Alternative Fuel Technologies Inc. Announces New Project With KIER
07 10월 2009 - 11:05PM
Marketwired
Alternative Fuel Technologies Inc. (PINKSHEETS: AFTC) is pleased to
announce that Korean Institute for Energy Research (KIER) senior
technical personnel visited us recently and informed us that they
were starting a new DME vehicle R/D project in June, 2010 and that
they wanted AFTC's fuel injection technology. Alternative Fuel
Technologies, Inc. (AFTC) announced today that they have shipped
four (4) DME feed pumps to the Korea Institute for Energy Research
(KIER) for use in development of DME fueled diesel engines. The DME
feed pump transfers DME from the fuel tank to the engine's fuel
injection system at a pressure of about 180 psi. Pumping DME
requires special materials and technology that have been developed
by AFTC.
AFTC's DME Feed Pump
KIER is interested in AFTC's DME technology as a replacement for
diesel fuel and views DME as an economic means by which the country
may improve air quality and gain increased energy security in the
future. In addition, government officials realize the potentially
massive economic benefits associated with widespread adoption of
DME as a fuel source.
About KIER
The Korea Institute of Energy Research is a Government entity
that focuses on advanced energy Research and Developments projects
with the goal of mass implementation and Commercialization of
efficient, clean energy alternatives
(http://www.kier.re.kr/open_content/eng/main_page.jsp).
About DME
DME is a new ultra-clean diesel fuel replacement that can be
produced from abundant resources. These include natural gas,
landfill methane, coal and biomass. At current oil prices, DME can
be produced and distributed at less than 1/2 the cost of
conventional fuel. When burned in a diesel engine, all soot
emissions are eliminated and NOx emissions are lowered dramatically
without the use of expensive exhaust aftertreatment devices.
About AFTC:
Alternative Fuel Technology Inc. is a research & development
organization engaged in the design, development and prototype
manufacturing of advanced fuel systems for use with a new
alternative fuel -- dimethyl either (DME). AFTC has developed
practical, low-cost fuel injection equipment for DME fueled
vehicles and currently provides complete DME fuel systems for
testing and research purposes in addition to retrofit systems that
can be used with most diesel engines. The company's ultimate goal
is series production of DME fuel systems for the global automotive
market by 2011.
Contact: InvestSource Inc. 714-847-2460 Email Contact
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