NEO:HLTH - Post Discussion
Post by
bigguy23 on Sep 01, 2020 9:39am
Buy EWS, its going to be 3 bagger from todays SP, Big news
Ajax, Ontario--(Newsfile Corp. - September 1, 2020) - Environmental Waste International Inc. (TSXV: EWS) (the "Company" or "EWS"), announced that it has received Environmental Compliance Approvals from the Ministry of Environment, Conservation and Parks ("MECP") to operate its tire recycling plant in Sault Ste. Marie, Ontario as a commercial facility.
EWS had successfully run the plant as a demonstration and R&D facility for five years prior to the Company's submission to the MECP. The plant, using the EWS' patented microwave technology, will process end of life tires producing recycled carbon black, oil, steel and syn gas in an environmentally friendly manner. The high-quality carbon black is used as a replacement for virgin carbon black in plastic and rubber products. The oil and steel are utilized as raw feedstock, offsetting the requirement for new virgin materials. The syn gas provides energy for the plant. Tire recycling plants using EWS' technology do not require tipping fees, carbon credits or other government support to generate a compelling ROI. EWS is now in a position to begin the upgrade of the Sault Ste. Marie facility which will include the Company's latest technology.
Bob MacBean, EWS CEO said "This approval combined with our announcement last week about our significant partnership in Europe gives us considerable optimism for the future. Our proprietary technology provides a solution to a worldwide environmental waste problem while generating attractive financial returns. We believe the commercialization of our Sault Ste. Marie facility can further solidify EWS' technology as the market-leading solution."
Additionally, the US Department of Agriculture has renewed a service contract to maintain an EWS effluent contamination system that has been running successfully for over 15 years. This application is a small indication of the diversity and longevity of the Company's microwave technology which has potential in numerous other areas.
About Environmental Waste International Inc.
Environmental Waste International Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. The Company has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS's unique microwave technology safely processes and recycles waste tires, while recovering highly valuable commodities, including carbon black, oil and steel. Each unit is designed to be environmentally safe, energy efficient, and economically profitable for the operator. For more information please visit, www.ewi.ca.
Be the first to comment on this post