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lowman

08/01/11 1:05 PM

#2949 RE: BottomBounce #2948

While it's a start I suppose, 80 bopd isn't exactly alotta production for a $112M company.


Sinopec and Syntroleum Announce Grand Opening of Coal to Liquids Demonstration Plant

Syntroleum Corp. (MM) (NASDAQ:SYNM)
Monday 1 August 2011

China Petroleum & Chemical Corporation (Sinopec) (NYSE:SNP) and Syntroleum Corporation (Nasdaq:SYNM) announced today the grand opening of the Sinopec/Syntroleum Demonstration Facility (SDF) located in Zhenhai, China. SDF is an 80 barrel per day facility utilizing the Syntroleum-Sinopec Fischer Tropsch technology for the conversion of coal, asphalt and petroleum coke into high value synthetic petrochemical feedstocks.