WILTON, Conn., July 24 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC BB: STHK), a fully reporting company, announced today that
EnviroSafe Industrial Services Corporation of Puerto Rico plans to produce
methanol and various synthetic fuels from the wastes it will be processing
in the Startech Plasma Converter Systems in the EnviroSafe Recycling
Facility in Puerto Rico.
Steve Landa, Startech VP, said, "The manufacturing and production
process for EnviroSafe's Converters has been in progress, and the Company
has received the scheduled payments called for in the Contract that was
previously announced on May 24, 2007."
About Methanol
Methanol, sometimes called methyl alcohol or wood alcohol, is the
simplest of all alcohols and is one of the most ubiquitous and important of
all industrial chemicals. It is an easily stored and transported fluid with
an international market in excess of five billion dollars per year.
Methanol is used in the preparation of many pharmaceutical industry
products, food industry products and as a basic building block in many
chemical industry products.
Methanol is the cheapest and most versatile liquid fuel that can be
made. While more efficient than gasoline, it is less flammable than
gasoline: accidental fires can be extinguished with water instead of
spreading as a flaming film. When used as a fuel, it emits no sooty carbon
or sulfur compounds and is cleaner than gasoline.
Recognizing certain limitations, diesel engines in trucks, railroad
locomotives, and ships can use methanol for at least 85% of their total
fuel. Likewise, methanol can even be used in automobiles such as racing
cars where performance and safety are the most important fuel
considerations. In an accident at sea, there is no fire or oil slick
because the methanol dissolves in water. It is easy and safe to transport
and distribute.
About Synthetic Fuels
Synthetic fuels, synthesis fuels or synfuels is a name generally
applied to alternative liquid fuels manufactured from various hydrocarbon
materials, even from certain materials that may have been previously
regarded as waste products. "Synfuels" is also a term often used to refer
to the so-called "higher alcohol fuels" (fuels higher alcohol than
methanol).
About Startech -- The Environment and Energy Company
Startech Environmental is an environment and energy industry company
engaged in the production and sale of its innovative, proprietary plasma
processing equipment known as the Plasma Converter System(TM).
The Plasma Converter System safely and economically destroys wastes, no
matter how hazardous or lethal, and turns most into useful and valuable
products. In doing so, the System protects the environment and helps to
improve the public health and safety. The System achieves closed-loop
elemental recycling to safely and irreversibly destroy Municipal Solid
Waste, organics and inorganics, solids, liquids and gases, hazardous and
non- hazardous waste, industrial by-products and also items such as
"e-waste," medical waste, chemical industry waste and other specialty
wastes, while converting many of them into useful commodity products that
can include metals and a synthesis-gas called Plasma Converted Gas
(PCG)(TM).
Among the many commercial uses for PCG, is its potential use to produce
"green electrical power" and Gas-To-Liquid (GTL) fuels such as methanol and
synthetic higher-alcohol "alternative" fuels. Hydrogen, for use and sale,
can also be separated and recovered from the Startech PCG synthesis gas
mixture.
The Startech Plasma Converter is essentially a manufacturing system
that also produces commodity products from feedstocks processed that were
previously regarded as wastes.
Startech regards all wastes, hazardous and non-hazardous, as valuable
renewable resources.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including
statements regarding the Company's plans and expectations regarding the
development and commercialization of its Plasma Converter(TM) technology.
All forward-looking statements are subject to risk and uncertainties that
could cause actual results to differ materially from those projected.
Factors that could cause such a difference include, without limitation,
failure of the customer to obtain appropriate financing for the project,
general risks associated with product development, manufacturing, rapid
technological change and competition as well as other risks set forth in
the Company's filings with the Securities and Exchange Commission. The
forward-looking statements contained herein speak only as of the date of
this press release. The Company expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any such
statement to reflect any change in the Company's expectations or any change
in events, conditions or circumstances on which any such statement is
based.
SOURCE Startech Environmental Corporation
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Related links:
http://www.startech.net
http://www.prnewswire.com/comp/113537.html/
CONTACT:
Steve Landa of Startech Environmental
Corporation, +1-888-807-9443, +1-203-762-2499 EXT 7 or
sales@startech.net
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