Solanex Management Inc. (SLNX.OB) is “One to Watch”
Source: http://Blog.QualityStocks.net/?p=16329Posted on Thursday, July 16th, 2009 | In Market Commentary, Small & Micro Cap
Solanex Management, Inc. is focused on developing, manufacturing and selling the Thermal Destructor; developing, manufacturing and selling the portable Steam Injection System; and investing in other viable business opportunities, including mineral resource properties. Through a joint venture agreement with ecoTECH, the company has secured a relationship critical to achieving success.
The company’s Thermal Destructor is a self contained, soil residue combustion system designed to clean contaminated sites by sterilizing soil. The system consists of a high efficiency, waste or gas-fired combustion chamber and a next-generation exhaust gas, low-pressure drop liquid scrubber effective in trapping pollutants in air emissions. A common use of the Thermal Destructor is cleaning up hydrocarbon spills at the end of the life of a production well.
The Steam Injection System has been designed specifically for use in oil fields where high-pressure steam can be injected into the oil formation to help dilute and separate heavy oil from the earth. Solanex Management believes the most immediate market for the system is to companies who are in the bitumen/heavy oil exploitation business where oil can’t be produced unless it is heated or diluted. Unlike current steam generation systems, the Steam Injection System is portable, costs less to manufacture, and can utilize various fuel sources to create steam.
Going forward, the company is working on identifying companies to partner with to better expose its technology to the intended markets. Solanex Management is also analyzing and searching for synergistic business opportunities that will allow the company to utilize its existing technology in other business applications. With marketing and manufacturing plans in place, Solanex Management is positioned to capitalize on its revolutionary technologies.
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bitumen/heavy oil exploitation, dilute and separate heavy oil, exhaust gas, existing, Existing technology, gas-fired combustion chamber, Market Commentary, Oil, oil formation, sites, Small & Micro Cap, Solanex Management Inc., steam generation systems, The Macro Trader, Thermal Destructor
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