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

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To: Tom Jordan who wrote (240)3/23/1999 1:32:00 PM
From: J. Kerr  Read Replies (1) of 340
 
Second phase of Orica Australia contract announced:

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: ELI ECO LOGIC INC.

TSE SYMBOL: ELI

MARCH 23, 1999

ECO LOGIC Announces Second Stage Of Contract To Destroy
HCB Waste

ROCKWOOD, ONTARIO--ELI Eco Logic Inc. ("ECO LOGIC" or the
"Company") announced today receipt of a contract from SHE Pacific
Pty Ltd, acting on behalf of Orica Australia Pty Ltd., for Phase 2
of a contract aimed at the destruction of a large stockpile of
hexachlorobenzene HCB) waste. As in the first contract phase,
announced in October 1998, Phase 2 destruction trials are in
support of the Hexachlorobenzene Waste Management Plan of the
Australian and New Zealand Environment and Conservation Council,
which addresses the eventual remediation of 8,000 tonnes of
scheduled HCB waste presently stored in drums in secure storage.

Mr. Robert Morse, Executive Vice President for ECO LOGIC and the
executive in charge of this initiative, said: "The current work
represents the next step in a progression of evaluation to
demonstrate and evaluate the use of Gas Phase Chemical Reduction
for the safe, efficient destruction of HCB. The initial work,
conducted with our engineering subcontractor, Kvaerner Process
Services, was successfully completed in December, providing a
level of assurance on our part and that of SHE Pacific that full
scale trials at our plant in Western Australia will yield valuable
operating and engineering information from which design
initiatives to achieve optimum performance can proceed. A major

advantage, in addition to the proven efficacy of our process for
the safe destruction of chlorinated hydrocarbon waste material, is
the availability of a permitted, commercial facility for
operational test and demonstration. We expect that trials at
full-scale will continue to demonstrate that our process offers an
excellent solution for HCB waste destruction, and that they will
yield a wealth of new information, which will enable ECO LOGIC and
SHE Pacific to proceed in support of ORICA's long term objective".

Hexachlorobenzene has been classified as a possible human
carcinogen and has received special consideration by the United
Nations Environment Programme (UNEP) and the World Health Assembly
(WHA).

ECO LOGIC's business is to solve toxic chemical problems in a
safe, permanent, cost effective manner. The 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,
hexachlorobenzene (HCB), pesticides, dioxins, contaminated
electrical equipment, contaminated soils, chemical warfare agents,
and certain petrochemical wastes.

Regards.

Joe
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