Archive for September, 2009

SWAPSOL Corp. Names Wolf Koch, Robert Cohen to Board of Directors

Monday, September 21st, 2009

New additions to bring chemical, financial expertise to N.J.-based R&D Firm

MONMOUTH JUNCTION, N.J. (Sept. 17, 2009) – Wolf Koch, Ph.D., founder and president of Technology International Resources, Inc. (Sterling, Ill.) and Robert Cohen, Managing Partner of Benson Oak Capital (Prague, CZ) have recently been named to the New Jersey-based SWAPSOL Corp (www.swapsol.com) board of directors.

“We couldn’t be more proud to add Wolf and Robert to the SWAPSOL family,” said Raymond Stenger, president of SWAPSOL Corp. “Together, their engineering and business savvy are enormous assets to our company as we move forward.”

Dr. Wolf Koch

Dr. Wolf Koch

Koch will consult with the board on scientific and technology verification surrounding the Stenger-Wasas Process (SWAP) and advise on licensing negotiations with the commercial sector.  Cohen will lead financing negotiations and help develop strategic partnerships with industry.

Koch has managed technology development programs for more than three decades, including petrochemical and petroleum processing technology development for Amoco Oil.  He is the inventor or co-inventor on 26 patents and has authored more than 40 publications, covering topics in biomedical engineering, catalysis, environmental engineering and intellectual property.  He holds a Ph.D. and bachelor’s degree in chemical engineering and a master’s degree in biomedical engineering.

Koch said after doing extensive research and testing on the SWAP, he gladly accepted the opportunity to become part of the company’s activities.

Robert Cohen

Robert Cohen

“I was impressed with the sound science and work behind SWAPSOL’s breakthrough,” Koch said.  “I look forward to being a part of the team as it advances and playing a solid role in bringing the company to the next level.”

Cohen has 15 years of experience in private equity, investment banking and financial advisory activities and currently manages the operations of Benson Oak Capital, based in Prague, Czech Republic.  His worldwide investments include those in the chemical sector and online security.  Cohen has a master’s degree in international affairs from the Johns Hopkins School of Advanced International Studies (SAIS) and a bachelor’s degree from the University of Pennsylvania’s Wharton School of Business.

“This technology has enormous potential and could quickly meet the needs of the oil and gas industry,” Cohen said. “And given that market potential, expert negotiations with future partners and customers are critical.”

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Will EPA move hurt business in effort to stop global warming?

Sunday, September 6th, 2009

The head of the Environmental Protection Agency (EPA) in April quietly dropped a bombshell on business  – carbon dioxide will soon be declared a dangerous pollutant.

In a move that could have momentous implications for environmental and energy policy, EPA Administrator Lisa Jackson recently told reporters that a formal “endangerment finding,” triggering federal regulations on greenhouse gas emissions, would probably “happen in the next months.” (SF Chronicle 9/1)

EPA Administrator Lisa Jackson

EPA Administrator Lisa Jackson

According to EPA scientists, greenhouse gases contribute to global warming by trapping heat in the Earth’s atmosphere. By declaring CO2 a dangerous pollutant, the EPA would have the ability to weigh heavily on Congress to move ahead with climate legislation.

A formal endangerment finding would enable the agency to regulate greenhouse gas pollution under the Clean Air Act – even if Congress doesn’t pass a final climate change bill.

Energy industry leaders have acknowledged the need for CO2 regulation, but decried the current U.S. Climate Bill as a dramatic blow to the petroleum industry itself.  Even so, they have largely favored Congressional action over EPA-imposed limits.

Valero Energy Corp. has said that the U.S. Climate Bill in its current form would cost the company $7 billion annually. The House of Representatives narrowly passed the bill in June.

“How would we be able to operate?” asked Jim Greenwood, vice president for governmental affairs at Valero, quoted in a recent news article. “I don’t know. If they can make some breakthroughs, especially with carbon capture and sequestration, you can halve carbon emissions.” (Reuters 8/28)

So, what’s the bottom line? Carbon legislation is coming, and it is, once again, imperative that American enterprise rise to meet the challenge of finding ways to maintain productivity and profitability while adapting to imminent energy policy.

www.swapsol.com

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National Chemistry Week Seminar : Can a chemical reaction help fight global warming?

Tuesday, September 1st, 2009

Wednesday, October 21, 2009

Could a Sour Natural Gas Process Convert Carbon Dioxide (CO2) and Hydrogen Sulfide (H2S) into harmless compounds?

Attend discussion on if an exothermic chemical reaction could contribute in the fight against global warming and climate change.

WHAT:

The Stenger Wasas Process (SWAP): A suite of hydrocarbon refining solutions that, in the laboratory, has been verified to rapidly reduce H2S to below detectable limits by gas chromatography (under 4ppb) and may be able to convert CO2 into carbon, water and sulfur industrially.  Discoverers of the SWAP invite academicians and experts to discuss the science and its potential contributions to the global warming solution.

WHERE:

Philip Alampi Auditorium, Rutgers University Cook Campus
School of Environmental and Biological Sciences
71 Dudley Road (corner of College Farm and Dudley Rd.)
New Brunswick, NJ

WHEN: Wed., Oct. 21

2:30 p.m. – 4:30 p.m.

RSVP:             www.swapsol.com/events.php

Open Admission      Q & A Following

WHO:

Raymond Stenger and James Wasas invite members of the academic and professional communities on Wednesday, Oct. 21, 2009, to learn about the Stenger-Wasas Process (SWAP), proposing that a reaction between carbon dioxide (CO2) and hydrogen sulfide (H2S) eliminates both (2H2S + CO2 => 2H2O + 2S + C) in a mildly exothermic reaction and could alter the course of global warming and impact escalating energy costs.  Hear and discuss the science behind the SWAP and its potential impact on the hydrocarbon industry.

PARTICIPANTS

  • Raymond Stenger (B.S.,WV University ‘57)
  • James Wasas (B.S., Rutgers ‘68)
  • Wolf Koch, Ph.D, Chemical Engineering, University of Cincinnati (B.S., Rutgers ‘68), President, Technology Resources International, Inc.
  • Gene Hall, Ph.D, Analytical Chemistry, Rutgers University (independent GC verification)
  • Randa Fahmy-Hudome, Former U.S. Associate Deputy Energy Secretary

Stenger and Wasas will discuss the catalytic and recombinant science behind the reaction.  Dr. Wolf Koch will discuss the potential commercial applications.  Q & A will follow: Dr. Hall will answer questions about his independent chemical and gas chromatography (GC) analysis; Executives will answer questions about findings and verifications of thermodynamic and chemical kinetic results showing scalability of the SWAP.

If you would like to attend, please visit: www.swapsol.com/events.php

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