Solucorp Ordered To Proceed To Mobilize On Army Ordinance Site and Newton Creek Project Completed
WEST NYACK, N.Y.--(BUSINESS WIRE)--July 7, 1999--Solucorp Industries Ltd. (OTC:SLUP) announced today that it has received an order to proceed to mobilize on site by July 12, 1999, by Roy F. Weston, Inc. to remediate hazardous soils utilizing its MBS(R) technology at the former Weldon Spring Ordnance Works in St. Charles, MO under primary contract No.:DACA41-97-C8002 with the Army Corps of Engineers (Press Release, July 8, 1998).
Solucorp previously announced start-up dates of Sept. and Oct. 1998 and Feb. 1999, however delays in on-site excavation have prohibited mobilization of the project by Solucorp until now.
The contract has been re-valued by the General Contractor at $204,800, as compared to the previously announced value of $352,000, due to a reduction in the tonnage of hazardous material identified to be processed.
The Newton Creek, Brooklyn, NY demolition and abatement sub-contract awarded to Solucorp by Environment Waste Technology, Inc. pursuant to General Contract numbered NC-28G with the New York City Department of Environmental Protection has been completed. Revenues from the project will total $1.38 million when fully collected as compared to the previously announced value of $1.1 million. |
