MagneGas Partner In Kazakhstan Starts To Produce And Market MagneGas Fuel

Jun. 17, 2015 2:50 PM ETTRNX
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MagneGas's (NASDAQ:MNGA) customer Astana TechCom has started to produce and market MagneGas fuel for metal cutting and for academic research.

Astana purchased a custom Plasma Arc Flow gasification system in 2014 to produce fuel for metal cutting and demonstration of the MagneGas Technology to Kazakh energy industries, medical facilities and universities.

Astana sources custom-built, equipment from MagneGas in the United States and then handles the marketing fuel distribution to local users, one of which will be the Eurasian National University in Astana, Kazakhstan's capital.

"We are pleased to announce that Astana has initiated operation in Central Asia. We intend to sell the fuel produced from the system for metal cutting. In addition, our local university has expressed an interest in studying the unique properties of the fuel for advanced applications. This small and mobile system is an ideal marketing tool for a wide distribution of MagneGas products throughout Central Asia," stated Astana TechCom's director and university professor Dr. Ascar Aringazin.

MagneGas completed construction of Astana TechCom's small Plasma Arc Flow gasification system on wheels in 2014 for US$518,000. The unit was built to order to demonstrate MagneGas Technology to local energy industries, medical facilities and universities, opening new opportunities, addressing industrial gas and liquid waste treatment demand throughout Central Asia.

MagneGas's customers have been impressed with the quality and speed of its fuel's speed and safety, which are two of the features driving the company's expansion opportunities.

The reputation of the Tampa, Florida based company) is growing rapidly, attracting interest from an ever more diversified group of new and potential customers, after earning the trust of the Central Florida Fire Rescue Department and the US Navy.

MagneGas, which has a proprietary technology that converts liquid waste into hydrogen-based fuel, said it believes the fire-rescue market is an ideal end-user of its special fuel as a replacement to acetylene because it is much cleaner and faster.

The US patented hydrogen-based gas is cheaper, uses 34 percent less oxygen and also dissipates into the air quickly in the event of a leak unlike acetylene, which pools on the ground, creating a major risk for an explosion. Features also include a smaller heat-affected zone, better stability and a lighter fuel composition.

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