Solucorp's IFS-2C Mercury Emissions Control Technology Successfully Demonstrated at a Coal-Fired Power Plant
24 January 2008 - 12:00AM
Business Wire
Solucorp Industries (OTC: SLUP) today announced that its IFS-2C
mercury emission control technology was successfully demonstrated
at Michigan South Central Power Agency�s Endicott Station
coal-fired energy plant near Litchfield, Mich. The demonstration
was performed under the terms of a Memorandum of Agreement (�MOA�)
between Solucorp Industries Ltd. and Babcock & Wilcox Power
Generation Group, Inc. (�B&W PGG�). B&W PGG will continue
to assist Solucorp with engineering, laboratory research and
field-testing of this technology and expects to complete additional
demonstrations at larger coal-fired plants. Noel Spindler,
President of Solucorp�s wholly owned subsidiary, Integrated
Fixation System Company, stated, �Mercury emission are a major
issue facing today�s power industry. New, stringent discharge
regulations are leading operators of coal-fired power plants to
search for cost effective and permanent solutions to address these
emissions, and we believe our IFS technology will meet their
needs.� �This demonstration marks the next major step toward
Solucorp�s goal of commercializing its IFS mercury emission control
technology in the worldwide mercury emissions control market,� he
continued. �We have great confidence in the capabilities of our
technology and look forward to our continued work with Babcock
& Wilcox to commercialize the use of our technology in
coal-fired furnace applications all over the world.� About Solucorp
Industries Ltd. Solucorp Industries Ltd., www.solucorpltd.com is a
provider and developer of cost effective and permanent technologies
for the remediation and prevention of hazardous heavy metal
contamination. Solucorp is the owner of several patents and
numerous additional patents that are pending. Solucorp Industries
Ltd. has three wholly owned subsidiaries: Solucorp Industries,
Integrated Fixation System Company, Inc., and WITS, Inc. Babcock
& Wilcox Power Generation Group, Inc. (B&W PGG) is a major
operating unit of The Babcock & Wilcox Company, a wholly owned
subsidiary of McDermott International, Inc. B&W PGG is a world
leader in the power generation industry and designs, engineers,
manufactures, services and constructs steam generating and
environmental equipment for utilities and industries worldwide. It
is located on the internet at www.babcock.com. The foregoing
discussion contains forward-looking statements, which are based on
current expectations. Actual results, including the timing and
amount of revenues recognized, contracts awarded and performed and
net income may differ due to such factors as: delays in payment on
contracts due to dealings with governmental and foreign entities;
fluctuations in operating costs associated with changes in project
specifications; economic and other conditions affecting the ability
of prospective clients to finance projects; and other risks
generally affecting the financing of projects. Investors are
cautioned to perform a proper due diligence and consult licensed
professionals prior to making an investment decision.
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