Solucorp Industries (CE) (USOTC:SLUP)
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From Jul 2019 to Jul 2024
Solucorp Industries (OTC: SLUP) today announced that its IFS-2C mercury
emission control technology was successfully demonstrated at Michigan
South Central Power Agency’s Endicott Station
coal-fired energy plant near Litchfield, Mich. The demonstration was
performed under the terms of a Memorandum of Agreement (“MOA”)
between Solucorp Industries Ltd. and Babcock & Wilcox Power Generation
Group, Inc. (“B&W PGG”).
B&W PGG will continue to assist Solucorp with engineering, laboratory
research and field-testing of this technology and expects to complete
additional demonstrations at larger coal-fired plants.
Noel Spindler, President of Solucorp’s wholly
owned subsidiary, Integrated Fixation System Company, stated, “Mercury
emission are a major issue facing today’s
power industry. New, stringent discharge regulations are leading
operators of coal-fired power plants to search for cost effective and
permanent solutions to address these emissions, and we believe our IFS
technology will meet their needs.”
“This demonstration marks the next major step
toward Solucorp’s goal of commercializing its
IFS mercury emission control technology in the worldwide mercury
emissions control market,” he continued. “We
have great confidence in the capabilities of our technology and look
forward to our continued work with Babcock & Wilcox to commercialize the
use of our technology in coal-fired furnace applications all over the
world.”
About Solucorp Industries Ltd.
Solucorp Industries Ltd., www.solucorpltd.com
is a provider and developer of cost effective and permanent technologies
for the remediation and prevention of hazardous heavy metal
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.
Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) is a major
operating unit of The Babcock & Wilcox Company, a wholly owned
subsidiary of McDermott International, Inc. B&W PGG is a world leader in
the power generation industry and designs, engineers, manufactures,
services and constructs steam generating and environmental equipment for
utilities and industries worldwide. It is located on the internet at www.babcock.com.
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.