ARCHIVE

Syngas player strengthens China ties

COAL gasification technology company Synthesis Energy Systems has elected Hongye International In...

Justin Niessner

The unanimously approved move expands SES’ board from seven to eight members and is expected to strengthen the Houston-based company’s potential for success in China.

“Dr Yang is an accomplished entrepreneur, business executive and scientist whose deep experience and relationships in China will be invaluable in helping us achieve our financial, business development and commercialization objectives,” SES chairman Lorenzo Lamadrid said.

“I am looking forward to working with SES’ management team and board of directors to help drive thecCompany's success in China.

“I believe SES’ gasification technology is key to the development of China’s abundant, untapped low rank coal resources and will enable the production of clean energy and products while improving the country’s energy security.”

Yang is general manager of the Hongye biomedical division and is the managing partner of Hongye SD Group. He was appointed to the board as a designee of Hongye pursuant to the terms of the share purchase agreement. Hongye received the right to nominate two people to the board for as long as Hongye owned or controlled at least 9% of SES’ common stock.

Yang is the founder, chairman and chief executive of Velox Pharmaceutical and an advisory director of Nanjing Sharelink Capital, a government venture fund company focusing on early stage investment in China.

SES provides technology, equipment and engineering services for the conversion of low-rank, low-cost coal into energy and chemical products.

It has a production facility in China’s Henan province designed to process 2000 tonnes per day of sub-bituminous coal into syngas for downstream chemical and fuel products

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production