IBEC Update
20th May 2009
Pursuit Dynamics plc (AIM: PDX), the developer and exploiter of the PDX platform technology, today provides an update on the trial installation of a PDX Ethanol Reactor Tower (ERT) with Iroquois Bio-Energy Company LLC (IBEC) of Rensselaer, Indiana.
The trial ERT operating at IBEC has been temporarily suspended due to the lack of adequate steam pressure and cooling inputs from the IBEC plant, as required by the ERT to operate inside its design parameters. Despite this, the ERT achieved the same ethanol yield performance as the long-term plant average. In order to achieve the optimum yield uplift from the ERT the Company is discussing the feasibility and timing of installing additional mobile steam and cooling units. Nevertheless, it is unlikely that the results of the testing will be available by the end of the month as previously envisaged. An update will be provided following further material developments.
