Environmental Waste International Tire Recycling Technology Demonstrates Significantly Reduced Carbon Emissions
February 10 2014 - 8:00AM
Marketwired Canada
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(TM) 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.
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(TM)
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.
Forward-Looking Statements
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Environmental Waste International Inc.
Dr. Daniel Kaute
President
(905) 686-8689 or (800) 399-2366
Daniel.kaute@ewmc.com
www.ewi.ca
Investor Relations
Alliance Advisors, LLC
Valter Pinto
(914) 669-0222 x201
valter@allianceadvisors.net
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