WESTLAKE VILLAGE, Calif., Feb. 9, 2015 (GLOBE NEWSWIRE) -- Applied LNG announced today that construction has started on the first liquefaction train of its Midlothian LNG Plant. Applied LNG recently closed a $22.5 million senior secured loan to complete the funding of this project.
Applied LNG's President and CEO, Cem Hacioglu, remarked, "We are excited to begin construction of the first of six liquefiers we will build in Midlothian. This facility will provide the State of Texas and the surrounding areas with much needed supply of environmentally friendly and economically beneficial LNG from a reliable source."
The first liquefaction train at the Midlothian Plant is expected to be completed in mid-2015. This will be the company's third liquefier along with the two currently in operation in Topock, Arizona, and will increase Applied LNG's production capacity to 258,000 LNG gallons per day.
About Applied LNG
Applied LNG is the second largest producer and distributor of Liquefied Natural Gas for alternative fuel use in North America. Established in 1995, the Company markets LNG to trucking, oilfield, marine, mining, construction, rail, industrial, and agricultural customers. Applied LNG provides full-service solutions that, depending on customer needs, can include LNG supply, delivery from a fleet of 49 LNG trailers, temporary or permanent fueling stations, equipment leasing, and training. Applied LNG supplies LNG produced with renewable natural gas to help customers improve their carbon footprint. The Company added a second LNG production train to the Needle Mountain LNG Plant located near Topock, Arizona in 2014. Applied LNG is currently building a new LNG production Plant located in Midlothian, Texas. For more information, visit www.appliedlng.com.
CONTACT: Cem Hacioglu President and CEO firstname.lastname@example.org
Source: Applied LNG