INQ7 in Manila is reporting that the Philippines Department of Energy is seeking "US technology to turn coal into gasoline," but energy officials in that country are not naming the company. I'm going to make an educated guess and say Headwaters Inc. or Air Products and Chemicals Inc. Since both of these are public companies, I should make it clear that I own stock in neither and have no personal interest in whether either one, or neither one, has the Philippines deal.
Here's an excerpt from the report:
- THE DEPARTMENT of Energy is currently convincing a large American energy firm to bring to the Philippines its technology to convert coal into gasoline.
Energy officials said the technology would ease the country's dependence on imported crude and refined petroleum products.
Energy Undersecretary Peter Anthony Abaya revealed that negotiations were now ongoing with the American company, although there were still no firm commitments on whether the US firm would be investing in the country.
He declined to name the company, saying it would be more appropriate to do so once something concrete had been forged.
All he said was that the firm was involved in nanotechnology and coal-to-gasoline transformation. More here.