WILTON, Conn., Sept. 14 /PRNewswire-FirstCall/ -- Startech
Environmental Corporation (OTC Bulletin Board: STHK), a fully reporting
company, announced today that on September 12, 2006, Sicmar International
Panama S. A. signed a contract with the city of Las Tablas securing the
land and the waste for the 200-ton-per-day Sicmar Plasma Converter
Facility. This first-of-its-kind resource recovery center in Panama will
process municipal solid waste.
Sicmar International is a Startech associate and the company's
exclusive representative in the Republic of Panama.
Victor Sziky, President of Sicmar International, said, "The Las Tablas
facility will be the technical and financial model for five to ten
replicated municipal facilities in Panama addressing the countries national
waste management crisis, and its vigorous sustainable development
initiatives."
Startech Vice President of Sales, Stephen J. Landa, said, "We have a
few minor details left to be settled in our contract with Sicmar so that
production can begin before year end for a commissioning date targeted in
early 2008."
About Sicmar -- a Panamanian Corporation
Sicmar International Panama S.A., is a waste processing project
development company headquartered in Panama City, Panama. For further
information, please contact Victor Sziky at Sicmar International Panama
S.A., Edificio Metropolis, Suite 13C, Avenida Manuel Espinosa Batista,
Ciudad Y Provincia Panama, Republica de Panama or victorsicmar@gmail.com
About Startech -- an 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 them 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, it can be used to produce
"green power electricity," Gas To Liquid (GTL) fuels such as ethanol,
synthetic diesel fuel and other higher alcohol fuels. Hydrogen, for use and
sale, can also be separated from the PCG synthesis gas mixture.
The Startech Plasma Converter is essentially a manufacturing system
producing commodity products from feedstocks that were previously regarded
as wastes. Startech regards all wastes, hazardous and non-hazardous, as
valuable renewable resources.
For further information, please visit http://www.startech.net or contact Steve
Landa at (888) 807-9443, (203) 762-2499 EXT 7 or sales@startech.net
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.
Contacts:
Joseph F. Longo, President Philip Bourdillon / Gene Heller
Startech Environmental Corp. Silverman Heller Associates
203-762-2499 310-208-2550
SOURCE Startech Environmental Corporation
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Related links:
http://www.startech.net
CONTACT:
Steve Landa of Startech Environmental
Corporation, +1-888-807-9443, +1-203-762-2499, ext. 7,
sales@startech.net
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