Being in the right place at the right time is half the game, or so most people say. Having the right processes and systems in place doesn’t hurt either. If a company can make the two come together at the same time and get a little help along the way, shareholders are sure to be winners.
CSMG Technologies Inc., a technology management company, specializes in managing, marketing and developing companies and technologies from the Ukraine. The company’s current energy recovery projects include methane gas recovery systems. In the medical field, the company is pursuing tissue welding processes designed to eliminate the need for conventional wound closing practices. The company’s relationships with each product are varied according to need but, in a general sense, are oriented toward bringing the product to market in North America.
The methane recovery and transmission project has been in process for several years, with several methane systems in place since 2003. The potential for additional systems appears large as the US Environmental Protection Agency indicates that there are approximately 560 landfills currently suited for gas-to-energy systems. Depending upon how the criterion are presented and interpreted, this number is likely quite a bit higher (but from a strictly data point-of-view, one gets the idea.)
The company’s system, for instance, is suited for landfills that produce 1,750 cfm of methane gas (substantially less than the average permitted landfill), which makes the system available to smaller private and public municipalities or companies. The system, in general, also works well with existing transmission and generating systems. In the past, methane recovery systems were not able to remove the detrimental elements of methane off-gassing. With the company’s system, however, a majority of the negative elements of methane landfill gasses can be removed, making the gas more attractive to customers.
Past the obvious sales pitch and advantages that a recoverable energy source brings, there is another advantage that the company’s system brings to its customers. In place for some time, but often overlooked by many, energy credits are quickly becoming a solid commodity item on the trading floor. The company’s systems will easily enter a customer into the environmental energy credit commodities marketplace for an additional source of revenue. Not only will this decrease pay-back time for the system, but will turn it into a revenue generator.
Although the data is a year or so out of date, a Co2 energy credit can go for approximately $1-4 per ton of Co2 emissions reduction. Translated to methane, this would mean 18.5 Co2 credits for each ton of methane combusted. Given that this is a commodity market, further research into the market should be completed but, generally, the option is interesting. To learn more visit http://www.chicagoclimateexchange.com/
On the medical products side of the company’s activities, it is finding solid acceptance for its tissue closing product. There are several companies researching the best means to close wounds resulting from surgical and other invasive procedures, with varying degrees of success. The advantage that the company’s system brings to the heat fusing method is a lack of smoke during the process. When smoke is generated during a fusing process, it can mean that dangerous germs are transported with the smoke. In many instances, this puts health care workers in jeopardy. The company’s product eliminates this issue during the fusing process, making it safer for the health workers and cosmetically more pleasing to the patient, whose scarring is reduced.
The company does not stop with these two flagship products and continues to expand its product base. A deep sea welding application agreement is well along in the process, as is a program with oil and gas refining systems. CSMG Technologies Inc. has positioned and allied itself in several fairly lucrative sectors, and appears ready to take its piece of the pie. Gas, oil and healthcare are “the” sectors to be in at the moment. CSMG is in the right place at the right time to make some quiet profits down the road.
Let us hear your thoughts below: