News Release
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CIBS Info
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SMALL FRONT ROYAL FIRM MAKES BIG NEWS
IN ENERGY AND ENVIRONMENTAL BENEFITS
Sam, Charlie, Joey, and Eric
Massanutten Military Academy, January 2007
Front Royal, Virginia - It has been said that oil and water do not mix, but the technical team at Cotefco Corporation is making it happen – and lowering dangerous emissions and increasing fuel efficiency in the process.
Using a proprietary new technology for super-mixing, Cotefco has been quietly fabricating a revolutionary water-in-oil emulsion apparatus at its laboratory since the Fall of 2006. Cotefco’s Emulsion to Combustion™, or “E2C”™ unit is installed near the point of combustion on boilers. Fuel oil and water flow into the unit in predetermined ratios, (without chemical additives) where they are then emulsified in a reactor chamber. Next, the emulsified water/oil mixture is atomized into the boiler for combustion.
“Tests show the new emulsion fuel reduces dangerous emissions dramatically while burning with no apparent reduction in boiler efficiency or performance,” said Charles Markert, Cotefco’s senior vice president for engineering. “And,” he added, “the best news is that our emulsion burns beautifully in standard boilers.”
The first industrial installation of Cotefco’s E2C technology in the U.S. was completed in January, 2007 at Massanutten Military Academy (MMA) in Woodstock, Virginia. “We are burning water,” said Colonel Rick Zinser, Commandant at MMA. “Our utilities staff is very pleased with the unit’s performance.” Zinser said Cotefco’s E2C unit “has gotten a real workout,” due especially to the surprising cold surge this spring.
In honor of the success of the Emulsion to Combustion™ technology and installation at MMA, a gala announcement luncheon will be hosted by MMA on May 18, 2007.
Cotefco President and CEO Charles P. Lickson expressed optimism for both the new company and its positive impact on fuel resources and the environment. “We’re delighted to bring to market this new technology that has been independently tested and shown not only to reduce pollution, but also, in many cases, to save fuel,” he stated. “The improvement in boiler performance and emissions reduction should have an important and positive impact on both America’s oil supply situation and the environmental challenges of climate change. Early results have been very good,” Lickson added. “The time has come to share this important energy technology with others,” he said.
E2C inventor Eric W. Cottell of Nassau, Bahamas, completed the U.S. patent application earlier this year. Cotefco has since formed Cotefco Industrial Boiler Systems, Inc. (CIBS) to focus on bringing the E2C technology to the industrial, commercial and institutional marketplace including schools, hospitals, large office buildings and processing plants.
Cotefco is the exclusive licensee for this patent pending technology in the United States and Canada. The Cotefco Lab is located at the renovated, EPA remediated Avtex site in Front Royal, Virginia. Additional information on the Emulsion to Combustion™ unit is available from Cotefco at 800-967-4555 or by email: info@cotefco.com. Cotefco’s website is: www.cotefco.com.
NOTE TO MEDIA: Working Press are invited to the luncheon and working demonstration of the unit. Please RSVP to Andrea Zunzer (800-967-4555) for exact time and location. |
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FALLING OIL PRICES CAN BE DECEPTIVE
The new year of 2007 saw a drop in crude oil prices below $60/barrel as the recent low of less than $56/barrel (June 2005) appeared ready to be challenged. Warm weather so far this winter in the Northeast United States has triggered downward pressure on oil traders; however, there is no certainty as to where or when prices may level off. According to the Associated Press, "analysts are split...on whether crude oil prices will stay below the 2006 average of about $66/barrel or rise to new heights this year" (as reported online January 3, 2007).
In addition to changes in weather (a long cold snap in the Northeast can put both economic and psychological pressure on both crude and finished product prices); OPEC has already decided to cut production. The Cartel is trying to "psych-out" oil demand and is ever-alert to increasing oil supply and diminished demand. While there has been some insensitivity among the oil producing states in output, OPEC'S plans to further reduce output (they already decided in November, 2008 a cut of 1.2 million barrels a day), by 500,000 barrels a day will affect both price and supply.
This is no time for the world to relax about fossil fuel supply. Political and military needs and challenges in certain areas of the world can also cause a sudden shift in oil pricing.
At COTEFCO, we are watching both demand and supply of oil in the current market place and over the long range. Our commitment to providing technology for saving oil, while reducing emissions, continues unabated and unaffected by the volatile cycles of world oil pricing.
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