Silverado Green Fuel Inc. has contracted China business development experts to spearhead its “Silverado Asian Business Development Team”. Synergy Management Group Ltd. will serve as Silverado´s portal into North American-Chinese joint ventures.
Synergy represents an extensive network of key China-based contacts. The company’s North America-China, deal-making expertise has assisted a number of other North American companies in successfully accessing the China marketplace. Synergy also delivers ‘Think China’ government and business workshops, and provides corporate mentoring.
Coal represents 90% of China’s primary energy deposits. Experts predict that coal will represent 50% to 70% of China’s primary energy consumption in the coming 30-50 years. China’s total coal reserve is more than one trillion tons.
China’s economic growth represents an insatiable appetite for energy, and creates environmental issues. China’s major coal, oil and energy companies, are turning toward global technologies such as those offered by Silverado Green Fuel Inc. Silverado can respond to enhancing China’s domestic energy output, utilizing China’s abundant coal reserves.
Silverado Green Fuel Inc., the world leader in low rank coal-to-liquid fuel technology, remains committed to America’s energy self-sufficiency, security and domestic energy supply. Silverado is a partner in an upcoming $26 million Demonstration Plant Joint Venture with the State of Mississippi. In the United States, low rank coal represents centuries of domestic energy resources, and is currently a highly under-utilized resource.
Sivlerado says its Green Fuel can be used to power oil-fired power plants directly, or be used as a feedstock for further processing to produce transportation fuels (jet, diesel, gasoline), key agricultural compounds (fertilizers, synthetic petrochemical feedstocks, urea), industrial products (oils, lubricants, synthetics) and even consumer products (plastics, packaging, etc.). The fuel can also be further processed to produce pure, clean hydrogen to power fuel cell automobiles and electric generation (power) plants.