$84 million tires-to-ethanol facility planned
in New Jersey
Wilton, CT— Startech Environmental
Corporation announced that Startech and Future Fuels, Inc., (FFI)
a subsidiary of Nuclear Solutions, Inc., of Washington, DC, have
formed a Strategic Alliance Agreement to mutually obtain contracts
for waste-to-ethanol facilities and also for FFI’s own $84
million waste-to-ethanol facility to be constructed in Toms River,
New Jersey.
The Company has also received
a letter of intent from FFI for their purchase of a 100 ton-per-day
Startech Plasma Converter System (PCS) for installation in the
first-of-its-kind waste-to-ethanol facility in Toms River, scheduled
to go on-line in late 2007. The PCS will safely and completely
destroy the tires in its process that results in a clean synthesis
gas product called Plasma Converted Gas™ (PCG). The plasma
converter will be attached to the front of the FFI system. PCG
produced will be piped directly into the FFI system to make commercial
fuel-grade ethanol for sale.
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