(EnergyAsia, February 15 2012, Wednesday) — Australia’s Environmental Clean Technologies (ECT) Limited said it has signed a Memorandum of Understanding (MoU) giving K-Coal Co Ltd exclusive sales and marketing rights for its Coldry technology in South Korea.

ECT chairman and managing director Michael Davies said K-Coal, a member of the S&J Group, is well positioned to participate in supplying Coldry coal into a large and growing thermal coal consumer industry in the country.

S&J chairman Kim Sung-Ryeal said: “S&J Group evaluated numerous coal drying technologies before we decided on Coldry. We like the fact that Coldry utilises a low temperature and low-pressure process, which means that the water released, is clean. S&J Group is a clean energy company and this is important to us. Also we are confident that ECT’s Coldry process is cost effective when compared to other technologies.”

Based in Busan city, S&J Group has diverse interest in energy distribution, food production, leisure, clean technologies and information technology.