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Gold/Mining/Energy : Eco Logic Company ( ELI ECO ) Update

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To: Mark Duess who wrote (224)11/19/1998 3:40:00 PM
From: Wai Lam  Read Replies (1) of 340
 
ECO LOGIC's Gas-Phase Chemical Reduction
Process Receives Worldwide Approvals for Hazardous Waste
Treatment

ROCKWOOD, ONTARIO--ELI Eco Logic Inc. (''ECO LOGIC'' or the ''Company'') (TSE-ELI) announced today recent
worldwide approvals from regulatory agencies and recognition from the international community for the use of ECO LOGIC's
Gas-Phase Chemical Reduction (GPCR) Process for hazardous waste treatment. These approvals continue to establish ECO
LOGIC's GPCR Process as a world leader for the treatment of hazardous organic contaminants.

Commercial Waste Treatment Technology Approval - Province of Ontario

On October 22, 1998, ECO LOGIC received a Provisional Certificate of Approval for a Waste Management System (No. A
821251) under Regulation 352 (Mobile PCB Destruction Facilities, R.R.O. 1990) of the Province of Ontario's Environmental
Protection Act, R.S.O. 1990. The permit is issued to ECO LOGIC for the use and operation of a commercial-scale GPCR
Process within the Province of Ontario, and allows for treatment of both PCB and non-PCB hazardous waste. Previous
full-scale operations in Ontario at General Motors were conducted under a demonstration permit. According to Mr. Jim Nash,
Vice President of Business Development with ECO LOGIC, ''the award of this permit represents a significant step in the
commercialization of ECO LOGIC's GPCR Process in Ontario''.

Renewal of Kwinana, Western Australia Licence

ECO LOGIC's waste treatment facility at Kwinana, Western Australia, has operated under direct licence from the Western
Australia Department of Environmental Protection (DEP) since 1995, treating PCBs and DDT pesticide wastes. Recently, the
DEP renewed ECO LOGIC's licence at Kwinana, and broadened it to include all organochlorine pesticides (OCPs) and other
polyhalogenated hydrocarbons. This amendment complements ECO LOGIC's recent announcement regarding a contract from
SHE Pacific Pty Ltd., acting on behalf of Orica Australia Pty Ltd., for Phase 1 of a project for the destruction of a large
stockpile of hexachlorobenzene waste (a byproduct of chemical manufacturing and a registered polyhalogenated pesticide).
Regarding the amendment, Bob Morse, Executive Vice President of ECO LOGIC, stated ''with this revised permit now in
place at our commercially-operating facility, we can demonstrate our efficacy for the treatment of organochlorine pesticides and
other polychlorinated hydrocarbon waste, which have been recognized by the United Nations and other international
organizations as significant human and environmental health hazards. The inventory of obsolete pesticides in developing
countries alone is in excess of 200,000 tonnes worldwide''.

Greenpeace Technology Assessment

The United Nations Environmental Programme (UNEP) Governing Council tasked the International Forum on Chemical Safety
(IFCS) to assess Persistent Organic Pollutants (POPs) which include, PCBs, dioxins, furans and pesticides, and develop
recommendations for international action. In support of the IFCS initiative, Greenpeace's International Science Unit prepared a
document entitled Technical Criteria for the Destruction of Stockpiled Persistent Organic Pollutants
(http://www.who.int/ifcs/isg3/d98-17b.htm). This document is the culmination of a world-wide review of technologies for the
treatment of POPs, and has been submitted for presentation at the next IFCS intersessional meeting in Yokohama, Japan, to be
held December 1 - 4, 1998.

The document presents Greenpeace's three technical criteria for POP destruction, and evaluates nine waste treatment
technologies, in addition to incineration. When compared to the technical criteria for POP destruction, ECO LOGIC is the only
waste treatment technology worldwide that has demonstrated it passes all of the criteria. Dr. Fred T. Arnold, Vice Chairman
and Chief Executive Officer, stated that ''this recognition by the scientific and environmental communities, coupled with ECO
LOGIC's highly successful regulatory approval history, establishes ECO LOGIC as a world leader in hazardous waste
treatment. When coupled with our record of demonstration and commercial operations, these endorsements provide a message
of certainty for our customers and collaborators.''

ECO LOGIC's business is to solve toxic chemical problems in a safe, permanent, cost effective manner. The ECO LOGIC
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, electrical equipment, contaminated soils, chemical warfare agents, petrochemical wastes, and
certain low-level radioactive wastes.
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