Have just been having a read up on Pan American to gauge the significance of this MOU.
PAH have over the past 20 or so years delivered 84 hydrogen plants of various sizes, roughly 3 plants per year with worldwide installations. Hazer process can be easily retrofitted to many of these existing plants as well as taking a portion of the new builds. With the economics of the Hazer process it is hard to imagine that PAH will recommend that their clients build anything but Hazer in the future.
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SERGIO MARTINEZ,
President & CEO Pan American Hydrogen, Inc.
January 2009 – Present (7 years 11 months)
Manage the operations of both Pan American Hydrogen & Pan American Enterprises. Advance the proficiency of our technologies for hydrogen generation on a zero emissions, by design the vertically integrated hydrogen refilling stations and energy generation via Fuel Cells. Expand the business on a worldwide basis, by creating partnerships to bid large project in the refining and petrochemical industry.
President Pan American Enterprises, Inc.
September 1990 – Present (26 years 3 months)5806 Grimes Av, Harlingen, Texas 78550
Established since 1982, Pan American Enterprises, Inc. is the backbone for Pan American Hydrogen, specialized in the manufacturing of Hydrogen Generation Plants for projects overseas supplying equipment and technical support services for more than 84 Hydrogen plants around the world. Pan American Enterprises, Inc. provides plants and services for numerous plants whether manufactured by Pan American Enterprises, Inc. or others.
In 2000 Panamerican Enterprises, Inc. acquired the Koch-Glitch Hydrogen Plant Business from Koch Engineering. This acquisition increased Panamerican’s capabilities in engineering to include larger H2 Plants and increased its customer base.
Upon re-examination of the announcement it is clear that the initial focus is likely to be on vehicle refuelling stations or other small scale energy projects such as back up/primary power supplies to industry.
“The focus of the collaboration initially will be on small (pilot plant scale) projects capable of producing ~100kg (~50Nm3H) of hydrogen per day, with the scope for further development of larger scale opportunities. This scale of plant has been identified as the initial small-scale production units necessary for many hydrogen-to-energy projects, as well as being the typical target volume for distributed vehicle refuelling systems.”
If we then look back on the last announcement where they announced that one of our new advisors has had first-hand experience in building the supply chain for alternative fuels then the picture begins to gain clarity. IMO Hazer will have a minimum of one operational hydrogen fuel station operating within the next 6 months.
”KEVIN PEAKMAN – BOC Kevin is responsible for developing BOC's LNG technology for LNG plants, LNG distribuJon and supply chain equipment and LNG Fuel Dispensing Systems. He is also the Programme Manager for deployment of this technology to support the development of BOC's LNG business in the energy and transportaJon industries. This includes the producJon plants, enJre supply chain infrastructure for supplying LNG directly to customers and the business processes to service the customers. Prior to joining BOC Australia in 2003, Kevin had 20 years experience in the Chemical industry. The majority of his experience has been with BOC in the UK and ICI in Australia where he held various senior roles in Technology and OperaJons management. He also worked for Johnson MaGhey where he was responsible for a range of projects in developing Hydrogen Fuel Cells, Fuel Cell components and Hydrogen producJon for large internaJonal automoJve companies including GM, Daimler and Nissan as an alternaJve fuel for the automoJve market.”
With the current MC of well under 100M Hazer IMO remains entry level
HZR Price at posting:
56.0¢ Sentiment: Buy Disclosure: Not Held
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