Solucorp Industries (CE) (USOTC:SLUP)
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From Jul 2019 to Jul 2024
Solucorp Industries, Ltd. (OTC:SLUP) announced today that
its exclusive Department of Defense licensing agent, Destiny
International Remediation Sales & Services, has expanded its reach and
has signed a worldwide sales and distribution sub-licensing agreement
for all Solucorp products with Theodor Wille Intertrade, GmbH (TWI), a
purchasing conglomerate headquartered in Switzerland.
Established in 1844 by Theodor Wille, TWI is a trusted supplier to
the U.S. military as well as U.S., European and Middle East
governments and is classified as a PRIME VENDOR as part of the U.S.
"Prime Vendor Program" developed by the U.S. Defense Logistics Agency
(DLA) and the Defense Supply Center Philadelphia (DSCP). The "Prime
Vendor Program" enables U.S. military and federal agencies to order
materials, services, equipment, and supplies directly from DLA through
a single commercial contractor.
Richard Runco, President of Solucorp, commented: "TWI provides an
immediate infrastructure for the sales, marketing, distribution, and
product awareness of all Solucorp's innovative Environmental
Remediation Products. The addition of TWI to our existing sales and
marketing team opens the sales door to domestic and worldwide
governments as well as major industrial clients. TWI's ability to move
within corporate, government, and political circles throughout the
world will bring a much-needed awareness of our innovative products to
those who make the decisions and pass the laws designed to improve our
environment."
Damion Del Toro, V.P. Business Development at TWI, said: "TWI has
reviewed Solucorp's innovative and cost-effective products and we
believe they will fit well into our worldwide sales and marketing
program. TWI also sees major benefits to Solucorp's coal-fired Mercury
Emissions remediation technology to America's and the world's future
energy needs."
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TWI will act as a direct seller of all Solucorp's patented and
patent-pending products currently available that include:
-- Molecular Bonding System (MBS(R)) Soil Remediation Technology -- A
U.S. Environmental Protection Agency (EPA) Superfund Innovative
Technology Evaluation ("SITE") proven product.
-- Coal Fired Power Generating Plant, Mercury Emissions Remediation
Systems -- Reduces mercury emissions to below new regulatory
requirements, which in turn will reduce dependency on foreign
fuels.
-- Coal Fire Power generating plant Mercury Ash Remediation System --
Remediates ash at bottom of power plant and incinerator emission
stacks.
-- Industrial Manufacturing "In-Line" MBS systems -- Attaches
directly to a manufacturer's production line, stopping metals
pollution at its source, therefore avoiding costly disposal to a
hazardous landfill.
-- Landfill liner systems -- Protects land and water supplies from
hazardous heavy metal waste breaching landfill perimeters.
-- All Integrated Fixation System RE-ME-DI-ATE products which have
been developed and are currently being marketed, including:
-- LEAD-OUT Paint Stripper -- Successfully strips and stabilizes
hazardous lead upon contact, allowing for disposal at
non-hazardous landfills.
-- Metal Stabilizing Packing Chips -- Prevents leaking of
hazardous heavy metals shipments. Continues to remediate any
metals already in the landfills upon contact with the
disposed-of chips.
-- Haz-Metal Blasting Additive -- Removes and remediates paints
containing metals using a high pressure spray system.
-- Haz-Metal Spill Decontamination Additive -- Mixes with a floor
sweep agent to remediate hazardous heavy metal contaminants in
industrial spills or accumulations.
-- Battery Self-Remediating Cores -- Used to surround the inner
casing of Ni-Cad and lead household and automobile batteries,
etc., to remediate metals waste once the useful life of the
battery has ended.
-- Paint Booth Filters -- Renders heavy metals removed from paints
used for airplanes, military vehicles, etc., non-hazardous upon
contact with the filter. Allows for non-hazardous disposal of
filters, resulting in the related reduction of disposal costs.
-- Green Ammunition (non-leaching bullets) -- Allows lead and
other metals munitions to self remediate once fired.
-- Safety Disposal Bags -- Protects and remediates metals
containing products such as computer boards, batteries,
thermometers, etc., upon disposal.
-- Coatings/Inks/Gels -- Creates protective laminate barrier when
applied to manufactured products that contain hazardous metal.
The laminate barrier will simultaneously neutralize the metal
contaminant upon disposal. The IFS Inks are screen print inks
that are laminated onto the surfaces of products, etc. IFS Gel
can be added to drains, sinks, and piping, remediating metals
collected in the object as well as metal wastes discharged into
sewers.
-- Blocks/Spikes/Pellets/Tablets -- Remediates upon injection into
soils, barrels, waterways, and other areas housing hazardous
metals and activates on factors such as moisture, time, or pH.
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With offices in 19 European countries and the U.S., in 2005, TWI
(www.twipv.com) generated sales revenue in excess of $250 million
through its established worldwide client base. TWI personnel consist
of former military personnel and logistics experts with local
expertise.
About Solucorp Industries, Ltd.
Solucorp Industries, Ltd. (www.solucorpltd.com) is a developer
and provider of patented, cost-effective, and permanent technologies
for the remediation and prevention of hazardous heavy metal
contamination. Solucorp operates 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
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.