STT Enviro Corp Assists Miners in Making Money While Saving the Environment
May 27 2014 - 8:04AM
Marketwired
STT Enviro Corp Assists Miners in Making Money While Saving the
Environment
TORONTO, ONTARIO--(Marketwired - May 27, 2014) - STT Enviro
Corp. ("STT" or the "Company") (TSX-VENTURE:STT) is pleased to
announce the positive results of a study that indicate the
potential to decrease a customer's lime consumption by up to 40%.
In addition, the customer's operation could reduce its carbon
footprint by up to 2,600 tonnes of CO2 per year and realize savings
of over $350,000 annually, just by implementing the recommendations
put forth in the report prepared by the STT Enviro Corp Solutions.
The study was conducted on a lime slaking system used at an Ontario
mine site to control the acidity content within the milling
process. These types of systems are in wide use at mine sites
worldwide.
Through a series of customized tests, analysis of the customer's
water sources, water quality and the lime source available, the
Solutions group was able to identify several ways to improve the
efficiency the lime system. STT Enviro Corp Solutions identified
several performance issues and made recommendations that show the
potential to save over $350,000 per year or $1.7 million over a
five year period by decreasing their lime consumption by up to
40%.
Chief Executive Officer David Deacon commented, "This case study
perfectly echoes our mandate to help our customers reduce their
environmental footprint, cost efficiently. We have identified the
potential for customers to reduce their carbon footprint, while
making them money through improving the efficiency of their lime
systems. This is a win, win opportunity for any Company committed
to operating in an environmentally sustainable manner."
He continued, "Through this study, among others, we have
identified that operators are often consuming more lime than
necessary to operate their systems, a costly mistake that is easy
to fix through a low-cost System Optimization Study with STT Enviro
Corp Solutions."
To view the customer case study please click here.
STT Enviro Corp Solutions provides aftermarket support and
services for the mining, oil and gas and utility sectors. Through
our System Optimization Studies, Applied Care Programs, Parts and
Retrofit supply and Mechanical Audits, STT Enviro Corp Solutions
assists customers in maintaining their systems and improving their
overall efficiency, which often results in significant cost savings
for the customer.
Click here to
learn more about STT Enviro Corp Solutions.
About STT Enviro Corp.
STT Enviro Corp (TSX-VENTURE:STT) is an international supplier
of industrial processes and environmental solutions. We work with
the biggest and most respected names in the mining, oil & gas
and utility sectors by assisting them in reducing their
environmental footprint and improving their operational
efficiency.
Our three primary areas of business are in providing
engineering, project management and installation of bulk
material/chemical handling systems for the neutralization of
pollutants; supplying bolted steel tanks and glass fused to steel
tanks for liquid storage projects; and sales of parts and
aftermarket services to our customers to help them in maintaining
their systems and increasing overall efficiency.
STT Enviro Corp is focused on becoming a leading supplier of
environmental solutions by continuing to grow its business
organically and, longer term, to make strategic acquisitions at
prices that are financially accretive.
For more information, please visit our website at
www.sttenvirocorp.com.
Caution Regarding Forward-Looking Information and Non-IFRS
Measures
Forward-Looking Information
This news release contains certain forward-looking statements.
These statements relate to future events or future performance and
reflect management's current expectations and assumptions regarding
the growth, results of operations, performance, and business
prospects and opportunities. Such forward-looking statements
reflect management's current beliefs and expectations and are based
on information currently available to management of the Company. In
particular, statements regarding the future operating results and
economic performance are forward-looking statements.
Forward-looking statements involve significant risks and
uncertainties. A number of factors could cause actual events or
results to differ materially from the events and results discussed
in the forward-looking statements, including risks outlined under
"Risk Factors" in our Annual Information Form, which is posted at
www.sedar.com. In evaluating these statements, investors should
specifically consider various factors, including such risks as
Investment Risk; Business Valuations; Condition of Capital Markets;
Dependence on Key Personnel; General Economic Factors; Interest
Rate Risk; Competition; and Reliance on Key Suppliers. One or more
of these "Risk Factors" could cause actual events or results to
differ materially from any forward-looking statement. These factors
should not be considered exhaustive. Although the forward-looking
statements contained in this press release are based on what
management of the Company considers to be reasonable assumptions
based on information currently available to them, there can be no
assurance that actual events or results will be consistent with
these forward-looking statements, and management's assumptions may
prove to be incorrect. These forward-looking statements are made as
of the date of this press release, and none of STT nor its
directors assume any obligation to update or revise them to reflect
new events or circumstances. Undue reliance should not be placed on
forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of this
release.
Investor Relations:Holly HendershotDirector of Corporate
Affairs+1
905-875-5584hhendershot@sttenvirocorp.comwww.sttenvirocorp.com
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