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Control consisting of 16 burners, control equipment and spare parts
TULSA, Oklahoma., November 30, 2022 /PRNewswire/ — ClearSign Technologies Corporation (Nasdaq: CLIR) (“ClearSign” or the “Company”), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while significantly reducing emissions, today announced that the Company has received the final purchase order to proceed with the final phase of the 20-burner project announced on March 29, 2022 for a California refinery.
The purchase order covers the manufacture and delivery of the remaining 16 burners, control equipment and spare parts. This order form follows the order form for a multi-burner test and four burners required for this test, and other ancillary items advertised on September 1, 2022. The work associated with September 1stst purchase order has moved into the final testing and demonstration phase. The 20 burners are to be installed in two heaters at the customer’s refinery site at California in 2023 during their scheduled shutdown for maintenance.
“We are very pleased with the progress of this project and to have received the final stage of this important commercial purchase order,” said Jim Deller, Ph.D., CEO of ClearSign. “We had previously mentioned that the timeline for this project had been shortened and we are pleased to be able to meet our client’s needs. This installation of our best in class ultra low NOx technology will be important to us as it is part of our market focus. of California and in a remarkable refinery.”
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products and technologies to improve key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, security and overall cost effectiveness. . Our patented technologies, incorporated into established OEM products such as ClearSign Core™ and ClearSign Eye™ and other sensing configurations, improve the performance of combustion systems and fuel safety systems in a wide range of markets, including energy (upstream and downstream oil production). flux refining), commercial/industrial boiler making, chemical, petrochemical, transport and energy industries. For more information, visit www.clearsign.com.
Caution Regarding Forward-Looking Statements
All statements contained in this press release that are not based on historical facts are “forward-looking statements”. You can find many (but not all) of these statements by searching for words such as “approaches”, “believes”, “hopes”, “expects”, “anticipates”, “estimates”, “plans ”, “intends”, “plans”, “will”, “should”, “could”, “may”, “will” or other similar expressions. Although management has based the forward-looking statements included in this press release on its current expectations regarding the Company’s strategy, plans, intentions, performance or future events or results, the information on which such expectations were based may to change. These forward-looking statements are based on a number of assumptions about future events and are subject to a number of risks, uncertainties and other factors, many of which are beyond our control, that could cause actual results actuals differ materially from these statements. These risks, uncertainties and other factors include, but are not limited to, our ability to successfully install our burners at the California Refinery and complete the planned project within the updated timelines, general business and economic conditions, performance of management and our employees, our ability to obtain financing, competition, whether our technology will be accepted and adopted and other factors identified in our Annual Report on Form 10-K filed with the Securities and Exchange Commission and available at www.sec.gov and other factors which are detailed in our periodic and current reports available for review at www.sec.gov. In addition, the Company operates in a competitive environment where new and unforeseen risks may arise. Accordingly, investors should not rely on forward-looking statements as a prediction of actual results. The Company disclaims any intention and, except as required by law, assumes no obligation to update or revise any forward-looking statements to reflect events or circumstances which occur subsequently or of which the Company subsequently becomes aware. .
SOURCE ClearSign Technologies Corporation
