WILTON, Connecticut, December 15 /PRNewswire/ --
Startech Environmental Corp. (OTC Bulletin Board: STHK), a fully reporting, award-winning, environment and energy company announced today that it has been notified by waste2greenenergy Limited (w2ge), the Company's exclusive distributor for the UK and Poland, that w2ge's wholly-owned Polish subsidiary SG Silesia Sp Z o.o. (SG Silesia) has entered into a formal contract with one of Poland's largest chemical companies, Zaklady Azotowe Kedzierzyn SA (ZAK), for the sale to ZAK of PCG syngas (Plasma Converted Gas (TM)) and steam from the Startech Plasma Converter System(TM) to be installed, owned and operated by SG Silesia within the grounds of ZAK's existing production facilities located in Kedzierzyn-Kozle in the southern Silesian region of Poland.
This new facility, initially processing 10 tons of high-value, industrial waste (feed stocks) per day, is expected to be fully operational in 2009. According to ZAK's December 8th announcement, once the installation is on-line, the capacity of the Plasma Converter processes will be increased by an additional 100 tons-per-day to substantially increase the amount of PCG syngas and steam provided to ZAK by the Plasma Converters.
Zaklady Azotowe Kedzierzyn SA is one of Poland's three largest chemical companies. ZAK is a major producer for the agricultural sector as well as for the plastics, lacquer and paint industries. ZAK holds 85% of the Polish market for oxo alcohols, and is looking to Startech's Plasma Converter System as an innovative way to reduce its dependency on natural gas whilst at the same time reducing production costs. ZAK was originally founded in 1949 and is based in Kedzierzyn-Kozle, Poland. The company currently operates as a subsidiary of Nafta Polska S.A. More information on ZAK can be found on the company's web site.
John Cameron, Chief Operating Officer of w2ge, said, Signing the formal contract with ZAK represents a major step forward for w2ge, and we are very pleased to have reached this stage with such a well-known and respected Polish company. There is still work to be done, but we share ZAK's excitement at the prospect of delivering increasing amounts of syngas and steam to ZAK using the Startech Plasma Converter System.
The w2ge team continues to have a very strong pipeline of future projects across Poland in various stages of advancement, and it remains committed to assisting Poland in dealing with its industrial waste streams whilst also providing an important source of clean, renewable energy for the Polish economy.
For information please contact w2ge: +44(0)207-630-1793
Joseph F. Longo, Startech president, said, The waste materials to be processed are really valuable feedstocks even though they were previously regarded as wastes. The PCG syngas produced, comprised principally of hydrogen and carbon monoxide, is a valuable source of clean energy, but in addition, these commodities are also in themselves valuable, chemical feedstocks for a very broad range of chemical industry products and uses.
About Startech - the environment and energy company
Startech is the internationally recognized, award-winning environment and energy company producing and selling its innovative, proprietary plasma processing equipment known as the Plasma Converter System.
The Plasma Converter System safely and economically destroys wastes, no matter how hazardous or lethal, and turns most into useful and valuable products. In doing so, the System protects the environment and helps to improve the Public Health and Safety. The System achieves closed-loop elemental recycling to safely and irreversibly destroy urban waste, organics and inorganics, solids, liquids and gases, hazardous and non-hazardous waste, industrial by-products and also items such as electronics-waste (e-waste), medical waste, chemical industry waste and other specialty wastes, while converting many of them into useful commodity products that can include silicates, metals and a synthesis-gas called Plasma Converted Gas (PCG).
Among the many commercial uses for PCG, is its use to produce Carbonless Electric Power from Startech Hydrogen, Gas-To-Liquid (GTL) fuels such as ethanol, synthetic diesel fuel and other higher alcohol alternative fuels. Startech Hydrogen, for commercial use and sale, can also be recovered from the PCG.
The Startech Plasma Converter is essentially a manufacturing system to process wastes, as feedstocks, and to produce valuable commodity products from those feedstock-materials that were previously regarded as wastes.
Startech regards all wastes, hazardous and non-hazardous, as valuable renewable resources and as feedstocks.
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding the development and commercialization of its Plasma Converter(TM) technology. All forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, failure of the customer to obtain appropriate financing for the project, general risks associated with product development, manufacturing, rapid technological change and competition as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Steve Landa, Startech, +1-888-807-9443, +1-203-762-2499 EXT 7, firstname.lastname@example.org; w2ge: +44(0)207-630-1793