Products and Services |
Shale Asphalt Binder
Accel Energy plans to build a facility to manufacture a new patent pending product, Shale Asphalt Binder (SAB). SAB is a value-added petroleum product which is made from crude oil and prolongs the life of highways and roads. Accel Energy plans to purchase a site, develop a plant and manufacture and sell this product for road building efforts in China and other markets. Currently, China is embarking on the largest road building efforts in its history that will see its network of highways become comparable to that of the US. The Shale Asphalt Binder that will be produced by Accel Energy will help to effectively prolong the life of those highways. SAB has been formulated to enable governments, Departments of Transportation and contractors to have better road surface availability at a lower cost. SAB provides improved infrastructure, creates greater longevity and has lasting benefits to peoples of all countries, whether developing or industrialized. SAB has a proven history over the past 8 years and was shown to be effective in 11 actual road test locations, within all the major weather zones. The SAB product will provide a longer life to the roads and save taxpayer dollars. The asphalt business in the China and USA is a multi-billion-dollar business, and contracts under negotiation will put Accel Energy in a key market position both in China and subsequently the US, potentially utilizing 100% of its current production and generating millions of dollars in sales revenues. Accel Energy expects to earn revenues of $36 million in the first year of operations of this manufacturing facility with continued growth projected for years to come. Sales of the SAB product are projected to be over US$61 million by 2008. SAB solves five of the major problems facing the maintenance of roads:
Rutting
Water stripping
Thermal freeze-thaw cracking
Fatigue cracking
Aging