In the test, GlyCoal reduced coal consumption by 10 percent, in turn reducing the sulfur dioxide and CO2 emissions from coal by 10 percent.

"GlyCoal is considered a clean coal technology because it effectively reduces coal emissions and byproducts when used as a replacement fuel," said J. Michael Parsons, President and CEO of XcelPlus Global Holdings.

XcelPlus Global is an emerging alternative energy company that develops new fuel technologies, such as GlyCoal, to offset the use of fossil fuels and carbon emissions from those fuels.

"Emissions from burning GlyCoal are acceptable under upcoming regulations because it's a renewable fuel source," Parsons explained.

"We can deliver 500,000 gallons to a power plant today, if requested. Coal companies face millions, possibly billions, of dollars in new taxes under the forthcoming Carbon Tax. The successful outcome of this test could have a significant impact on their bottom line."

XcelPlus International (XLPI), a subsidiary company, processes GlyCoal from waste byproducts of biodiesel production. XcelPlus Global holds the pending patent on the process and is preparing to take the product to market, Parsons added.

Related Links
XcelPlus International (XLPI)
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Washington DC (UPI) Apr 14, 2009
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