COMPANY DESCRIPTION:
Industrial Ecosystems,Inc.(IEI) is a By-product and Reclamation Management Company providing organic waste services utilizing value added technologies.Its goal is to develop its two main divisions (i.e. Cleanup, Remediation and Reclamation (CRR) division, and the Recovered Organic Products (ROP) division).
The Cleanup, Remediation and Reclamation (CRR) division conducts cleanup of hydrocarbon contaminated soil and provides biosolids and sludge management services. These services utilize a proprietary bioremediation process. Customers of this division include oil companies, Department of Defense, industrial manufacturers and governments.
The market for IEI's technology is worldwide, however its initial focus will be in the North American market. The market for the cleanup of hydrocarbon contaminated soil is huge; some of the cleanup programs may take 30 years to complete. The cleanup market is divided into eight segments, one of which includes underground storage tanks. This segment alone has 295,000 sites containing approximately 27 million tons of soil needing remediation. Over the next five years the Cleanup, Remediation and Reclamation (CRR) Division will continue to develop its market both at the site location and at a regional facility. The Company expects to remediate 13,250 sites at location and 1,365,000 tons of soil at a regional facility over the next five years. This represents less than 1% of market share.
The proprietary bioremediation process utilizes a consortium of microorganisms to bioconvert soil contaminated with petroleum products. This technology has vastly improved on prior art. The family of enzymes operates aerobically and anaerobically, and is therefore able to remediate in situ to a considerable depth, as well as ex situ very economically. This technology has been tested alongside other methods used by other recognized bioremediation firms and has been proven to be significantly more rapid and effective process than the competition.
The Recovered Organic Products (ROP) division provides recovery and recycling of organic waste into poultry and livestock feed and organic fertilizer and performs mobile on-site processing services. These services utilize proprietary stabilization processes. Customers of this division include fast food outlets, livestock producers, industrial, and commercial and institutional organic waste processors.
IEI has identified approximately 2,000 sites for Recovered Organic Products facilities of varying sizes, in North America. The Company expects to have 44 agri-satellites, 22 satellites and 3 regional facilities operational by the end of five years. Organic waste generated annually in North America is 1.7 billion tons. The proposed plants would require approximately 4.4 million tons per year, producing approximately 1.1 million tons of livestock feed or fertilizer per year. The market for livestock feed and fertilizers approximates 1 billion tons per year.
IEI has researched and developed a methodology to recycle and reuse many of the high quality waste by-products from food processing industry and other food wastes from commercial and institutional sources. This technology is the only food-recycling technology to win the support and endorsement of Agriculture Canada, an arm of the Government of Canada. |
