Startech Environmental Announces New Plasma Converter System For Municipal Solid Waste
Integration of Metals and Hydrogen Recovery and Electrical Power Generation
Systems Enable Customers to Process MSW at Zero Dollars per Ton
WILTON, Conn., June 1 /PRNewswire/ -- Startech Environmental Corporation
(OTC: Bulletin Board: STHK), a fully reporting company, today announced its
new Plasma Converter System for the safe and irreversible destruction of
Municipal Solid Waste (MSW). The new system integrates an automatic metal
recovery system operating before the Plasma Converter, as well as a hydrogen
recovery system and an electrical power generation system after the Converter.
The complete Plasma Converter System enables customers to process MSW at zero
dollars per ton.
Startech recently submitted a report on its new system to a large city in
the U.S. The report details how a 2,000 ton per day Plasma Converter System
can process MSW at zero dollars per ton.
The report also illustrates how a city can net more than $10 per ton by
recovering metals and hydrogen from its MSW and selling the materials on the
open market at current rates. It further explains that if a city ignores the
recovery and sale of metals and hydrogen, and receives no tipping fees, costs
will still be less than $39 per ton, far lower than current costs.
In addition, the report describes how a Startech MSW facility can be an
attractive low profile plant with no smokestack. It also outlines how the
blackout-proof facility can produce its own green electric power and not be a
burden to the electric grid.
"In 2001, U.S. residents, businesses and institutions, not including
industries, produced more than 229 million tons of MSW, which is approximately
4.4 pounds of waste per person per day," said Joe Longo, chairman and COO of
Startech Environmental. "Based on these figures, we project the market for our
MSW systems to be more than $100 billion in the U.S. alone."
About Startech Environmental Corporation
Startech Environmental (http://www.startech.net) is an environmental
technology company engaged in the production and sale of its innovative,
proprietary plasma processing equipment known as the Plasma Converter System.
The System achieves closed-loop elemental recycling to safely and irreversibly
destroy Municipal Solid Waste, organics and inorganics, solids, liquids and
gases, hazardous and non-hazardous waste, industrial by-products and also
items such as "e-waste," and other specialty wastes while converting them into
useful commodity products that can include metals, surplus energy and also
hydrogen for use and for sale. For further information, contact Joseph F.
Longo at 888-807-9443 or jlongo@startech.net.
Safe Harbor for Forward-Looking Statements
This press 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.
Contact:
David Resnic or Lorra Gosselin
Schwartz Communications
781-684-0770
startech@schwartz-pr.com |
