American Eco to Provide Innovative Metals Remediation Technology.HOUSTON, Texas--(BUSINESS WIRE)--Nov. 4, 1996--AMERICAN ECO E·co , Umberto Born 1932. Italian writer best known for his novels, including The Name of the Rose (1981). He has also written extensively on semiotics and British and American popular culture. CORP. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : ECX ECX European Climate Exchange ECX E-Commerce Exchange ECX eCatalog XML ECX Extended Count Register ECX Electronically Controlled Telephone Exchange ECX Extrusion-Cast Explosive (fine-grain) ECX Experimental Concentration - Percent 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 : ECGOF) American Eco Corporation subsidiary, United Eco Systems, has entered into an agreement to market and provide an innovative, proprietary technology for the chemical stabilization of materials contaminated with heavy metals. The technology, called the Molecular Bonding System ("MBS") is a registered trademark of Solucorp Industries Ltd., Nyack, New York Nyack is a village in Rockland County, New York, United States. The population was 6,737 at the 2000 census. The village is located approximately 19 miles north of Manhattan, by way of driving. . The MBS system has been commercially proven to be a cost effective solution for metals contamination and is currently being utilized on an EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. Superfund site. The agreement between Solucorp and American Eco provides for American Eco to market and provide the MBS process for projects throughout North America. The MBS technology uses a mobile facility to process large quantities of soils, ash, sediments and sludges. This process chemically renders leachable metal ions inert by permanently bonding them to form new, nonleachable molecules. The process which will work in conjunction with the existing thermal technologies provided by American Eco for sites with mixed contaminants, costs 30 percent less than alternative methods. According to the Environmental Business Journal, heavy metals represent over 50 percent of the $6.0 billion environmental market. "Growth has been stagnant in the Heavy Metals Remediation Market due to the lack of effective solutions. The addition of MBS technology to our technical capabilities changes this by giving our operating companies another tool with which to solve our customers' environmental concerns", said Michael E. McGinnis, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Eco. "The ability to deal with complex site conditions by combining technologies and resources within our organization is the goal of American Eco." American Eco is a leading North American provider of single source construction, management, maintenance, and environmental remediation services in the refining, petrochemical, utility, and forest products industries. CONTACT: American Eco Corporation, Houston W. Todd Hickman, 281/774-7000 |
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