Petrosonic Soon to Be Completed Facility Receives Upgrade
09 Ottobre 2012 - 8:52PM
Marketwired
Petrosonic Energy, Inc. (OTCQB: PSON) has announced recently that
their new facility, slated to be opened within the 4th Quarter of
this year, will be upgraded by the addition of a 120 bbl/hour heavy
crude and asphaltene emulsification plant in the Company's soon to
be completed Albania facility.
Petrosonic Energy, Inc. is building a facility to provide a
1,000 barrel of oil per day processing for the upgrading of heavy
oil. This plant will be the first commercialization of the
company's Sonic Reactor to provide energy and cost efficient heavy
oil processing. Heavy oil, such as bitumen, is thick and hard to
extract. But there billions of potential barrels of heavy oil and
producing them will help to meet rising energy demands. Shell
(NYSE: RDS-A), Cenovus Energy (NYSE: CVE) and Talisman (NYSE: TLM)
all operate in heavy crude refining.
In a report by HartEnergy titled Heavy Crude Oil: A Global
Analysis & Outlook to 2035, it states that, "Heavy oil is
plentiful around the globe and will become an increasingly
important source of new crude supplies in the future." With the
increased usage of heavy crude oil, new refining tactics will be
needed to make the refining process more cost effective.
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