The
company is currently focused on developing its proprietary technology for the
conversion of underutilized hydrocarbon resources into ultra-clean fuels. MC International Research, Inc. believes that
our gas conversion technology provides a broad range of development
opportunities and overall technical advantages for producing ultra-clean,
alternative fuels from a variety of carbon-based substances.
The market for ultra clean fuels is emerging from the need for more diverse energy sources and the environmental challenges to reduce greenhouse gas emissions around the world. MC International Research, Inc. (MCIR) has developed new technology for the gas-to-products conversion processes. Our process converts a variety of feedstocks to ultra-clean fuels/chemicals at the feedstock source. The conventional gas-to-products processes consists of several steps - feedstock separation and purification, synthesis gas production, the fuels reaction process and final product refining. MCIR's new process builds on this conventional technology platform, but adds significant value and improvements to the synthesis gas production process and fuels reaction process, and removes the need for potential downstream product refining. These technology improvements will significantly lower the capital cost of building these types of units. In addition, the technology is being developed as a modular, scaleable system designed for fuels production, at the feedstock source. These sources include on-shore/offshore stranded/associated natural gas conversion at the wellhead and gas from biological waste such as sewage treatment plants, and landfills.
The market for stranded/associated natural gas conversion is very large with the world’s proven natural gas reserves being estimated at about 5,500 trillion cubic feet (tcf). Potential reserves are estimated at 13,000 tcf, and adding reserves from “unconventional” sources such as coal-bed methane and naturally-occurring gas hydrates, gives a grand total of about 700,000 tcf. Of the proven and potential conventional gas reserves, an estimated 80% are considered “stranded” - too remote from large markets to be transported by pipeline. To date, there have been only two practical ways of transporting this gas to market: pipelines for transport of the gas in gaseous form, or transport as liquefied natural gas (LNG). A third alternative, gas-to-liquids technology (GTL), chemically converts natural gas into clean burning liquid fuels that can be easily shipped to market. MC International Research, Inc.’s new technology for the gas-to-products conversion processes can allow owners of remote or associated gas reserves to have a way of economically utilizing those reserves. The ultra-clean fuels produced can be used as a stand alone product that utilizes current fuels distribution systems, or can be used as a blending agent for current fuel stocks to help meet the new lower-sulphur requirements for diesel fuel in the US, Europe and (future) Asia.