RENO, Nev., Oct. 5, 2018 /PRNewswire/ -- Alternative Petroleum Technologies, Inc. (APT) announced today that it was named by S&P Global Platts as a finalist for the Emerging Technology of the Year Category. The winners will be announced at the Global Energy Awards held by S&P Global Platts on December 6th, 2018, in New York.
APT's unique, patented, cost-saving Sulfex™ desulfurization process for distillate fuels was named as a finalist in the Emerging Technology of the Year Category. The Sulfex™ process uses liquids, in a low pressure and low-temperature environment to achieve distillate fuel sulfur levels less than 15 ppm and produces a finished fuel ready for use. APT's Sulfex™ process is operationally much simpler than the HDS system currently used at refiners to desulfurize distillate fuels, making it considerably less expensive and much safer to use. The process has been independently validated by the U.S. Department of Energy's Argonne National Labs (www.anl.gov) and the initial mass balance of the plant has also been reviewed and confirmed by global engineering firm Fluor.
Jack Waldron, APT Vice President and Chief Engineer, commented that "Our new Sulfex™ desulfurization process is a game changer for the petroleum industry in that Sulfex™ is a simpler, safer and more economical alternative to the traditional process of Hydro-Desulfurization, which requires high temperatures, high pressures and a significant amount of ancillary equipment. We are honored that S&P Platts has recognized the significant benefits that Sulfex™ will bring to clients in their continuing efforts in meeting stringent global environmental regulation standards."
About Alternative Petroleum Technologies, Inc.
Alternative Petroleum Technologies (APT) is an environmental technology company dedicated to comprehensive cost-effective solutions to environmental problems centering on the processing and usage of hydrocarbons. With more than 100 worldwide patents and patent applications, APT is the worldwide master licensee of the world's most extensive emulsified fuel technology platform.
Using its protected technologies, APT has developed products that provide economical ways to address the increasingly stringent environmental and emission regulations globally to:
- Remove as much as 99.9% reductions of all sulfur compounds found in existing high sulfur fuels and middle distillates sourced from various refineries;
- Enhance combustion efficiency of fuel oil for industrial furnaces and boilers;
- Substitute water for expensive light distillates (i.e. diesel) in producing heavy fuel oil (HFO);
- Reduce Nitrogen Oxide (NOx) emissions, the key hurdle to global adoption of biofuel and biodiesel-based products; and
- Remove sulfur from petroleum in ways that are both more economical as well as more environmentally friendly than methods in current use.
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SOURCE Alternative Petroleum Technologies