AFRICA
Poly Generation Brand ’ s vision for the company is to move into poly generation , combining electricity production with the creation of chemical products such as ammonia , fertilisers and liquid fuels .
The greatest challenge that the CEO overcame on this project was to find the sweet spot of connecting three divergent areas of constraint – a suitable coal resource , a productive , save and environmental mining technology and a lucrative market .
He concluded : “ With any resource and technology , it can only be effectively utilised when there is a suitable market for it . The one thing about syngas is that by itself it is not a commodity people would buy directly . Either you have to turn it into natural gas or electricity or some other fuel or chemical . I was fortunate enough to come from an environment doing exactly this , making many products from syngas .
“ As a junior mining company we are very excited to compete for projects of such a scale . We get support from local banks as they know the current government ( DoE and Eskom ) IPP initiative is the sovereign 30 year off taker for the electricity .
“ What UCG needs is countries and companies that are willing to build a value chain around it . To lead the way we have worked hard to become UCG specialist that can design , integrate , operate and own the whole value chain .”
Company Information
Industry
Mining
headquarters
Pretoria
founded
2007
employees
Less than 10
revenue
None , as we are in project development phase
products / services
Mining , Underground Coal Gasification www . africary . com 55