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TEXACO GASIFICATION TECHNOLOGY SELECTED FOR FERTILIZER PLANT IN CHINA; SECOND GASIFICATION LICENSE AWARD IN 1992

TEXACO GASIFICATION TECHNOLOGY SELECTED FOR FERTILIZER PLANT IN CHINA;
 SECOND GASIFICATION LICENSE AWARD IN 1992
 WHITE PLAINS, N.Y., April 20 /PRNewswire/ -- Texaco Inc.'s (NYSE: TX) Alternate Energy group today announced that its coal gasification technology has been selected for a fertilizer plant to be located near the city of Xian, China. This is the second Texaco gasification facility to be licensed in China this year.
 The Weihe Chemical Fertilizer Plant, under license from Texaco Development Corporation, will gasify coal to produce ammonia, an important component of fertilizer. When completed in 1996, the plant will produce 300,000 tons per year of ammonia, which will in turn be used to produce 520,000 tons per year of urea fertilizer.
 Located in the largely agricultural Shaanxi Province, the plant will significantly increase domestic fertilizer production, a major goal for China in order to help reduce its long-time reliance on imports of fertilizer, and to improve its balance of trade. The plan will gasify 1,500 tons per day of coal. (A comparably-sized plant in the United States would cost in excess of $350 million.)
 "By utilizing the Texaco Gasification Process, the new Weihe Chemical Fertilizer Plant will make use of coal, China's most abundant energy resource, to produce fertilizer in an environmentally superior manner," said David C. Crikelair, vice president of Texaco Inc. and head of Texaco's Alternate Energy and Resources Department. "This Texaco technology is now finding applications in a variety of projects for cogeneration, combined cycle power generation, fuel gas production and chemical manufacturing."
 The Texaco Gasification Process is a versatile technology that can utilize coal, heavy oil, waste gas, petroleum coke and other hydrocarbon feedstocks to produce a clean-burning synthesis gas for a variety of industrial products, fuel and electricity in an environmentally-sound way.
 Texaco recently announced that a technology licensing agreement has been finalized for a gasification plant in the city of Shanghai, China. The Shanghai Coking and Chemical Plant will gasify 1,100 tons of coal per day to produce town gas and chemicals.
 The Weihe and Shanhgai plants will bring to eight the number of Texaco-licensed gasification plants operating in China, producing fuel and chemical products for a variety of purposes. The first Texaco gasification plant in China was licensed in 1978. Since then, four gasification plants have been constructed to use heavy oil to produce ammonia and other chemicals. In addition, two other coal gasification projects are under construction: the gasifier at the Lunan Fertilizer Plant (Shandong Province) will produce ammonia for fertilizer production; and the Shougang Plant (Beijing) will produce a fuel gas for industrial use.
 Texaco's Alternate Energy group is directing an initiative to commercialize and license a number of technologies, including the Texaco Gasification Process. The Texaco Gasification Process is unique because of its ability to utilize different feedstocks -- including coal, heavy oil, petroleum coke, waste gas and other hydrocarbons -- to produce a clean-burning synthesis gas for use in the petroleum industry, chemical manufacturing and electric power generation.
 Terms of the agreements are not disclosed. Texaco Development Corporation is the patent and licensing subsidiary of Texaco Inc.
 -0- 4/20/92
 /CONTACT: Chris Gidez of Texaco Inc., 914-253-6170/
 (TX) CO: Texaco Inc.; Texaco Development Corporation ST: New York IN: OIL SU: CON


GK -- NY026 -- 9928 04/20/92 10:02 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
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