| CALGARY--Dynetek
Industries Ltd. ("Dynetek"), a leader in developing, producing and marketing
lightweight compressed natural gas (CNG) and compressed hydrogen storage
cylinders, announced today that it has delivered its first Natural Gas
Bulk Transport (BT) modules to the United States using Dynetek's U.S. Department
of Transport (DOT) certified cylinders to Compressed Energy Systems LLC
of Eldorado, Illinois. Dynetek's BT modules will be used by Compressed
Energy Systems LLC to transport Natural Gas from stranded gas reservoirs.
Currently, Dynetek is the only company
to have Type 3 light-weight U.S. DOT approved Natural Gas Bulk Transportation
(BT) modules. The lightweight BT modules are ideally suited for transportation
on trucks for land distribution, or on barges to supply CNG inland, or
to coastal locations where pipeline infrastructure is not established.
Lightweight transport modules offer significant payload capacity. "The
advantages of using Dynetek's lightweight modules in the bulk transport
of Natural Gas is the increased amount of gas transported with each load,"
said Chris Schimp, President, Compressed Energy Systems LLC.
The unique storage advantage of the
BT System is Dynetek's DyneCell(R) cylinder, which is made from a seamless,
thin wall aluminum liner covered with a full carbon fibre over-wrap. DyneCell
cylinders are extremely lightweight, non-permeable, and exhibit limited
expansion under pressure and temperature change. DyneCell cylinders have
received approval from the US Department of Transport for the transport
of a variety of gases, such as: Natural Gas (Methane), Hydrogen (H2), Helium,
Nitrogen, Oxygen, or Compressed Air.
Dynetek's BT Systems are available
in a variety of configurations, depending on the quantity of gas to be
transported. Each BT module can be isolated for individual use or all three
modules can be used to increase gas flow rates. Individual modules can
be removed from the trailer to accommodate maintenance or special road
loading requirements, with customized trailers and BT module configurations
available upon request.
Dynetek's BT Systems offer an "Instant
Infrastructure(TM)" solution for the bulk transportation of compressed
gases," said Christian Rasche, Dynetek's President and CEO. "These are
our first BT modules transporting Natural Gas in the U.S.A. and the growth
of this segment of our business, will enable us to continue to diversify
our market base." Dynetek's BT and MRFS solutions have been supplied to
industrial gas users for the transport of Helium and Oxygen to Industrial
Gas customers.
Dynetek's BT System provides an alternative,
cost effective development solution for gas markets, while acting as "Instant
Infrastructure(TM)" instead of pipelines, by making CNG, H2 and other industrial
gases immediately accessible to end users.
Dynetek Industries Ltd. designs,
produces and markets one of the lightest and most advanced fuel storage
and refueling systems for compressed natural gas, low emission vehicles
and compressed hydrogen, zero-emission fuel cell vehicles. Dynetek is recognized
around the world for its solutions-of-choice to the alternate fuel vehicle
sector, evidenced by strategic relationships with major manufacturers around
the globe. Dynetek is listed on the Toronto Stock Exchange, symbol: DNK. |