21st May 2009 10:16
21 May 2009
Pursuit Dynamics plc
("Pursuit Dynamics" or "the Company")
IBEC Update
Pursuit Dynamics plc (AIM: PDX), the developer and exploiter of the PDX platform technology, today provides an update on the trial installation of a PDX Ethanol Reactor Tower (ERT) with Iroquois Bio-Energy Company LLC (IBEC) of Rensselaer, Indiana.
The trial ERT operating at IBEC has been temporarily suspended due to the lack of adequate steam pressure and cooling inputs from the IBEC plant, as required by the ERT to operate inside its design parameters. Despite this, the ERT achieved the same ethanol yield performance as the long-term plant average. In order to achieve the optimum yield uplift from the ERT the Company is discussing the feasibility and timing of installing additional mobile steam and cooling units. Nevertheless, it is unlikely that the results of the testing will be available by the end of the month as previously envisaged. An update will be provided following further material developments.
-Ends-
For Further Information, please contact:
|
Pursuit Dynamics |
|
|
John Heathcote, Chief Executive |
Tel: +44 (0)1480 422050 |
|
Donald Bell, Chief Financial Officer |
|
|
Financial Dynamics |
|
|
Ben Foster / Marc Cohen |
Tel: +44 (0) 20 7831 3113 |
|
Cenkos Securities plc |
|
|
Ian Soanes / Max Hartley |
Tel: +44 (0)20 7397 8924 |
Notes to Editors
- Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Bioethanol production, Food & Drink, Brewing, Fire Suppression and Decontamination.
- Pursuit Dynamics is headquartered in Huntingdon, UK and has offices in Norwalk, Connecticut, and Fallbrook, California, USA.
- Further information is available at the Company's website: www.pursuitdynamics.com
Related Shares:
Gaming Realms