BECAUSE HYDROGEN IS A BUILDING BLOCK OF EVERY HYDROCARBON, EXISTING MARKETS FOR LOW COST HYDROGEN AND ITS DERIVATIVES, SUCH AS FERTILIZER, CLEAN GASOLINE, DIESEL AND JET FUEL, ALREADY EXIST AND ARE PRACTICALLY UNLIMITED.

Markets

The highest value product that can be produced from syngas is hydrogen.  The existing hydrogen market exceeds $100 billion annually and is growing at double-digit rates.  Three quarters of the hydrogen produced today is used as a chemical reagent to produce fertilizers or refine oil. An insignificant amount is used as fuel to power spacecraft and fuel cells.  Exponential growth in the market for hydrogen will occur when hydrogen is used directly as fuel or to produce conventional fuels such as gasoline, diesel and jet fuel from unconventional sources such as biomass, municipal waste, used tires, coal or petroleum coke.  Ultimately, the numerous uses of low cost hydrogen and syngas will enable HydroMax technology to change the way electricity is generated, vehicles fueled, waste recycled and fertilizer produced.

Alchemix’ management believes that the HydroMax technology will prove to be the most efficient, environmentally friendly, reliable, and lowest cost gasification technology available.  It will allow the profitable production of all products now produced from oil and natural gas from domestically available low cost waste hydrocarbons.  HydroMax plants, alone or coupled with proven downstream technologies, will produce electricity, fertilizers, chemicals, hydrogen, gasoline, diesel and jet fuel.  Taken together, these applications of HydroMax technology provide a virtually unlimited market with increasing profitability if, as expected, oil and natural gas prices continue to remain high or rise.