Kentucky World Trade Center
ANNOUNCEMENT
For
Immediate Release
November
4, 2009
Contact:
Ying Juan Rogers, Vice
President
859-258-3139, 859-494-6631
(cell)
_______________________________________________________________________________
LEXINGTON, KY – November 4, 2009 – The Kentucky Coal and Mining Trade Mission, lead by
Ying Juan Rogers, Vice President of the
Kentucky World Trade Center, recently returned from a successful 10 day trip to
South Africa. During the visit, the delegation met with professors at the
Chemical Engineering Department of the University of Cape Town; US Department
of Commerce in Johannesburg; the South Africa Department of Mineral and Energy;
the South Africa Trade and Investment department; and Council for Scientific
and Industrial research.
Delegates also visited Sasol
(South African Coal, Oil and Gas Corporation), which introduced the group to
private sector coal operations on the African continent. Sasol is a South
African company involved in mining, energy, chemicals and synfuels. In
particular, Sasol produces petrol and diesel from coal and natural gas using
the Fischer-Tropsch process. Delegates visited an underground Syferfontein mine
and coal-to-liquid (CTL) operations in Secunda. Sasol’s primary business is
based on CTL and gas-to-liquid (GTL) technology, which differentiates the firm
from other petrochemical companies.
One of the highlights of the
trade mission was a tour of the coal terminal in Richards Bay. Richards Bay Coal Terminal (RBCT) is one of
the largest export coal terminals in the world. Opened in 1976 with an original
capacity of 12 million tons per annum, it has grown into an advanced 24-hour
operation with a design capacity of 76 million tons per annum.
South Africa is the world’s
second-largest coal exporter after Australia. Its mining industry is
well-developed and sophisticated. It is also the mining technology and services
hub for mining operations for most African countries. Delegates learned about
South Africa's dynamic and growing coal and other mining sectors; gained an
understanding of the opportunities that exist in the (South) African market for
U.S. companies; and discovered successful market entry strategies, including
how to develop business with the right South African partners.
In sum, the trade mission was
productive and fruitful. One of the delegates successfully signed a distributor
agreement with a South African company. Sasol is very interested in exploring
opportunities for a possible Coal to Liquid Plant in Kentucky in near future.
Delegation members include:
Jeffrey Brock from Alliance Coal, James
Booth, Mark Campbell and Ted McGinnis
from Booth Energy, Chester Thomas from Green
River Collieries, Jon Yingling from Institute
for lean System; Donald Newell from Department
of Energy and Independence, John H.
Waugh from PHOENIX Process
Equipment and Dr. Donald Challman from The
University of Kentucky Center for Applied Energy Research.
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The Kentucky World Trade Center (www.kwtc.org) is a non-profit membership
organization helping Kentucky companies import, export and establish overseas
operations. With offices in Lexington and Louisville, the KWTC offers
counseling, market research, country programs, trade education seminars,
cross-cultural training, trade missions, and referrals to local international
service providers. The Kentucky World Trade Center is part of the World Trade
Centers Association in New York (www.wtca.org),
which administers over 300 World Trade Centers in over 90 countries.