Solucorp Industries (CE) (USOTC:SLUP)
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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.