TITAN Technology Partners acquires ESP Consulting

Charlotte, N.C., (ANTARA News/PRNewswire-AsiaNet) - TITAN Technology Partners, a global provider of hosted and managed industry solutions, today announced it has acquired Singapore based ESP Consulting.

The ESP operations will be renamed TITAN ESP. ESP Consulting is a growing consulting and managed services provider focused on delivering SAP industry solutions to clients throughout Asia in growing industry segments including Engineering/Construction, Chemical Manufacturing and Financial Services.

ESP Consulting has deployed and managed SAP solutions for companies across the Pacific Rim including Singapore, China, Taiwan, South Korea, and Australia. The acquisition expands TITAN's capabilities in Asia for its global client base and significantly expands the suite of offerings available to ESP Consulting clients including IT Strategy, Hosting, Education Services/Training, Corporate Performance Management, and other ERP based platform solutions.

"The ESP Consulting acquisition is a unique opportunity to expand our global capabilities with an exceptionally talented team. We have respect for their leadership and envision our combination as a key step towards our continued development of an elite, global organization," stated Michael A. Vadini, CEO and Founder of TITAN Technology Partners.

Lok Min Chian has been appointed President of TITAN's Asia Pacific operations. Prior to the acquisition, Mr. Lok served as the Managing Director and Co-Founder of ESP Consulting and brings over 20 years experience in providing technology solutions running SAP. He and his team built ESP Consulting into a highly respected SAP solution provider throughout the APAC region. "The acquisition of ESP Consulting by TITAN Technology Partners is a strategic opportunity to deliver unprecedented full world-class solutions throughout Asia," stated Lok Min Chian, Managing Director of ESP Consulting. "Combining ESP's strengths with TITAN's global capabilities will enable us to better support our global clients with innovative solutions. We are simply elated to be joining the TITAN organization which shares our values and passion to serve our clients."

Soh Teck Leong has been appointed Vice President, Administration for TITAN ESP. Mr. Soh brings over 20 years experience in providing technology solutions which maximize technology investments for clients running SAP. Prior to the acquisition, Mr. Soh served as Director of Operations, China and Co-Founder of ESP Consulting. Prior to co-founding ESP Consulting in 1996, Mr. Soh managed SAP Asia's consulting team as Consulting Manager, delivering SAP solutions for SAP throughout Asia.

Lee Chin Pong has been appointed Vice President, SAP Services for TITAN ESP. Mr. Lee brings over 18 years experience in providing technology solutions which maximize technology investments for clients running SAP. Prior to the acquisition, Mr. Lee served as a Director of Operations and was a Co-Founder of ESP Consulting. Prior to co-founding ESP Consulting in 1996, Mr. Lee deployed SAP solutions throughout Asia for Andersen Consulting and Singapore Telecoms.

About TITAN Technology Partners:

TITAN Technology Partners is a global provider of hosted and managed industry solutions.

SOURCE: TITAN Technology Partners
CONTACT: David Pendergast of TITAN Technology Partners,
+1-704-357-7723,
dpendergast@s2v.com
Web site: http://www.s2v.com

COPYRIGHT © 2008 - ANTARANEWS

Sud-Chemie enters biodiesel market as manufacturer of benefuel

New Delhi and MT. Prospect, Illinois (ANTARA News/PRNewswire-AsiaNet) - Global Chemical Giant Picks Illinois-Based Startup with Indian Technology Benefuel, Inc., a new-generation biodiesel refining and distribution company, announced today an exclusive, world-wide manufacturing agreement with New Delhi-based Sud-Chemie India Pvt. Ltd. (SCIL), a joint venture of Munich, Germany-based Sud-Chemie AG, one of the world's largest catalyst companies.

Under the terms of the manufacturing and supply agreement, SCIL will manufacture the proprietary catalysts for Benefuel's biodiesel production facilities around the world.

"This partnership with SCIL validates the unique attributes of our catalyst technology and the ability of our business model to serve international markets," said Rob Tripp, CEO of Benefuel.

"SCIL has decades of experience with catalyst manufacturing, including extensive experience in the chemicals market. We're proud that SCIL picked Benefuel for its first foray into the biodiesel industry."

Benefuel's solid catalyst technology, developed by leading chemists and chemical engineers at India's prestigious National Chemical Laboratory (NCL), based in Pune, can turn most vegetable oils, animal fats or waste cooking oils directly into fatty acid methyl esters, without the need for costly pre-processing or post-process water washing.

Benefuel's ENSEL (TM) process, which employs these catalysts, also produces a highly pure glycerin co-product. The purity of this glycerin permits its direct conversion into other commercially attractive chemicals or to pharmaceutical grade glycerin, providing an additional revenue stream for biodiesel manufacturers. The catalysts can also be used with long-chain alcohols to produce premium biolubricant base oils.

"Sud-Chemie has long been active in the research, development and production of heterogeneous catalysts," said Arshia Lalljee, Managing Director of Sud-Chemie India, "and Benefuel's exclusive license to commercialize technology from NCL created an opportunity for SCIL to expand into new catalyst applications and to apply some of its own proprietary technologies to the biodiesel market. We are pleased to partner with NCL and Benefuel in commercializing the solid catalyst technology."

In October, Benefuel announced plans to construct the world's first industrial-scale biodiesel refinery to use its novel, solid catalyst.

Construction of the plant, to be located in Seymour, Ind., U.S., will begin in early 2008.

About Benefuel, Inc.

Benefuel, Inc. is a new-generation biodiesel refining and distribution company with a streamlined production process that allows for distributed and scalable biodiesel plants that leverage local resources, enable cost advantages for producers and distributors, and facilitate expansion of the biofuels market.

Benefuel's proprietary catalytic technology-developed by a world-leading chemical engineering laboratory-eliminates the need for washing biodiesel in the refining process and expands the range of viable feedstock options to include high FFA animal fats, crude vegetable oils and waste oils, thus reducing the environmental footprint of biodiesel production and ensuring consistent access to feedstocks across developing markets. Benefuel's refining process yields a market-ready, 98 per cent or higher, pure glycerin, eliminating the crude glycerin waste stream typically found in biodiesel production today and generating significant additional revenue.

Media Contact: Lonnie Shekhtman, Antenna Group (for
Benefuel) +1-415-977-1917, lonnie@antennagroup.com
SOURCE: Benefuel, Inc.
CONTACT: Lonnie Shekhtman of Antenna Group +1-415-977-1917,
lonnie@antennagroup.com, for Benefuel, Inc.

COPYRIGHT © 2008 - ANTARANEWS