EDE 0.00% 0.2¢ eden innovations ltd

can anyone see the announcement, page-2

  1. 45 Posts.
    Here is the announcement:
    issued through
    FIELD PUBLIC RELATIONS PTY LTD ABN 74 008 222 311
    231 South Road, MILE END SA 5031
    Ph: 08 8234 9555 Fax: 08 8234 9566
    [email protected]
    N E W S
    • R E L E A S E •
    FOR IMMEDIATE RELEASE
    Thursday December 13, 2007
    EDEN ENERGY’S HYRADIX INC. ANNOUNCES SUPPLY
    AGREEMENT WITH PRAXAIR INDIA
    Perth, Western Australia – Eden Energy’s Chicago based subsidiary HyRadix® Inc., a
    leading provider of on-site hydrogen generation systems and supply solutions, has
    entered into an agreement with Praxair India, a subsidiary of US based Fortune 300
    company, Praxair, Inc., for the supply of the HyRadix Aptus® on-site hydrogen generator
    for industrial hydrogen applications within India. This multi-year agreement covers the
    certification of the HyRadix Aptus hydrogen generator via the Praxair vendor
    qualification process as well as the exclusive supply of the Aptus generator to Praxair in
    India for industrial gas sales purposes.
    The Aptus hydrogen generation system allows customers to have economical on-site
    hydrogen production with high reliability for uninterrupted manufacturing processes such
    as metals annealing, float glass production and edible oils hydrogenation. The systems
    produce high purity hydrogen from a feedstock of natural gas or liquefied petroleum gas
    (LPG) and can be combined to generate between 50 - 500 Nm3/h very economically
    compared to alternative means of delivered hydrogen.
    “We are very pleased to be working with Praxair, the leading industrial gas supplier in
    India, in such an exciting and rapidly growing market as India,” said Greg Solomon,
    Chairman of Eden Energy. “This is yet another validation of the technology the
    HyRadix team has developed which is coming along at just the right time for the Indian
    market. Whilst Praxair will only be marketing the Aptus units to industrial customers,
    their additional unit requirements will provide greater fabrication economies of scale
    which will greatly assist our efforts in India in the transportation fuel market where the
    same units will be used for Hythane® and hydrogen refueling.”
    “As the Indian economy continues its rapid pace of growth it is becoming more difficult
    to satisfy the demand for hydrogen from existing indigenous sources,” said David Cepla,
    President of HyRadix. “The feedback we have received indicates customers are very
    receptive to our Aptus technology because it fills a significant void in the market place,
    so we are anticipating strong sales growth as we fill that market void.”
    Eden Energy recently announced that world renowned Larsen & Toubro, the largest
    engineering company in India, has commenced manufacturing the HyRadix Aptus
    reformers in India, which will be used to supply Praxair for the hydrogen industrial gas
 
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