Puebla Waste Consortium Makes Deposit With TransAct Energy
01 May 2014 - 8:15PM
Marketwired
Puebla Waste Consortium Makes Deposit With TransAct Energy
Initiates Engineering Review of Z.E.W.O.P.
SAN ANTONIO, TX--(Marketwired - May 1, 2014) - TransAct Energy
Corp. (OTCQB: TEGY) received confirmation of a three-hundred
thousand dollar ($300,000 USD) payment towards a "Phase One
Engineering Review" of its Zero Emissions Waste Optimization Plant
™ (Z.E.W.O.P. ™ ) from the newly formed Puebla, Puebla, Mexicowaste
consortium. The payment is the first step towards a partnership to
build a Z.E.W.O.P. in Puebla, MX. The engineering review is to be
conducted by an internationally recognized engineering firm that
will confirm the feasibility of the Z.E.W.O.P. to process the
Puebla, Municipal Solid Waste ("MSW") as represented by TransAct
Energy.
TransAct's representations
include processing waste without emissions to land, air or water
and that all waste is reclaimed into useable products. The
engineering review will include "Front End Engineering Design"
(FEED), mass and energy, preliminary layout, services interconnect,
Process and Instrumentation Diagrams (PID) and the engineering
report with final recommendations.
Metropolitan Puebla has a
population over 2,668,347 people and generates over 1800 metric
tons of MSW per day. Located 131 km south-east of Mexico City,
Puebla is an important cultural and industrial city in Mexico. The
consortium has been established to represent Puebla MSW
stakeholders in an effort to eliminate using landfills,
contamination of ground water and green house gas emissions from
the MSW.
"The Engineering Review is the
first step to confirm TransAct's ability to eliminate incineration
and landfills for MSW in the Municipality of Puebla. We have worked
hard to get to this point," says Rod Bartlett, CEO of TransAct
Energy. "We are very excited for what it means to our shareholders
and more importantly the world."
About TransAct Energy Corp.
TransAct Energy Corp. is a
Nevada organized company trading on the OTCQB as TEGY. TransAct has
set out to eliminate the impact of humans waste on the environment
by capturing all of the resources in our refuse using innovations
in process and technology. We do this by developing and
implementing technologies that provide useable energy in
sustainable ways.
Visit TransAct's website
www.transactenergycorp.com, follow them on twitter
transactenergycorp@transactenergyc and contact them for more
information about Transact Energy.
Safe Harbor This press release
contains certain statements that may include "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects," "anticipate," "optimistic," "intend," "will" or other
similar expressions. The Company's actual results could differ
materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website at
http://www.sec.gov . All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified
in their entirety by these factors. Other than as required under
applicable securities laws, the Company does not assume a duty to
update these forward-looking statements.
Media Inquires: ROD BARTLETT President CEO
info@transactenergycorp.com 210-888-0785
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