KmX's membrane technologies replace the need for energy intensive distillation columns and molecular sieves in refining cellulosic ethanol. (Source: Fiberight, Technews, 26 April, 2012) Contact: Fiberight, Craig Stuart Paul, CEO, (434) 848-8026, [email protected], www.fiberight.com: KmX Corp., www.kmxcorp.com
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The project will produce enough electricity to power up to 700 homes annually, or nearly one-third of the sewage treatment plant's needs.
With Akron's recently announced expanded plan to process municipal solid wastes from the treatment plant, nearly 90% of its required electric power will be generated on-site.(Source: WFMJ News, City of Akron, October, 27, 2011)
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MSW-TO-Energy Systems are manufactured by Helios Assembly of India and provide a non-polluting, environmentally friendly conversion of MSW into an inert ash residue for use in concrete. The MSW waste-to-energy project will utilize a Helios 250 kW portable unit, the smallest of the series, to run a test of 1 to 4 weeks.
Romanian municipalities, including Acatari, have committed to acquire and operate 10 units of either 1-MW or 5-MW capacity. Officials from Hungary, Bulgaria, England and several Middle Eastern countries have also expressed strong interest in the Helios patented system and are expected to be monitoring the 250 kW project.
The JV agreement stipulates that TransGlobal Assets will receive 50% of revenues from the multiple revenue streams generated by the system including revenues from unit sales and monthly revenues from the sale of electricity, carbon credits, and ash residue. Potential revenues for Helios and TransGlobal Assets will be determined by the size of the systems that the municipalities ultimately select. (Source: TransGlobal Assets, Inc, March 24, 2011)
Contact:Paul Thompson, Vice President, Investor Relations, Transglobal Assets, Inc. - USA, (541) 994-1192,
[email protected], www.tmshglobal.com
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