Transgasdevelopment

Transgasdevelopment

Coal Transformation for Agriculture, Industry and Jobs | TransGas.

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DateInvestorsAmountRound

$7.0m

Late VC
Total Funding000k
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TransGas Development Systems, LLC (TGDS) is a New York-based energy development company focused on converting underutilized coal reserves and methane gas into cleaner fuels and industrial chemicals. The company was founded in 2005 by Adam Victor, an energy entrepreneur who also founded its affiliate, Gas Alternative Systems, Inc., in 1981. Mr. Victor, who serves as President and CEO, has a background in engineering from Cornell University, an MBA from the Wharton School, and experience as a mining engineer and in power plant development. His career in the energy sector spans over four decades.

TransGas specializes in developing large-scale, complex energy projects for national governments and private entities, providing strategic solutions to accelerate economic growth and achieve greater energy autonomy. The company's business model centers on leveraging proprietary and proven technologies to transform mineral resources into high-value products. This includes converting coal and methane into gasoline, liquid fuels, industrial gases like methanol and hydrogen, and nitrogenous fertilizers such as urea. Its services encompass project development advice, on-site analysis, feasibility studies, and crisis response management for energy infrastructure.

A core component of TransGas's offering is the use of gasification technology, specifically the Uhde PRENFLO® process, to convert coal into synthesis gas (syngas) and then into liquid fuels or chemicals. This process is engineered to be a clean chemical conversion, permitted as a "Minor Source" under U.S. EPA guidelines. One of the company's flagship projects is Adams Fork Energy in Mingo County, West Virginia, a plant designed to convert coal into gasoline and LPG. More recently, the Adams Fork project has evolved into what is planned to be the world's largest negative carbon intensity hydrogen/ammonia project. This facility will use methane from local sources to produce over 13 million tons of ammonia per year, with production anticipated to begin in 2027. The project is situated on a site with resources for on-site carbon sequestration and does not rely on the public power grid. TransGas has also established projects in Kentucky and Brazil.

Keywords: coal gasification, clean energy, syngas, coal-to-liquids, ammonia production, methane conversion, energy infrastructure, project development, energy independence, industrial chemicals, fertilizer production, Adam Victor, Adams Fork Energy, Uhde PRENFLO, carbon sequestration, hydrogen production, energy autonomy, crisis response, gas alternative systems, Mingo County

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