Solucorp's IFS-2C Mercury Emission Control Technology Successfully Demonstrated at Two Coal Fired Energy Plants
July 24 2008 - 11:45AM
Business Wire
Solucorp Industries Ltd. (OTC: SLUP) announced that its patented
Integrated Fixation System, IFS-2C Mercury Emission Control
Technology marketed under the trade name MetalliFix by Charlotte,
NC�based CoaLogix, has been successfully demonstrated at two coal
fired power plants using wet flue gas desulfurization (FGD)
systems. The demonstrations targeted the IFS-2C�s ability to:
Reduce ionic mercury from flue gas emissions. Reduce elemental
mercury flue gas emissions while minimizing re-emission of Hg0
mercury. Integrate the Solucorp Mercury Emission Control system
into a working energy plant without interruption of its energy
production capabilities. Solucorp was successful in meeting all of
the above targets by reducing almost all ionic mercury emissions,
reducing elemental mercury to targeted levels while proving the
IFS-2C�s ability to integrate into the power plant�s wet scrubber
systems without causing interruption of the plant�s energy
production capabilities. The IFS-2C technology also remediates
mixed heavy metal contaminants, including elemental mercury,
contained within the wastewater and fly ash residue providing a
potential significant cost savings to the power plants. In January
2006 at the 9th Annual Electric Utilities Environmental Conference,
the U.S. Environmental Protection Agency (EPA,
http://www.epa.gov/airmarkets/mp) projected annual cost for
compliance with the Clean Power Act (S150) was $41.1 Billion
including mercury emissions control. Stringent environment
regulations, increasing energy demand, rising fuel prices, and
unstable foreign providers have brought coal to the forefront as a
viable energy solution due to the abundant domestic and worldwide
coal supply. Solucorp�s IFS-2C has successfully demonstrated its
ability to significantly reduce and/or eliminate the related
harmful mercury emissions associated with coal-burning energy
plants, opening the door for the transition back to coal as a
cleaner primary energy source. Noel E. Spindler, President of
Solucorp�s IFS subsidiary, said that, �We were able to successfully
integrate our technology into both of the existing facilities
without interrupting their on-going plant operations. With
continued successful demonstrations, increasing interest by the
coal burning power generating industry, and the marketing, sales
and implementation expertise of CoaLogix, we believe that the first
commercial sale of the MetalliFix (IFS-2C) product is imminent.�
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.
Solucorp Industries (CE) (USOTC:SLUP)
Historical Stock Chart
From Oct 2024 to Nov 2024
Solucorp Industries (CE) (USOTC:SLUP)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Solucorp Industries Ltd (CE) (OTCMarkets): 0 recent articles
More Solucorp Industries Ltd. News Articles