(Source: Datamonitor)Synthesis Energy Systems, Inc., an energy and gasification technology company, has announced that that William Preston has joined the company as senior vice president of global business development and licensing. Mr. Preston will report to Robert Rigdon, president and CEO of SES. Mr. Preston succeeds Donald Bunnell, who will be leaving his executive post at the company.
"SES brings a wealth of clean energy gasification technology and capabilities to the global energy business at a time when world demand for affordable clean energy is on the rise. Low rank coal is an abundant resource that when combined with the right technology can produce clean, affordable, high value syngas and other products," stated Mr. Preston. ***********************************************************"I am excited to be joining the company at this important time as it strives to create value for its partners, customers, and investors through licensing transactions, operating joint ventures and coal resource ventures. I look forward to working closely with Robert and the entire SES team as we enter into new commercialization partnerships and joint ventures in global markets such that we can grow our business into its full potential." he added. ***********************************************************
CWK Price at posting:
91.4¢ Sentiment: Hold Disclosure: Held
