QSIM$
QSI’s patented process and superior catalyst enhancement technology offer a value proposition that could be worth billions to chemical plant owners and operators, globally. QSI’s high surface area nano iron catalyst, product name: FeNIX, is designed for the $100 billion USD ammonia production industry. FeNIX, applied as a coating to standard commercial catalyst, delivers higher activity and overall conversion efficiency, which can increase ammonia plant output by 10-15% and decrease operating costs by allowing the plant to operate at lower temperatures and pressures. QSIM has engaged in strategic programs with a number of industry-leading corporations including Casale, and multiple top chemicals/catalysts producers around the globe. In 2015, QSI and partners validated FeNIX in a production-scale ammonia plant in China by delivering a 10-15% increase in production output.
This important commercial validation is anticipated to help drive Western validations and early technology adoption and revenues for QSI. QSI’s lead chemical sector focus is the $100 billion USD ammonia market which offers several hundred million dollars of total available market to QSIM. More than 82% of all ammonia produced globally is used to make fertilizer to grow food more efficiently. Ammonia is one of the most critical chemicals produced for global food supply and is responsible for providing up to 50% of the protein consumed by humans.
Production of ammonia consumes nearly 2% of the world’s energy and is responsible for more than 5% of global natural gas consumption each year. QSI has also leveraged its intellectual property to develop advanced, high-efficiency catalysts for other key chemical markets, such as olefins and methanol ($300 billion USD and $50 billion USD markets, respectively) which are expected to follow FeNIX to commercialization.
