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Ceramic Fuel Cells to build plant in Europe; moves towards commercialization
Publication Date:30-October-2006
06:30 AM US Eastern Timezone 
Source:AFX News
LONDON--Ceramic Fuel Cells Ltd (CFCL), a manufacturer of solid oxide fuel cells, said it will construct a plant in Europe to produce high quality ceramic powders, which are a key component of solid oxide fuel cells, using its patented technology.

The powder plant is scheduled to be commissioned in the first quarter of 2007.

In a trading statement, CFCL said it is 'now at an advanced stage of development, and is moving swiftly towards commercialization'.

CFCL posted a negative cash flow of 4.4 mln aud during its September quarter.

In a separate release, the company said it has been granted another patent for the use of aluminium-iron alloys for fuel cell system components by the European Patent Office.

The alloys, which are highly corrosion resistant and inexpensive to produce, will allow CFCL to continue to reduce the cost of commercial appliances using solid oxide fuel cells, it said.

Patents have also been granted for this invention in Australia and South Africa and are pending in other countries, the company added.
 


 
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