Solucorp's IFS-2C Mercury Emission Control Technology Continues to Draw National Interest With New Demonstration at Mega Coal Fi
February 06 2008 - 7:00AM
Business Wire
Solucorp Industries (OTC: SLUP) announced that its IFS-2C mercury
emission control technology is scheduled to be demonstrated in
March at a mega coal fired energy plant on a large coal fired
boiler burning bituminous coal. The energy company has accepted a
proposal from Environmental Energy Services, Inc. (EES�), a
licensee of Solucorp, to demonstrate the technology in a wet FGD
system and issued a purchase order on January 11, 2008 for the
IFS-2C process. The scope of work will be completed over several
phases in harmony with plant operations with the demonstration
expected to be completed in April 2008. The initial site
walkthrough was completed by Solucorp on January 21, 2008.
Solucorp�s patent pending IFS-2C mercury emission control
technology has already been successfully demonstrated in a live
coal fired furnace facility in Litchfield, Michigan, as announced
on January 23, 2008 The technology is unique in its� ability to
remediate mixed heavy metal contaminants, including elemental
mercury, contained within the wastewater and fly ash residue.
Solucorp�s IFS-2C technology reduces inlet vapor-phase Hg0
(elemental mercury) while preventing mercury re-emissions and
preserving gypsum purity. �We believe that more coal fired energy
companies are taking a proactive approach toward correcting the
mercury emission control problem facing coal-energy providers today
as they begin to deal with new stringent clean air requirements,�
noted Noel E. Spindler, President of Solucorp�s IFS subsidiary.
�This demonstration sets the stage for commercialization of the
IFS-2C technology for use in coal burning power plants.�
Headquartered in Sandy Hook, Connecticut, Environmental Energy
Services, Inc. (EES) is Solucorp�s North American marketing arm for
its IFS-2C mercury remediation technology in the expansive U.S.
coal-burning utility market. EES is deploying its national sales
network to actively promote IFS-2C to regions requiring efficient
solutions to mercury emissions concerns. Given the market dynamics
around the IFS-2C technology, EES anticipates securing several more
purchase orders for full-scale demonstrations, with the primary
goal of generating revenues from sale of the IFS-2C chemical
reagent in 2008. Mark Pastore, VP Technical Development for EES,
commented, �EES is very excited about working closely with Solucorp
on this upcoming project to meet or exceed the facility�s
objectives. A successful demonstration will not only elevate the
Solucorp IFS-2C platform, but will enable EES to provide our coal
customers with a successfully proven innovative mercury control
technology.� Solucorp has recently added two consultants to its�
staff in anticipation of the transition from research and
development to commercialization of its IFS-2C technology. John F.
Oakley, chemical engineer, is a profit and action oriented General
Manager with 30 years of accomplishments in the chemical and
related industries with a diverse functional background in sales,
marketing, operations and R&D. Oakley�s strength is in planning
and business development and his focus will be on the continued
introduction and development of the IFS-2C technology to the energy
industry. Jeff Cohen, Ph.D chemical engineer, performs consulting
services in business development, commercialization of new products
/ technology and process development. Cohen is the holder of
numerous patents and also has hands on experience in business
development, process engineering, and chemistry. About
Environmental Energy Services, Inc. EES www.eescorp.com is a
leading provider of fuel treatment programs for utility companies
in the United States, Mexico, and several other countries. EES is
committed to defining and advancing fuel treatment technologies,
and to the introduction of new products and systems which are
increasingly more efficient, cost effective, and responsive to
utility and industry needs. About Solucorp Industries Ltd. Solucorp
Industries Ltd., www.solucorpltd.com is a developer and provider of
cost effective, permanent technologies for the remediation and
prevention of hazardous heavy metal (including lead, mercury,
arsenic, chromium, copper, zinc, nickel, selenium and cadmium)
contamination. Solucorp is the owner of several patents and
numerous additional patents that are pending. Solucorp Industries
Ltd. has three wholly owned subsidiaries: Solucorp Industries,
Integrated Fixation System Company, Inc., and WITS, Inc. The
foregoing discussion contains forward-looking statements, which are
based on current expectations. Actual results, including the
outcome of demonstration results, timing and amount of revenues
recognized, contracts awarded and performed and net income may
differ due to such factors as: delays in payment on contracts due
to dealings with governmental and foreign entities; fluctuations in
operating costs associated with changes in project specifications;
economic and other conditions affecting the ability of prospective
clients to finance projects; and other risks generally affecting
the financing of projects. Investors are cautioned to perform a
proper due diligence and consult licensed professionals prior to
making an investment decision.
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