Environmental Waste International Tire Recycling Technology Demonstrates Significantly Reduced Carbon Emissions
February 10, 2014 (Source: Marketwired) — Environmental Waste International Inc. (“EWS”) (TSX VENTURE:EWS) (the “Company”), a company specializing in eco-friendly systems with proven patented technology for the breakdown of organic materials, today reported an additional advantage of its process, namely a significant reduction in greenhouse gas emissions.
The results reported by Pinchin Environmental Ltd. demonstrate that EWS’s Reverse Polymerization™ process and proprietary microwave delivery system significantly lower carbon dioxide emissions compared to the two most commonly used waste tire recycling options, incineration and crumb rubber recycling. According to the Rubber Manufacturers Association approximately 45% of waste tires in the United States are incinerated and approximately 29% are converted to crumb rubber.
Based on the results, Environmental Waste’s technology emits significantly lower amounts of carbon dioxide compared to the actual and avoided emissions associated with each alternative. The disposal of one million scrap tires via the EWS process emits 12,166 tonnes fewer carbon dioxide equivalents compared to incineration, and 3,136 tonnes fewer carbon dioxide equivalents compared to the production of crumb rubber. In a nutshell, EWI’s process significantly reduces greenhouse gas emissions, the major cause of climate change, when compared to the alternatives.
Daniel Kaute, CEO of EWS, stated, “This analysis validates our belief that we can evolve into one of the leading “green” industrial companies. It is another signpost in our march to commercialization.”
The analysis was conducted by Pinchin Environmental Ltd., one of Canada’s largest environmental, health and safety consulting firms. For more information on Pinchin, please visit www.pinchin.com. A copy of their report is available upon request.
About Environmental Waste International Inc.
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Environmental Waste International, Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. EWS 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 creating highly valuable commodity outputs for industry, including carbon black, oil and steel. Each unit is designed to be energy efficient and where possible, create an economically positive model for the recovery of various hydrocarbon oil and gases. For more information please visit, www.ewi.ca.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Company’s most recent Management Discussion & Analysis, which can be found on the Company’s profile at www.sedar.com. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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