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![]() SPARKS, Nev., May 22 /PRNewswire-FirstCall/ -- SulphCo, Inc. SUF announced today that it has been informed by German manufacturing company NTG that the initial shipment of Sonocracking (TM) equipment for Fujairah Oil Technology, LLC, SulphCo's joint venture with the Government of Fujairah, is scheduled to commence on May 31st for arrival in Dubai by the middle of June. The announcement from NTG, the company responsible for building the equipment, is an important step toward implementing SulphCo, Inc.'s patented Sonocracking(TM) technology in the joint venture's facility in Fujairah, United Arab Emirates. The facility, expected to have an initial processing capacity of 210,000 barrels per day, will utilize SulphCo's patented and proprietary technology to upgrade sour heavy crude oils into sweeter, lighter crudes, producing more gallons of usable oil per barrel. "SulphCo is pleased that the equipment shipping schedule put forth by NTG is commencing in a timely manner and in conjunction with the on-going site construction in Fujairah," remarked Dr. Rudolf W. Gunnerman, Chairman and CEO of SulphCo. Construction activities for the building and infrastructure which will house the Sonocracking units are underway, and these facilities are expected to be completed in time for delivery of the initial Sonocracking units. SulphCo has targeted August 2006 as the start date of the 210,000 barrel/day capacity facility, following completion of testing of the Sonocracker(TM) units and installation of all required supporting infrastructure. Planning is also underway to install an additional 200,000 to 300,000 barrels of processing capacity in Fujairah by the first quarter of 2007 following successful implementation of the initial 210,000 barrel per day operation, with an additional 200,000 to 300,000 of processing capacity by the end of 2007. |
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