PHG Energy, the Nashiville-based gasification company, has acquired multiple intellectual property assets and a municipal gasification plant in the bankruptcy of Florida-based MaxWest Environmental Systems Inc.
PHG Energy President Tom Stanzione said the acquisition will enhance the company’s ability to diversify its offerings in the waste-to-energy marketplace. “We see significant value in what they had accomplished both in technology as well as furthering the recognition of gasification as a key element in waste-to- energy solutions. We determined that adding this technology to our portfolio would allow us to both explore new markets and better serve our current and future customers,” Stanzione said.
“They had made a very significant investment in development of new technology to cleanly dispose of biosolids through gasification,” he added. “What they successfully accomplished has real value to a company like ours as we look at ways to deploy new and varied methods and systems in the marketplace.”
Stanzione said PHG Energy is now engaged in detailed scientific and engineering evaluation of the former competitor’s technology, and the primary focus will be on how it will complement the current offerings of PHG Energy. “We are a solutions provider in the waste-to-energy field,” Stanzione said, “and this additional technology will improve our offering to commercial customers and municipal communities who need new solutions to address the problem of waste by turning it into an immediate source of clean energy.”
PHG Energy also announced that Jeff Snyder has joined the company to lead the sales division. The MaxWest began in 2008 and ceased operation of its Sanford, Florida installation that served three cities in the region in May of 2013.