AJAX, ONTARIO--(Marketwired - May 21, 2013) - 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 announced the successful completion of a continuous 24-hour run of its TR900 waste tire Pilot Plant in Sault Sainte Marie, Ontario, Canada. This is the longest continuous run in the Company's history.
EWS's technology has been tested to break down many organic materials. The Company's patented Reverse Polymerization Process has initially been focused on the reduction of entire waste tires to their basic valuable commodities including carbon black, bunker oil and steel. The 24-hour run produced over 4,000 pounds of carbon black. Several interested potential customers have already requested samples of this output for test purposes.
Dr. Daniel Kaute, President and CEO of EWS, commented, "We are pleased to be operating a tire recycling plant that can successfully process entire waste tires into high quality by products in an environmentally friendly manner. There is a great deal of demand for carbon black produced in a consistent, environmentally friendly and economical manner. We are using the technical analysis of this run to improve the results and longevity of our next test. We look forward to running the system again shortly and providing investors with further updates."
Carbon black is produced through the combustion of heavy petroleum products. It is mainly used as reinforcing filler in tires and other rubber products such as belts and hoses. It can also be used as a pigment in inks, coating and plastics. There are strict guidelines in place for those manufacturing carbon black to ensure health and safety pertaining to the inhalation of unsafe toxins. The industry is therefore seeking alternatives to produce the commodity. EWS believes its technology presents a valuable and entirely environmentally friendly alternative.
EWS Engages Alliance Advisors as Investor Relations Counsel:
As previously announced on May 7, 2013, Environmental Waste International has engaged Alliance Advisors, LLC as Investor Relations Counsel under a one-year agreement. The agreement provides Alliance Advisors with compensation of $6,000 per month for the first four months and $8,000 per month thereafter if renewed.
About Environmental Waste International, Inc.
Environmental Waste International, Inc. ("EWS") specializes in eco-friendly systems for the breakdown of organic materials such as tires. EWS has spent over fifteen years engineering systems that integrate the ESW patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS's unique microwave technology safely processes and recycles waste tires, while creating a highly valuable commodity output for the 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 gasses. 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 Management Discussion & Analysis, dated November 29, 2013 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.