SubscribeProsonix Announce The Signing of a License Agreement For World Wide Exploitation of Proprietary Sonocrystallization Technology
Prosonix Limited (Oxford, UK) announce the signing of a far reaching License Agreement for the commercial application of Prosonix's proprietaryC3 sonocrystallization technology at Alcoa's alumina refineries worldwide.
Alcoa is the world's largest manufacturer of alumina with a global capacity of almost 15 million tonnes per annum, operating 9 refineries on 5 continents.
The License Agreement represents the culmination of almost 18 months of testing and pilot trials both in Europe and at Alcoa's Technical Centre in Kwinana Western Australia. It is the second such deal Prosonix has concluded with a major alumina player.
Alumina is principally manufactured using the common Bayer process and is employed at over 50 alumina refineries worldwide, with total production exceeding 60 million tonnes in 2005. Demand for alumina and related products shows continued growth over the long term. Cost effective solutions that can increase production from existing assets are therefore highly prized.
Prosonix will also provide Alcoa with bespoke ProsonitronTM sonocrystallization reactor systems to those locations where it is applicable, with the first such system expected to be operational in late 2006. Importantly, being of a small footprint and consuming minimal power in its ability to achieve significant process and productivity benefits with minimal running costs, the Prosonix C3 sonocrystallization technology meets all the requirements for sustainable development, a key industry driver in the 21st Century.
Commenting on the Agreement, David Hipkiss, CEO of Prosonix said:
"The Prosonix team are delighted to have signed this Agreement with Alcoa, the worlds foremost and leading alumina producer. It represents a significant milestone for us in the alumina market and develops further confidence in our technology and business model. Alcoa have proved to be an excellent partner with their willingness, commitment and vision to evaluate new technologies contributing substantially to our success. We look forward to working with them in the years ahead."