Coalview buys KeLa Energy

Coalview Ltd, an integrated coal technology and fine coal recovery company, has acquired KeLa Energy LLC.

“This acquisition continues to strengthen our positioning as a fully integrated coal technology leader,” said David Schwedel, executive director and lead investor of Coalview. “KeLa’s patent portfolio and other assets will enable us to custom blend fuel products for customer’s specific requests. Coalview will continue to focus on our goals of allowing coal to become a more environmentally stable fuel choice.”

“KeLa’s technology provides our customers with a water resistant, environmentally improved coal product. This engineered product has shown significant emission reductions through EPA methodology testing,” stated Roger Fish, president & CEO of Coalview.

Stoker fuel trials comparing the KeLa product to similar coal have shown the following environmental improvements:

• Reduced SOx by 35 – 41%
• Reduced NOx by 14 – 41%
• Reduced CO₂ by 3 – 5%
• Reduced volatile organic chemicals (VOC) by 15%

“Our goal is to improve on KeLa’s existing technology to lower SOx, NOx, and VOC emissions even further,” continued Fish.

Adapted from press release by Jonathan Rowland

Read the article online at: https://www.worldcoal.com/handling/27032014/fine_coal_recovery_specialist_coalview_buys_kela_energy_coal663/