Synthesis Energy Systems, Inc. Announces Yima Joint Venture Plant Achieves Formal Safety Production Permit
SYNTHESIS ENERGY SYSTEMS (SYMX)
US:NASDAQ Investor Relations:
ir.synthesisenergy.com
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 21, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in the clean and efficient production of low-cost synthesis gas for high value energy and chemical products, announced that its Yima Joint Venture plant has completed the required safety testing and has successfully received its safety production permit from the Henan government. The project, located in China’s Henan Province, is a joint venture between SES and state-owned Yima Coal Industry Group Co. Ltd, a large integrated coal company. The JV is owned 75% Yima Coal and 25% SES. The coal-to-methanol facility has three SES Gasification Technology (SGT) systems producing syngas for methanol production with a total methanol production capacity of 330,000 metric tons per year. “This is another example of the recent improved operations at the Yima JV, resulting in longer periods of production at design capacity,” said DeLome Fair, SES’s President and CEO. “This is the best ye
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