SAN JUAN, PUERTO RICO--(Marketwired - July 21, 2014) - Poly Shield Technologies Inc. (OTCQB:SHPR) ("Poly Shield" or the "Company") is pleased to announce the filing of a new patent application. This new patent pending application covers the process of using a pre-combustion fuel scrubber (the "DSOX-20") in combination with an exhaust gas scrubber.
By using the patent pending DSOX-20, a much smaller exhaust gas scrubber can be used allowing for increased efficiency of the exhaust gas heat recovery exchange.
Condensation of sulfur on the sidewalls of the smoke stack is one of the byproducts of the exhaust gas heat recovery exchange cycle of the ships' power plant. This condensation results in a relatively quick corrosion and destruction of the metal exhaust gas casing and boiler. Currently, to avoid the condensation of sulfur it is necessary to keep the exhaust gas temperature high, resulting in lower efficiency of the entire power plant cycle.
By utilizing the above patent-pending solution, the exhaust gas is sufficiently free of sulfur allowing for significant reduction in the temperature of the exhaust gas. Lower temperature results in extraction of substantially more energy from the burning of the diesel fuel and increases efficiency of the diesel engine itself as well as the exhaust gas boiler, which contributes to improved fuel efficient operation of the vessel as a whole.
Rasmus Norling, Chief Executive Officer, stated: "This patent application marks an exciting milestone in the history of our Company and is a game changer for the power plant as well as for the shipping industry and adds to the growing portfolio of intellectual property enjoyed by Poly Shield."
Poly Shield continues to provide innovative solutions to the upcoming sulfur emissions regulations, the International Maritime Organization's (IMO) MARPOL sulfur rules, due to take effect the 1st of January 2015.
Poly Shield Technologies Inc. will continue updating the public on all of its technology developments as they progress through installation and testing to certification.
About Poly Shield Technologies Inc.:
Poly Shield Technologies Inc. develops and markets environmental and pollution emission control solutions to a worldwide market.
Poly Shield Technologies Inc.'s proprietary DSOX-15 and DSOX-20 Fuel Purification Systems are cost-effective technologies designed to remove sulfur from fuel in an effort to meet the upcoming sulfur emissions regulations due to take effect in 2015. These technologies are currently aimed at the maritime industry which includes vessels for cruise-line, freight shipping and tanker companies and can be installed during normal vessel operation without the need to use expensive dry dock time. These technologies have worldwide applications that are not limited to the maritime industry.
Currently, Poly Shield Technologies Inc. has contracted with multiple shipping companies for installation of its DSOX-15 solution, with options for a total of 62 installations, all of which will be upgraded to the new DSOX-20 System.
On behalf of the Board of Directors, Rasmus Norling, Chief Executive Officer.
Forward Looking Statements
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SOURCE Poly Shield Technologies Inc.