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January 20, 2014
14:39 EDTMNGAMagneGas forms 50-50 joint venture with confidential partner
MagneGas said it formed a subsidiary joint venture with a confidential party. Supplemental Energy Solutions, a 50-50 joint venture, was formed between MagneGas and a confidential partner from the United States on January 16, to pursue coal co-combustion solutions in electric power utility companies. Preliminary internal testing being performed on a larger combustion unit is being observed by the major utility research center and is progressing positively. The 20% Carbon Dioxide reduction and other emission improvements seen in Sydney, Australia and at the MagneGas headquarters in Florida are being replicated consistently. The company believes these results may offer power companies and other industries a significant value.
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February 2, 2016
08:05 EDTMNGAMagneGas selected by Condotte America as fuel choice for meta cutting
MagneGas announced that Condotte America, has selected MagneGas2 fuel as its fuel of choice for metal cutting. Condotte conducted extensive testing of MagneGas2 under various conditions, has placed their initial orders and has indicated their intention to switch all metal cutting operations to MagneGas2. Condotte specializes in the construction of complex transportation projects that include roadway, bridges, interchanges, mass transit, and tolling facilities. Condotte has completed an extensive list of high profile projects in Florida for the Florida Department of Transportation, the Miami-Dade Expressway Authority, and several Miami Dade County agencies: from the Acosta Bridge Project in Jacksonville, FL to projects throughout the Eastern US, including the Chesapeake and Delaware Canal Bridge in Wilmington, Delaware and the Sidney Lanier Bridge Project in Brunswick, Georgia. In addition, Condotte has expanded its market reach beyond the US boundaries, establishing ventures in Panama and El Salvador, where they continue to build quality projects for new customers.
January 28, 2016
09:02 EDTMNGAMagneGas fuel selected by international bridge builder
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