CHARLOTTE, N.C., July 30, 2012 (GLOBE NEWSWIRE) -- CoaLogix, the leading provider of SCR management and catalyst regeneration technologies for selective catalytic reduction (SCR) systems used by coal and gas-fired power plants to reduce nitrogen oxides (NOx) emissions, today announced two high level additions to senior management. Jim Martin has been appointed Chief Commercial Officer (CCO) and Dr. Nicholas Pollack has been appointed Chief Technology Officer (CTO).
Jim Martin will lead continued growth in the company's service offerings, and will be responsible for the Sales and Marketing teams. Dr. Pollack will lead the technology team and focus on driving new product and process development efforts, further building upon the value we currently provide to our customers.
Mr. Martin was most recently with Dominion Resources as Senior Vice President responsible for Regulatory Affairs. Prior to that, he led construction of Dominion's $5 billion portfolio of new generation and environmental projects as Senior Vice President. Previously, he held the position of Vice President with Dominion responsible for the acquisition and development of all generation. He was also Vice President of Technical Services responsible for engineering, outage planning and project management for Dominion. Prior to joining Dominion, he worked with Peabody Coal as Vice President of Sales and Marketing and LG&E as National Coal Marketing Executive. He received his Master of Engineering Administration from The George Washington University and his Bachelors of Science, Mechanical Engineering from Virginia Polytechnic Institute and State University.
Dr. Pollack was most recently with Calgon Carbon Corporation in the role of Director of Business Development primarily focused on developing and commercializing Calgon Carbon's Mercury Sorbent Product line targeting coal-fired power plant emissions. Dr. Pollack led a wide range of initiatives at Calgon Carbon ranging from Process Engineering Design and Development to Manufacturing Process Development and Support. Dr. Pollack also has prior experience in coal research with the Department of Energy and refining/production with Exxon. Dr. Pollack received his PhD, Masters and Bachelor's degrees in Chemical Engineering from the University of Pittsburgh.
Bill McMahon, President and CEO of CoaLogix commented, "These hires complete the senior management team and show the commitment and dedication that CoaLogix and Energy Capital Partners have to the environmental market for our customers. With more demanding environmental compliance standards on the horizon associated with MATs and CSPAR, our clients demand innovative value added products and services to effectively maintain environmental compliance. We believe Jim's background in the Power Industry combined with Nick's track record of leading new product development will be assets in maintaining our position as a market leader in providing cost effective environmental compliance solutions for our customers."
About CoaLogix
CoaLogix Inc. is focused on providing innovative services to coal-fired generating facilities to reduce their environmental footprint through technology, optimization and efficiency improvements. CoaLogix owns SCR-Tech, LLC which is the leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately $1.5 billion of catalyst in their SCR systems. CoaLogix integrates leading-edge technologies, a highly skilled workforce, and more than 160 years of combined senior management experience in the environmental and power generation industries to provide innovative, cost-effective solutions that help our customers achieve and maintain compliance with increasingly stringent environmental regulations. CoaLogix' is owned by Energy Capital Partners.
CoaLogix has proven that regenerated SCR catalyst:
- Costs ~ 40% less than new catalyst
- Can be available in weeks, not months
- Eliminates the burden of land filling
- Requires 66% less CO2
- The performance is similar to new catalyst
To date, CoaLogix has regenerated over 30,000 modules of catalyst, many during actual plant outages. In addition, CoaLogix has over 45,000 MW under contract for catalyst management services. CoaLogix' NOxAssure program currently consists of over 7,000 modules of plate, honeycomb and corrugated catalyst of various specifications.
About Energy Capital Partners
Energy Capital Partners is a private equity firm focused on investing in the power generation, midstream gas, renewable and electric transmission sectors of North America's energy infrastructure. Energy Capital's management has substantial experience leading successful energy companies and energy infrastructure investments. Energy Capital has offices in Short Hills, New Jersey and San Diego, California. For more information, visit www.ecpartners.com.
For more information about CoaLogix, call (704) 827-8933, email at info@CoaLgix.com. Alternatively, contact the Press Contact:
Mr. James K. Martin
Chief Commercial Officer
jkm@coalogix.com
704- 414-4641 direct
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