LONDON, Feb. 24, 2017 /PRNewswire/ -- BayoTech Inc. will
present at CleanEquity Monaco 2017 on March
9th & 10th at the Fairmont Monte
Carlo.
CleanEquity is an annual invitation-only event hosted by
Innovator Capital, the London
based specialist investment bank.The conference provides an
intimate and collegiate setting for inventors and entrepreneurs to
share their stories with delegates - key decision makers looking to
assist them with reaching their commercial and strategic goals.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling,
Cisco EIR, Cision, Cranfield University, Hobbs & Towne, the
Monaco Economic Board, Parkview and the Social Stock Exchange.
BayoTech Inc. has been identified by an expert panel as one of
the world's most innovative sustainable technology companies and
has been selected to present to senior financial and strategic
cleantech investors, policy makers, legislators, end users and
media.
Bayotech has a unique chemical reaction architecture that was
patented and proven at Sandia National Labs, Albuquerque, NM US. The U.S. and French
government invested ~50M in developing the patented nested flow
technology. The breakthrough technology is now being applied to
multiple markets - initially hydrogen production for both
industrial stationary use and FCEV (Fuel Cell Electric Vehicles)
and nitrogen fertilizer systems.
The system is modular and scalable in increments of 100 kg/day
of hydrogen or 1 ton/day of fertilizer - maintaining efficiencies
and cost advantages. Parallel systems can be deployed to provide
incremental growth for increasing demand or large scale production
of chemicals needing energy management and heat transfer.
Local production of hydrogen or fertilizer (or other chemicals)
means virtual elimination of transportation costs - a high
percentage of current product costs.
After licensing the patented technology, BayoTech's first phase
is developing a unique nested-flow approach to the Steam Methane
Reforming (SMR) process.
The SMR process is widely used throughout the chemical industry,
producing hydrogen and carbon monoxide for many
applications. Among these applications are hydrogen for use in
both transportation and stationary fuel cells, and both hydrogen
and carbon monoxide as chemical feed stocks. The nested-flow
process specifically enhances ammonia, nitrogen fertilizer, propane
and electricity production. The nested-flow approach dramatically
improves the energy efficiency of chemical processes. For the SMR
process a 25% reduction in energy usage and a significant reduction
in process scale are achieved using this technology. This means
smaller regionally located production facilities can compete on
production price while also significantly reducing transportation
costs and logistics. Specifically, because hydrogen is produced
onsite transportation costs are eliminated; plant footprint can be
scaled down to a 20ft-shipping container for FCEV or 40ft for
industrial needs. GHG emissions are greatly reduced because of
improvements in production efficiency and reduced transportation
costs. Cooling reduction leads to a 90% savings in water use.
BayoTech's nested-flow chemical reaction will transform the
chemical production industry much like mini-mills transformed the
steel industry.
Justin Eisenach
BayoTech CEO
303-525-3954 USA
Justin@bayotech.us
www.bayotech.us
About Innovator Capital
Innovator Capital, established in 2003, is a specialist
investment bank advising emerging technology companies on corporate
finance, mergers and acquisitions. Its expertise includes
intellectual property and multi national strategic partnering.
www.cleanequitymonaco.com
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SOURCE Innovator Capital