Alternative Petroleum Technologies Enters Agreement with Port of Los AngelesBy Alternative Petroleum Technologies S.a., PRNE
Saturday, March 20, 2010
LUXEMBOURG, March 21, 2010 - Alternative Petroleum Technologies (APT) announced today that it has
completed contractual arrangements and will begin a diesel emissions control
technology demonstration at the Port of Los Angeles. The demonstration will
take place as part of the Technology Advancement Program, a joint initiative
of the San Pedro Bay Ports Clean Air Action Plan with the Port of Long Beach.
APT will demonstrate the efficacy in Port cargo handling equipment of an
emulsified biodiesel blend (a blend of water, B-20 biodiesel and a
proprietary additive system) that mitigates the increase in NOx emissions
generally associated with the use of biodiesel fuel.
Although biodiesel is an important element of developing low carbon fuel
standards for the reduction of Greenhouse Gas, biodiesel conflicts with
efforts to reduce NOx emissions in order to comply with established air
quality mandates. It has been documented that biodiesel increases NOx
emissions compared to traditional diesel fuel anywhere from 2% to 10%.
APT has developed technology for an emulsified biodiesel blend that
augments biodiesel's particulate matter and CO2 reductions with a reduction
in NOx emissions. "Our technology is designed to mitigate the biodiesel NOx
increase while improving the overall emissions profile of biodiesel,"
according to Patrick Grimes, President of APT. He further stated, "The APT
Technology has been commercialized in Europe at a major port in over 200
pieces of port equipment and vehicles for more than a year."
About Alternative Petroleum Technologies (www.altpetrol.com)
Alternative Petroleum Technologies S.A. is the holding company for a
group of environmental technology companies dedicated to all aspects of
cost-effective solutions to environmental problems. We offer technologies and
expertise to help operators of compression-ignition engines and industrial
boilers meet increasingly stringent emissions requirements. We are developing
new ways to help international power plant operators meet the constantly
growing demand for electricity with heavier oil products that are made
cleaner and more economical. And we are meeting the challenge of providing
even cleaner biodiesel fuels with new generations of emulsified fuels.
For more information please contact APT at email@example.com.
This publication serves information purposes only and constitutes neither
an offer to sell nor a solicitation to buy securities of Alternative
Petroleum Technologies S.A. in any jurisdiction.
This publication also does not constitute an offer of securities for sale
into the United States. Securities may not be offered or sold in the United
States absent registration or any exemption from registration under the US
Securities Act of 1933, as amended (the "Securities Act"). The securities of
Alternative Petroleum Technologies S.A. described herein have not been and
will not be registered under the US Securities Act and are not being and will
not be offered or sold in the United States of America.
This publication is directed only at (I) persons who are outside the
United Kingdom or (II) investment professionals falling within article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the "Order") or (III) high net worth companies and other
persons to whom it may lawfully be committed falling within article 49(2)(a)
to (d) ("high net worth companies, unincorporated associations etc.") of the
Order (all such persons together being referred to as "Relevant Persons").
Any person who is not a Relevant Person must not act or rely on this
communication or any of its contents.
This publication may contain forward-looking statements. These
forward-looking statements concern the operations, prospects, plans, economic
performance and financial condition of Alternative Petroleum Technologies
S.A. Forward-looking statements are based on current estimates and
assumptions made by Alternative Petroleum Technologies S.A. to the best of
its present knowledge. Such forward-looking statements are based on
assumptions and are subject to risks, uncertainties and other factors that
could cause the actual financial condition and results of Alternative
Petroleum Technologies S.A. to differ materially from and fail to meet the
expectations expressed or implied by such forward-looking statements.
APT, info at altpetrol.com
Tags: Alternative Petroleum Technologies S.A., Luxembourg, March 21, Western Europe