Solucorp Industries (CE) (USOTC:SLUP)
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From Jul 2019 to Jul 2024
Solucorp Industries, Ltd. (OTC:SLUP) announced that research and
development, conducted through independent laboratories and by the
Company’s Integrated Fixation System Company,
Inc. (IFS) subsidiary, has resulted in the first self-remediating Ni-Cd
battery. In development since 1995, the new battery neutralizes
hazardous nickel and cadmium within the battery’s
casing, eliminating the possibility of any heavy metals pollution upon
disposal after use.
Ni-Cd batteries contain Nickel and Cadmium, which are both toxic heavy
metals regulated by the EPA under the Universal Treatment Standards
(UTS). The UTS regulations have set the guidelines for determining
whether or not these metals are hazardous. In the U.S., a portion of the
price of a Ni-Cd battery is the fee included for its proper disposal at
the end of its life cycle.
The IFS technology, which utilizes the Company’s
patented proprietary Molecular Bonding System (MBS®)
technology, is integrated into the manufacture of the Ni-Cd battery so
that the toxic metal paste cannot migrate out of the battery -- either
during or after its useful life. IFS remains in a dormant state inside
of the battery and only reacts upon contact with the metal contaminants.
The technology does not impact the life cycle of the battery nor its
performance. Whether the Ni-Cd battery is disposed of in a proper or
improper manner, the IFS technology contained within the battery will
act as a permanent solution preventing toxic metals migration into the
environment. The cost-effective technology will also have no impact in
the ability of the battery cells to be recycled.
Ni-Cd batteries are used in portable consumer electronics such as power
tools, cell phones, and toys. They were developed as an alternative to
lead acid batteries because they are more physically and chemically
robust. As of 2000, 1.5 billion nickel cadmium batteries were produced
annually. Ni-Cd batteries require less care than traditional batteries
and are difficult to damage. They usually last longer and can be charged
or discharged at a faster rate.
In the European Union, the Restriction of Hazardous Substances Directive
(RoHS) bans the use of cadmium in electrical and electronic equipment
after July 2006 because of toxicity issues. In addition, there are sites
contaminated with nickel and cadmium because of the illegal disposal of
these batteries. European regulations now prevent the disposal of
hazardous materials in landfills -- impeding future sales of items
containing Ni-Cd batteries. This will dramatically affect both battery
and portable electronic manufacturers’ future
revenues. This presents an opportunity for Solucorp to integrate its
technology into the manufacturing process of existing battery
manufacturers throughout the world.
“The thought of self-remediating non-polluting
batteries was once a figment of the imagination and a dream of
environmentalists. It is now a reality. This is just one of many
revolutionary items Solucorp is prepared to offer for commercialization
and sales throughout the world,” states
Richard A. Runco, President of Solucorp Industries, Ltd.
Solucorp’s batteries will be manufactured in
China. Solucorp is actively seeking manufacturers, licenses, and
distributors for the battery within the U.S., Europe and worldwide.
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
metals 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 dealing 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, Ltd. (OTC:SLUP) announced that research and
development, conducted through independent laboratories and by the
Company's Integrated Fixation System Company, Inc. (IFS) subsidiary,
has resulted in the first self-remediating Ni-Cd battery. In
development since 1995, the new battery neutralizes hazardous nickel
and cadmium within the battery's casing, eliminating the possibility
of any heavy metals pollution upon disposal after use.
Ni-Cd batteries contain Nickel and Cadmium, which are both toxic
heavy metals regulated by the EPA under the Universal Treatment
Standards (UTS). The UTS regulations have set the guidelines for
determining whether or not these metals are hazardous. In the U.S., a
portion of the price of a Ni-Cd battery is the fee included for its
proper disposal at the end of its life cycle.
The IFS technology, which utilizes the Company's patented
proprietary Molecular Bonding System (MBS(R)) technology, is
integrated into the manufacture of the Ni-Cd battery so that the toxic
metal paste cannot migrate out of the battery -- either during or
after its useful life. IFS remains in a dormant state inside of the
battery and only reacts upon contact with the metal contaminants. The
technology does not impact the life cycle of the battery nor its
performance. Whether the Ni-Cd battery is disposed of in a proper or
improper manner, the IFS technology contained within the battery will
act as a permanent solution preventing toxic metals migration into the
environment. The cost-effective technology will also have no impact in
the ability of the battery cells to be recycled.
Ni-Cd batteries are used in portable consumer electronics such as
power tools, cell phones, and toys. They were developed as an
alternative to lead acid batteries because they are more physically
and chemically robust. As of 2000, 1.5 billion nickel cadmium
batteries were produced annually. Ni-Cd batteries require less care
than traditional batteries and are difficult to damage. They usually
last longer and can be charged or discharged at a faster rate.
In the European Union, the Restriction of Hazardous Substances
Directive (RoHS) bans the use of cadmium in electrical and electronic
equipment after July 2006 because of toxicity issues. In addition,
there are sites contaminated with nickel and cadmium because of the
illegal disposal of these batteries. European regulations now prevent
the disposal of hazardous materials in landfills -- impeding future
sales of items containing Ni-Cd batteries. This will dramatically
affect both battery and portable electronic manufacturers' future
revenues. This presents an opportunity for Solucorp to integrate its
technology into the manufacturing process of existing battery
manufacturers throughout the world.
"The thought of self-remediating non-polluting batteries was once
a figment of the imagination and a dream of environmentalists. It is
now a reality. This is just one of many revolutionary items Solucorp
is prepared to offer for commercialization and sales throughout the
world," states Richard A. Runco, President of Solucorp Industries,
Ltd.
Solucorp's batteries will be manufactured in China. Solucorp is
actively seeking manufacturers, licenses, and distributors for the
battery within the U.S., Europe and worldwide.
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 metals
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 dealing 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.