Interviewee: Henry Fahman
Company: PHI Group, Inc.
Trading Symbol: PHIL
About Henry Fahman
Mr. Fahman has more than 30 years experience in general management, finance, investments and corporate strategy. He holds a B.S., Magna Cum Laude, in business administration from the University of California at Berkeley, with emphasis in finance and economic analysis and policy, and is a graduate of the Advanced Management Program (AMP166) from Harvard Business School. He has also attended other Executive Education programs at Harvard Business School and Stanford University, including Mergers and Acquisitions, Creating Corporate Advantage, and Advanced General Management.
Previously, Mr. Fahman served as a Resettlement Coordinator for the United Nations High Commissioner for Refugees. He is currently Chairman of PHI Capital Holdings, Inc., a wholly-owned subsidiary of PHI Group that provides M&A advisory and consulting services.
About PHI Group, Inc.
Undoubtedly, global demand for energy is one of the most pressing concerns for decades to come. According to the International Energy Agency (IEA), worldwide demand for coal over the next five years will continue marching higher, breaking the 9-billion-tonne level by 2019. Despite its efforts to moderate coal consumption, China will be joined by India, ASEAN countries and other countries in Asia as the main engines of growth in coal consumption, offsetting declines in Europe and the United States.
We have begun an ongoing acquisition program to accumulate coal assets in Indonesia to provide stable, long-term supplies to ASEAN countries, especially Vietnam, and other countries in Asia that need coal for coal-fired power plants, steel mills, cement and glass manufacturing plants, etc.
We have also partnered with Oceanoco, Inc., a U.S. company, to deploy and commercialize a breakthrough carbon capture technology that removes over 99% of post-combustion carbon dioxide (CO2) from fossil fuel power plants. This technology is based on a POPDICE (POrous Pressure Differential CO2 Extraction) process, which is integrated with catalytic acidification processes, to separate and harvest CO2 and other pollutants.