From Eco Logic web site
Eco Logic Receives Contract from
US Department of Defense
Rockwood, Ontario - February 24, 2000 - ELI Eco Logic Inc. ("Eco Logic" or the "Company") (TSE-ELI) announced today that it was awarded a prime contract from the US Department of Defense to test its proprietary Gas Phase Chemical Reduction (GPCR) technology for destruction of the US Army's assembled chemical weapons. The contract, which will be completed this year, provides for payment to the Company of approximately Cdn$4.85 million in 2000. This contract finalizes the initial long lead procurement authority of Cdn$1.85 million, which was announced on February 7, 2000
Dr. Fred T. Arnold, Eco Logic's CEO, said:
"The ACWA program mandate -- to identify and demonstrate not less than two alternatives to the baseline incineration process for the demilitarization of assembled chemical munitions -- is one we are pleased to support. Under this contract, we will configure the results of our demonstration and testing, along with other proven technologies to supply a total solution for consideration by the Program Manager for ACWA. As a final deliverable item in this contract, the Company will prepare initial engineering and cost estimates for the scale of a GPCR plant of sufficient size to accommodate the demilitarization requirements of the two ACWA stockpile sites.
W are confident that the proven technologies, with which we are aligned, will satisfy all objectives for this phase of testing and that our technology will qualify for further consideration under the ACWA Program."
The US Army's Assembled Chemical Weapons Assessment (ACWA) Program was established to conduct demonstrations of technologies that destroy or decontaminate assembled chemical munitions components. To be considered under this program, destruction technologies must be mature and provide feasible alternatives to the Army's current "baseline" incineration process, and must be configured to provide a complete solution to the destruction of assembled chemical weapons. Technologies that demonstrate acceptance criteria may subsequently provide the basis for full-scale destruction plants at the Army's Bluegrass (KY) and Pueblo (CO) chemical weapon stockpile depots.
Eco Logic's GPCR process is a proven, general-purpose technology for the destruction of organic contaminants in a variety of media. Internationally accepted and EPA-tested, GPCR has been previously demonstrated at an Army facility to destroy agent, energetics, contaminated solids and process off-gases from chemical agent neutralization, and was recently demonstrated, under Army supervision, to successfully treat secondary waste in the form of contaminated worker protective suits.
Eco Logic's business is to solve toxic chemical problems in a safe, permanent, cost effective manner. The Process is an innovative technology that converts on-site, organic, hazardous waste into reusable or disposable products. This non-incineration process has gained high public and regulatory acceptance. Eco Logic's worldwide hazardous waste cleanup market includes PCBs, hexachlorobenzene (HCB), pesticides, dioxins, contaminated electrical equipment, contaminated soils, chemical warfare agents, and certain petrochemical wastes.
ECO LOGIC ANNOUNCES AGREEMENT WITH TORFTECH (CANADA) INC. FOR TREATMENT OF CONTAMINATED SOIL, SEDIMENT AND SLUDGE
Rockwood, Ontario - February 22, 2000 - ELI Eco Logic Inc. ("Eco Logic" or the "Company",) (TSE-ELI) announced today that it has entered into a strategic agreement with Torftech (Canada) Inc. ("Torftech") to jointly market an integrated solution for the treatment of contaminated soil, sediment and sludge. The agreement combines Torftech's TORBED® reactor system to separate contaminants from granular solids such as soil, sediment and sludge, with Eco Logic's Gas-Phase Chemical Reduction (GPCR) Process for destruction of the contaminants.
Dr. Fred T. Arnold, Eco Logic's Chief Executive Officer, said "We have always recognised that soil and sediment contamination constitutes a large potential application for which GPCR is proven, permitted and well-suited. We have, during my several years with the Company, sought a complimentary technology to provide efficient desorption of contaminants from soil to enable an efficient, non-incineration solution to this expanding market. Our objective has been to provide our site remediation partners a capability to treat up to 100 tons of contaminated material per day. Through investigation of the available options for high-rate desorption of contaminants, we concluded that a feasible solution lay in Torftech's TORBED reactor system. We are confident that the combination of Torftech's mature and efficient desorption technology with our proven destruction capabilities, offers a world-class integrated solution for contaminated soil and sediment treatment.
Torftech, located in Oakville, Ontario, is the North American operating arm of Torftech Limited, a company that originated in the United Kingdom in 1982 to develop and market the TORBED reactor systems. The first commercial application of the technology occurred in 1985, where it was used for vermiculite mineral processing at operating temperatures of 1250°C. There are now 11 major commercial plants operating in Europe for this application alone. TORBED reactors have also been used for other applications, including separation of organic compounds from soil and sediment. There are currently over 80 installations of the TORBED technology worldwide, including a 400 mm diameter TORBED reactor situated at Process Research ORTECH Corporation in Mississauga, Ontario, which is used for developing the technology to meet specific requirements.
Eco Logic and Torftech are currently pursuing contaminated soil and sediment treatment demonstration and/or remediation projects in Canada and the United States, including the Sydney Tar Ponds in Nova Scotia. In May 1999, Environment Canada announced that the federal, provincial and regional governments had set aside $62 million for the start of remediation efforts at the Sydney Tar Ponds, where approximately 700,000 tons of sediment contaminated with coal tar and PCBs await treatment. Approximately $12.6 million of the total has been set aside for study and assessment activities, including demonstration of promising clean up technologies.
Information available on United States Superfund Site Incineration projects indicates that in the last 10 years approximately US$980 million has been spent incinerating soil, sediment and sludge at 15 Superfund sites alone. The unit costs for incineration of the waste at these sites ranges from US$230 to US$4,800 per ton, with an average cost of about US$1,000 per ton. Eco Logic and Torftech expect that the unit cost for treating similar wastes using their combined, non-incineration technologies, will place their combined solution advantageously within this market, depending on the quantity of waste requiring treatment."
The TORBED/GPCR technologies can be implemented on-site, thereby eliminating the risk of spills and other mishaps associated with transport of the material to an off-site treatment location. For more information on the TORBED/GPCR combination for soil, sediment and sludge treatment, please see the Eco Logic web site: www.eco-logic-intl.com.
Eco Logic's business is to solve toxic chemical problems in a safe, permanent, cost effective manner. The Process is an innovative technology that converts on-site, organic, hazardous waste into reusable or disposable products. This non-incineration process has gained high public and regulatory acceptance. Eco Logic's worldwide hazardous waste cleanup market includes PCBs, hexachlorobenzene (HCB), pesticides, dioxins, contaminated electrical equipment, contaminated soils, chemical warfare agents, and certain petrochemical wastes.
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