Synthesis Energy Systems, Inc., an energy and gasification technology company, together with its subsidiaries, provides proprietary gasification technology systems and solutions to the energy and chemical industries worldwide. It offers U-GAS fluidized bed gasification technology to convert low quality coals, such as lignite, coal wastes, municipal wastes, and agricultural waste biomass to high value products, such as electric power, transportation fuels, and substitute natural gas fuel for direct reduction iron, steel making, and other products. The company also has rights to sublicense U-GAS systems to third parties for coal, and coal and biomass mixtures, as well as for biomass projects. In addition, it offers XL3000 gasification system for use in a range of synthesis gas projects, such as distributed power, direct reduced iron, steelmaking, industrial chemicals, fertilizers, synthetic natural gas, and transportation fuels. The company was founded in 2003 and is headquartered in Houston, Texas.