AFTC Announces Order by KIER for DME Fuel Pumps
13 October 2009 - 10:30PM
Marketwired
Alternative Fuel Technologies, Inc. (PINKSHEETS: AFTC) announced
yesterday that the Korea Institute of Energy Research (KIER) has
purchased two dimethyl ether (DME) Fuel Pumps.
The KIER is a Government of Korea sponsored agency dedicated to
finding renewable energy resources and clean fuel technology for
the country of Korea. The KIER plans on testing the DME pumps by
installing them in Hyundai e-Mighty trucks for real world testing
after laboratory testing for efficiency. Korea has been struggling
to improve air quality and move away from dependence on foreign
energy since their "growth" spurt in the 1970s and 1980s.
When the entire chain is taken into account, DME from feedstock
is the most efficient fuel, and can be up to five times more
efficient then standard diesel.
Other active stocks are: General Electric (NYSE: GE), Fuel
Systems Solutions (NASDAQ: FSYS) ERHC Energy (OTCBB: ERHE)
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