Press Release on carbon black progress:
biz.yahoo.com
Wednesday January 31, 9:05 am Eastern Time
Press Release
SOURCE: Titan Technologies, Inc.
Titan Reports Progress on Carbon Activation
ALBUQUERQUE, N.M., Jan. 31 /PRNewswire/ -- Titan Technologies, Inc. (OTC Bulletin Board: TITT - news) reports that the Company has made significant progress in producing activated carbon from carbon black generated in its pyrolysis tire recycling process, according to Ronald L. Wilder, President of Titan. Mr. Wilder said that initial test results were quite promising and could provide the inertia for moving forward to build the first plant in the United States using the Company's technology.
The test work has been performed during the last several months on several tons of carbon black shipped to Titan from Taiwan, where a licensee has been successfully operating a tire recycling plant using Titan's proprietary technology for more than two years. Initial tests consisted of successfully pelletizing the carbon black, which can otherwise be difficult to handle because the material is so fine -- similar to face powder. These efforts were followed by processing to activate the carbon under varying operating conditions using commercially available equipment, as well as additional laboratory scale tests to determine optimum conditions of activation.
Mr. Wilder reported that the work has been carried out using established equipment manufacturers and with a respected independent research chemist with internationally recognized credentials in dealing with activated carbon. The initial markets being targeted for use of the activated carbon are flue gas cleanup for coal burning plants and waste water purification for municipalities. Mr. Wilder also said that the Company was in preliminary discussions with a company specializing in marketing activated carbon and was quite encouraged on the basis of test results to date.
Titan's work will be continuing in the immediate future to confirm that activated carbon which consistently meets commercial specifications can be produced on a continuous basis. In addition, definitive estimates will be developed to determine additional capital and operating costs required to produce the activated carbon from pyrolysis carbon black. Mr. Wilder said that he did not expect that additional costs would be significant in comparison to the additional revenue which the Company believes can be generated from sale of activated carbon in comparison to carbon black. He reiterated that sale of activated carbon would solve difficulties previously encountered by the Company in marketing pyrolysis carbon black in U.S. and European markets, which has been a detriment to building or licensing new plants in these areas.
A Titan plant, operating at capacity, should produce approximately 250 barrels of oil and 50,000 pounds of carbon black per day. Activation of the carbon black is expected to reduce its bulk to approximately 30,000 pounds per day. If the quality of the carbon proves to be maintainable, Titan believes that it will have a readily marketable value for the activated carbon at a selling price which could range from $.50 to $1.00 per pound.
SOURCE: Titan Technologies, Inc. |
