Geo2 Ltd. Green technologies Message Board

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Technology Stocks : Geo2 Ltd. Green technologies

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To: jmhollen who wrote (27)	5/19/2000 12:41:00 PM
From: richard badauskas	Read Replies (2) of 70

Understand that contracts/sales of technologies have started in China. Vertical Grease Separators - This technology was trialled in a kitchen at a Shenyang hotel under the supervision of local Chinese EPA authorities. The unit removes grease from kitchen waste and allows discharge of wastewater to the stormwater drain. The VGS units are already employed at McDonalds restaurants in Australia. The Chinese trials were succesful and I under stand that the first small order is forthcoming. The current Chinese practice is to allow grease loaded water to be flushed into the sewer system where it is treated at a local treatment plant. All restaurants pay substantial treatment fees. Switching to VGS allows treated water to go to the stormwater drain and avoiding treatment fees and taking pressure of the local treatment plant. This is a major plus for the local authorities. The units pay for themselves early in the second year of use. The sales potential is huge and sales overheads will be small as the density and numbers of customers are large in Shenyang alone. Understand that the population is around 3 million in Shenyang alone. IC-SEP Liquid Separators - A trial was conducted outside of Bejing at a local piggery where the IC-SEP was used to treat animal waste removing the solids from liquids. Some additional "tweaking" was required to handle ammonia discharge and this was solved by adding an additional small treatment circuit. A contract has been received for a small number of units. The potential here is also very substantial as potential exists to treat animal wastes on-site at a very large number of facilities. There are hundreds of industrial applications for IC-SEP, for pictures of the technology go to aircommunications.net We should have more photos shortly of the Chinese applications and they will be posted to the site as soon as they become available. The Chinese manufacturing Joint Venture (Shenyang) is now making the stainless steel parts for the Oil Water Separators and I would imagine will be employed to manufacture metal parts for the other technologies as sales orders ramp up. In the USA the GeoTech joint venture with METSS is now prceeding on several fronts. The pilot plant to treat computer circuit boards and remove plastics and metals should be up and running by the end of the third quarter. This pilot plant was funded by an Australian Government START grant for 50% of the cost of the first plant. The grant totals A$600,000 and is provided by the government to assist new and innovative technologies developed in Australia. The grants are like cash gifts and the government does not retain any interest in the technology. There is a second application of the METSS technology in another high tech field where metals need to be removed from failed products. Talks are underway with several very major US Corporations who need to recover and recycle these products. Understand that one agreement has already been struck and an announcement is expected shortly. Gulf-Tex trials are expected shortly in Texas on a new sludge dry process plant. Geo2 is funding this technology with a view to selling it world-wide. The technology claim is that it can take large volumes of solid waste at municipal treatment plants and very economically remove the liquid content. In Australia sales of the various technologies are now being made to a growing group of clients. The initial sales of single units for trial purposes are now generating new sales and additional applications. The Port of Brisbane Corporation is installing VGS + IC-SEP to treat bilge water discharge from all its vessels and to handle accidental diesel spills during refueling at its facilities in the Port. The OWS unit installed in a ship run by the authorities in the Port of Abu Dhabi is now undergoing trials but already a request has been received to set up a treatment system at a facility which contains a large store of drums containing oil wastes. Another application of OWS to treat oily discharges from compressor units may shortly receive a contract, treatment of solvents which can be treated by OWS under discussion as well as discussions in the USA to apply the technology to recovery of oil from uneconomic water filled oil fields. The IC-SEP treatment facility at Docklands in downtown Melbourne has also led to additional contracts. As the durability, dependability and reliability of the technologies becomes accepted by the market sales are expected to grow rapidly. Although sales revenues are still small, the number of clients is increasing along with repeat orders. Geo2 says that it expects sales to increase and to reach break-even and go into profitability in 2001.IMHO the markets for these types of products worldwide is very major.For photos, press releases go to aircommunications.net

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