Alanco makes news in China.SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 16, 1995--The following is the text of a news release made in China on Nov. 10, 1995, by China National Environmental Protection Co. (CNEPC). CNEPC is one of China's largest environmental enforcement companies. Alanco Environmental Resources Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALAN) has a marketing agreement for CNEPC to represent the company's Charged Dry Sorbent sorbent /sor·bent/ (sor´bent) an agent that sorbs; see absorbent and adsorbent. sorbent an agent that sorbs. Injection (C.D.S D.S Drainage Structure (flood protection) .I.) industrial pollution control equipment in China. This release was issued in conjunction with a joint CNEPC/Alanco Environmental Resources Corp. press conference held in the People's Hall of China, Beijing and carried on China Central Television (CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television ). -0- "A patented, new sulfur dioxide sulfur dioxide, chemical compound, SO2, a colorless gas with a pungent, suffocating odor. It is readily soluble in cold water, sparingly soluble in hot water, and soluble in alcohol, acetic acid, and sulfuric acid. removal technology, the Charged Dry Sorbent Injection (C.D.S.I.) has been introduced to China. One system has been installed at the Dezhou Power Plant, Shandong, and was officially transferred to the power plant on November 8 for operation after a testing period of about one year. The technology is owned by Alanco Environmental Resources Corporation, a U.S. company. CNEPC is Alanco's exclusive marketing agent in China. "There are currently more than 400,000 industrial coal fired boilers in China, which consumes more coal than any country in the world. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest statistics, this results in more than 19 million tons of particulates and 18 million tons of sulfur dioxide emitted into the atmosphere every year. The acid problem resulting from these huge sulfur dioxide emissions is very serious in some parts of China. The damage to property and resources as a result of this acid rain is estimated at billions of Yuan each year. "CNEPC chose Alanco's C.D.S.I. system because of this technology's advantages over other technologies available in the market. The C.D.S.I. requires less capital investment, less space, lower operational cost, and provides competitive removal efficiencies. The system was first installed on a 75 ton per hour pulverized pul·ver·ize v. pul·ver·ized, pul·ver·iz·ing, pul·ver·iz·es v.tr. 1. To pound, crush, or grind to a powder or dust. 2. To demolish. v.intr. coal fired boiler in Dezhou as a showcase project. After one year of testing operations, the results show the system put the plant into compliance with national Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and standards for sulfur dioxide removal. "This technology has been listed in 'China's 21st Century Agenda' as a premium technology of choice for industrial air cleaning projects. 'China's 21st Century Agenda' is a national plan for the nation's future under the direction of the China National Planning and Development Commission and the China National Science Commission." CONTACT: Alanco Environmental Resources Corp., Scottsdale Shareholder Relations, 602/874-0448 |
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