Startech Receives $413,000 Grant to Continue Development of
Low-Cost Hydrogen from Wastes
WILTON, Conn., Dec. 15 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC Bulletin Board: STHK), announced today that on December 8,
2004, President Bush signed the Omnibus Appropriations Legislative Package
into law that grants an additional $413,000 to Startech to continue its work
for the Department of Energy for the development of low-cost hydrogen.
Joseph F. Longo, Startech president and CEO, said, "The Startech Hydrogen
Project focuses on the production of hydrogen by processing a diversity of
wastes, including sludge, medical waste, municipal solid waste and solvents,
through the Plasma Converter System(TM). This FY05 $413,000 funding is in
addition to the $500,000 funding from the FY04 Water and Energy Bill announced
on December 15, 2003. The grants also fund programs for the production of a
StarCell(TM) system that extracts hydrogen from the Plasma Converted Gas
(PCG)(TM) that is created by processing materials such as tires through the
Plasma Converter System. The work is in progress at our Plasma Converter
facility in Technology Park in Bristol, Connecticut."
What is StarCell?
StarCell is Startech's proprietary ceramic filtration system; it is not a
fuel cell. It is a patented hydrogen-selective membrane filter that separates
the hydrogen from the Plasma Converted Gas (PCG)(TM). PCG is the clean
synthesis fuel-gas mixture, rich in hydrogen, produced by the Plasma Converter
System(TM) when it processes most wastes.
The Plasma Converter System(TM) destroys wastes by its pollution-free
process of molecular dissociation during which it forms those wastes into
valuable commercial products that include PCG. PCG is a valuable syn-gas as
it is, but StarCell increases its value by its ability to extract the
hydrogen.
Beyond its use with the Plasma Converter System(TM), StarCell can also be
used, stand alone, as a low-cost method of separating hydrogen from the syn-
gas produced by various coal gasification processes.
Applications for StarCell Produced Hydrogen
StarCell produced hydrogen can be used in the emerging "distributed power
generation" markets as a low-cost, pristine fuel to power automotive,
stationary and portable fuel cells, as well as Internal Combustion Engine
(ICE) vehicles.
According to the Environmental Protection Administration, not counting
industrial waste, the United States produces about 700,000 tons of municipal
solid waste (MSW) each day. A facility using both a Plasma Converter
System(TM) and StarCell to process 2,000 tons of MSW per day can produce
enough hydrogen to power 100,000 fuel cell vehicles driving an average of
11,000 miles per year for the entire year. For a larger perspective, 700,000
tons per day of MSW processed using a Plasma Converter System and StarCell
will produce enough hydrogen to power 35 million fuel cell cars all year. If
the industrial waste generated each year in the U.S. is added to the MSW,
enough hydrogen could be derived using plasma conversion to power 100 million
cars powered with fuel cells.
About Startech Environmental Corp.
Startech is a Waste Industry company engaged in the production and sale of
its innovative, proprietary plasma processing equipment known as the Plasma
Converter System. The closed-loop elemental recycling system protects the
environment and helps to improve the public health and safety by safely and
economically destroying wastes, no matter how hazardous or lethal, and turning
them into valuable products that can be used or sold. The Plasma Converter
System irreversibly destroys Municipal Solid Waste, industrial by-products,
"e-waste," medical waste, chemical industry waste and other specialty wastes
while converting them into useful commodity products that can include metals,
surplus energy and hydrogen. The System is available for demonstration, by
appointment, at the Company's facilities in Technology Park in Bristol,
Connecticut. For further information, please visit http://www.startech.net or
contact Joseph F. Longo at (888) 807-9443, (203) 210-0141 or jfl@startech.net.
Safe Harbor for Forward-Looking Statements
This news 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, 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.
Contact:
David Resnic or Jennifer Roedel
Schwartz Communications
781-684-0770
startech@schwartz-pr.com
SOURCE Startech Environmental Corp.
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Related links:
http://www.startech.net
CONTACT:
David Resnic or Jennifer Roedel both of
Schwartz Communications, +1-781-684-0770,
startech@schwartz-pr.com
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