SUF: SulphCo, Inc. Begins Shipping Equipment for 210,000 Barrel Per Day Sonocracking(TM) Project in Fujairah
Thursday June 1, 2:56 pm ET
SPARKS, Nev., June 1 /PRNewswire-FirstCall/ -- SulphCo, Inc. (Amex: SUF - News) announced today, that the first shipment of Sonocracking (TM) equipment for Fujairah Oil Technology, LLC, SulphCo's joint venture with the Government of Fujairah, had left Germany on May 31st, according to its previously announced schedule, for arrival in Dubai by mid-June.
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NTG, the Germany-based company responsible for building the equipment, has confirmed the May 31st shipping and further indicated that all remaining prefabricated equipment shipments, which are ready for installation, will be leaving Germany en route to the UAE according to schedule throughout the month of June.
"We are very excited that the first shipment of Sonocracking (TM) equipment has successfully left Germany and is on its way to Fujairah where we will begin the next phase of implementing our ultrasound technology," remarked Dr. Rudolf W. Gunnerman, Chairman and CEO of SulphCo. "We, along with our manufacturing partner NTG, are confident that we will continue to adhere to our schedule of shipments and deliveries throughout the project's development."
About SulphCo, Inc.
SulphCo has developed a patented safe and economic process employing ultrasound technology to desulfurize and hydrogenate crude oil and other oil related products. The company's technology upgrades sour heavy crude oils into sweeter, lighter crudes, producing more gallons of usable oil per barrel.
From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly.
*Photographs of the project available upon request
