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SLUP Solucorp Industries Ltd (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Solucorp Industries Ltd (CE) USOTC:SLUP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Solucorp Subsidiary WITS Completes Contract for Wastewater Treatment Plant in Keysville, Virginia

03/08/2005 1:00pm

Business Wire


Solucorp Industries (CE) (USOTC:SLUP)
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Solucorp Industries Ltd. (OTC:SLUP) today announced that its wholly-owned subsidiary WITS, Inc., has successfully installed its patented electrocoagulation system into the Town of Keysville's Wastewater Treatment Plant (Press Release 11/22/04). The selection of WITS for this project was made by F.L. Showalter, Inc., the general contractor on the project. WITS' electrocoagulation technology was specified for copper removal from the Keysville waste stream by B & B Consultants, a Virginia-based engineering firm which had conducted an extensive review of WITS' technology capabilities. WITS' proprietary technology utilizes electrocoagulation to remove contaminants from wastewater. Although electrocoagulation has been utilized for almost 100 years, WITS' patents focus on proprietary technologies that refine the process to increase contamination removal. WITS' system costs less to install and lowers daily operating costs while eliminating environmental problems such as metals pollution which are encountered when using biological wastewater treatment systems. WITS' electrocoagulation is a process based on the use of strong electric fields and electrically induced oxidation and reduction reactions. This process can in most cases take out more than 99 percent of heavy metals and is also able to kill microorganisms in the wastewater. It is also able to precipitate charged colloids (organics and inorganics) and remove significant amounts of other ions (heavy metals) colloids and emulsions. This contract marks the first for WITS that uses the company's proprietary new plate and frame chamber design, which in addition to other cost benefits simplifies maintenance and cleaning. The installation of this system took place on Wednesday July 27th, 2005 and serves as a model to be utilized by WITS for sale of similar units to the wastewater treatment industry. Richard Runco, President of Solucorp states, "Solucorp/WITS offers a turn key solution to private companies and municipal, state, federal, and governmental agencies experiencing wastewater contamination and all other metal pollution problems in the air and soil." About WITS Inc. WITS Inc., founded in 2001, has developed a proprietary line of electrocoagulation products that provide advantages in most of the wastewater/waste treatment sectors. In addition to pricing advantages, the WITS EC system produces a better water end result while using fewer harmful chemicals. The major water/wastewater areas where the WITS technology can be utilized with significant benefits includes water utilities; wastewater utilities; sludge processing; combined sewer overflows; industrial pretreatment; offshore oil rigs; livestock industry and in food processing plants. About Solucorp Solucorp Industries Ltd. consists of WITS, Inc., Solucorp and Integrated Fixation System, Co., three companies involved in the environmental remediation industry, see web site www.solucorpltd.com. Solucorp's patented Molecular Bonding System (MBS(R)) technology can clean up and treat wastes where heavy metals are present by chemically binding those metals so that they will not leach and contaminate the groundwater. The MBS technology has been used throughout the East Coast in states including New York, Massachusetts and Rhode Island. Solucorp's MBS technology can be reviewed on the EPA website at www.epa.gov by typing in the New Search Space, "Molecular Bonding System". This technology is also presented in a periodical produced by the EPA titled Superfund Innovative Technology Evaluation ("SITE") Program, Technology Profiles Edition, and Demonstration Program. About Integrated Fixation System The Integrated Fixation System (IFS) technology was developed from Solucorp's EPA "SITE" Program proven MBS (R) process. The IFS technology deals with pollution prevention rather than existing contamination problems. IFS can be integrated into many types of product applications. IFS prevents future contamination from heavy metals such as lead, mercury, arsenic, chromium (hex or tri), cadmium, zinc, nickel, selenium, antimony, barium, beryllium, silver, thallium and vanadium. IFS can be applied through a multitude of delivery systems both as solids and non-solid. The solid compound delivery systems include, for example blocks, tablets, spikes and flakes. Some examples of non-solid delivery systems include, for example laminates, inks, pastes powders, gels, and slurries. IFS can be designed to activate and release under conditions such as exposure to light, pressure, acids, natural oxidation, etc. IFS has no limitations in how and where it can be integrated into metal containing products. Customized products can be designed and manufactured to meet specific needs. 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 payments 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.

1 Year Solucorp Industries (CE) Chart

1 Year Solucorp Industries (CE) Chart

1 Month Solucorp Industries (CE) Chart

1 Month Solucorp Industries (CE) Chart