MicroCoal appoints James Young as board Chairman
Saturday, September 7 2013 - 02:43 AM WIB
Canada-based coal upgrading technology firm MicroCoal Technologies Inc. said it has named James Young as Chairman of the Board of Directors.
Holding a Ph.D. in Microbiology and Immunology from Baylor College of Medicine, Young currently serves as chairman of the Board of Directors of Novavax, Inc. and is on the Board of Directors for 3-V Biosciences, Inc., a private drug company, the company said in a statement received Friday.
Upon appointment as Chairman of the Board of Directors, Young stated: "I'm very excited by the potential for MicroCoal highly innovative microwave technology to dry coal. This approach has the potential to improve the thermal output of coal and reduce the pollution it generates and therefore be an important part of a worldwide energy solution.?
?The recent announcement of the first commercial installation of the technology by PT Wijaya Tri Utama in Indonesia will serve to showcase the scalability of this modular microwave coal drying technology, which can be applied to coal-fired power plants worldwide. This marks the global commercial roll-out for this revolutionary technology,? he added.
Editing by Reiner Simanjuntak