Sep 6, 2017
SEATTLE, Sept. 6, 2017 /PRNewswire/ -- ClearSign Combustion Corporation (NASDAQ: CLIR), a leading provider of industrial combustion technologies that deliver unmatched reduction of pollutant emissions while improving operational costs, today announced unanimous approval for funding by the Board of the South Coast Air Quality Management District (SCAQMD) during their September 1, 2017 meeting to demonstrate ClearSign's Duplex products within the Torrance Refinery. The collaborative project which includes shared funding by the air district, ClearSign, and the Torrance Refinery, will demonstrate ClearSign's Duplex technology as a best available control technology (BACT) candidate to achieve ultra-low emissions levels in refinery process heaters and boilers. The project, as approved, is slated to span one year.
Unlike Duplex, the current state-of-the-art pollution control systems require costly modifications to plant and equipment and are often plagued by significant green house gas (GHG) emissions. Additionally, Duplex has significantly lower operating expenses than competitive technologies such as selective catalytic reduction (SCR) and achieves record low emissions without GHG pollution. Citing this latter fact, the District suggested that when demonstrated, adoption of ClearSign technology may be much faster than existing, alternative technologies such as SCR.
There are eight active refineries in the South Coast Air district. A key element of its regulatory mandate, SCAQMD is committed to supporting emerging technologies that reduce criteria pollutants including NOx, CO, and greenhouse gases. ClearSign is a development company whose mission is the design, development and supply of combustion control platforms that reduce emissions while increasing operational efficiency of industrial process heaters.
"The unanimous vote of the SCAQMD board to sponsor and fund the demonstration with the Torrance Refinery is validation that our development and commercialization efforts are paying off and are being recognized by the most highly respected regulators and operators in the United States," said Steve Pirnat, Chairman and CEO of ClearSign.
About ClearSign Combustion Corporation
ClearSign Combustion Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of combustion systems, including emissions and operational performance, energy efficiency and overall cost-effectiveness. Our patented Duplex™ and Electrodynamic Combustion Control™ platform technologies enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, and power industries. For more information, please visit www.clearsign.com.
Cautionary note on forward-looking statements
All statements in this press release that are not based on historical fact are "forward-looking statements." While management has based any forward-looking statements included in this press release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, general business and economic conditions, the performance of management and our employees, our ability to obtain financing, competition, whether our technology will be accepted and other factors that are to be detailed in our periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.
SOURCE ClearSign Combustion Corporation
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