Sept. 30, 2013
/PRNewswire/ -- Robert Rigdon, president and CEO, Synthesis Energy Systems, Inc. (NASDAQ: SYMX) ("SES"), will be giving an update on SES' projects and operations at the upcoming Gasification Technologies Conference 2013 (
The Gasification Technologies Conference, which will be held on
at The Broadmoor in
Colorado Springs, Colo.
, is the largest gasification industry event in the world. It is produced by the Gasification Technologies Council (GTC) whose mission is to promote a better understanding of the role gasification can play in providing the power, chemical and refining industries with economically competitive and environmentally conscious technology options to produce electricity, fuels and chemicals. The conference attracts speakers and participants from across the globe.
The panel Mr. Rigdon will be speaking on will take place at
9:00am on Monday morning
, immediately following the keynote address. The panel session, called "Global Gasification Projects & Technology Updates," will be chaired by GTC's Board Chairman
Michael R. DeLallo
of CH2M Hill, and will feature presentations from the other leading global gasification technology providers.
A well-known and respected executive in the gasification industry, Mr. Rigdon enjoys more than 30 years of hands-on experience in developing, building and operating large scale industrial projects for multinational organizations. As president and CEO, he is responsible for overseeing the implementation of SES' strategy for commercialization and operation of its advanced and proprietary coal gasification technology in projects worldwide. Mr. Rigdon also serves on the company's board of directors.
SES is a Gold Sponsor of this year's GTC conference and will be exhibiting in booth #16.
About Synthesis Energy Systems, Inc.
SES provides technology, equipment and engineering services for the conversion of low rank, low cost coal and biomass feedstocks into energy and chemical products. Its strategy is to create value through providing technology and equipment in regions where low rank coals and biomass feedstocks can be profitably converted into high value products through SES' proprietary fluidized bed gasification technology. SES' technology gasifies coal cost effectively, without many of the harmful emissions normally associated with coal combustion plants. The primary advantages of the SES technology relative to other gasification technologies are (a) greater fuel flexibility provided by the ability to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) the ability to operate efficiently on a smaller scale, which enables the construction of plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. SES currently has offices in
. For more information on SES, please visit
or call (713) 579-0600.
SES Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the development stage of the operations of SES, its estimate of the sufficiency of existing capital sources, its ability to successfully develop its licensing business, its ability to raise additional capital to fund cash requirements for future investments and operations including its
platform initiative, its ability to reduce operating costs, the limited history and viability of its technology, commodity prices and the availability and terms of financing opportunities, its results of operations in foreign countries, its ability to diversify, its ability to complete the restructuring of the ZZ joint venture and production of methanol, its ability to obtain the necessary approvals and permits for future projects, the estimated timetables for achieving mechanical completion and commencing commercial operations for the Yima project as well as the ability of the Yima project to produce revenues and earnings, the sufficiency of internal controls and procedures, its ability to grow its business and generate revenues and earnings as a result of its proposed
platform initiatives, and its ability to develop its power business unit and marketing arrangement with GE and its other business verticals, steel and renewables. Although SES believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.
SOURCE Synthesis Energy Systems, Inc.