overall cost-effectiveness. Our patent-pending Duplex™ and Electrodynamic Combustion Control™ platform technologies enhance the performance of combustion systems in a broad range of markets, including the chemical, petrochemical, refinery, power and commercial boiler industries. For more information, please visit www.clearsign.com.
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SOURCE ClearSign Combustion Corporation