Asia Pacific Resources Subsidiary Receives Environmental Award in Thailand.BANGKOK, Thailand -- Asia Pacific Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :APQ APQ Accordo di Programma Quadro APQ Association des Paraplégiques du Québec APQ Association des Pathologistes du Québec APQ Art Pepper Quartet (jazz group) APQ Armaments Planning Questionnaire APQ Advanced Placement Question )(FRANKFURT AND STUTTGART STOCK EXCHANGES:APQ)(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :APQCF) - The Australian-Thai Chamber of Commerce held its annual Business Awards ceremony in Bangkok to recognize those companies which made an outstanding contribution to the Thai business sector during the past year. At the ceremony, Asia Pacific Potash Corporation (APPC (Advanced Program-to-Program Communications) A high-level protocol from IBM that allows one program to interact with another across the network. It supports client/server and distributed computing by providing a common programming interface on all IBM platforms. ), the Thai subsidiary of Asia Pacific Resources, received the "Environmental Excellence Award" for its underground potash mining project in Udon Thani. Mr. Vorapot Phokeo, APPC Vice President for External Affairs, said: "APPC is committed to ensuring that it conducts its business activities and operations in an environmentally responsible manner. The Australian-Thai Chamber Award recognizes the Company's commitment to protecting and preserving the environment both during and after mining operations are completed, and honoring its social responsibilities towards the local communities." "Potash mines worldwide operate safely in the communities in which they are located," said John Bovard, President and 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 Asia Pacific Resources and APPC. "Most of these mines leave large tailings piles on the land surface. One of the key aspects of APPC's Udon Thani project is its innovative approach in moving the waste salt tailings back underground. The Company will spend an additional US$52 million (approx. Baht 2 Billion) during mining operations to implement its hydraulic backfill back·fill n. Material used to refill an excavated area. tr.v. back·filled, back·fill·ing, back·fills To refill (an excavated area) with such material. technology and, following completion of mining, no waste salt tailings will remain on the land surface. The use of hydraulic backfill technology as part of the mine rehabilitation process is one of the ways in which APPC will ensure that its operations are in harmony with the environment. We are very pleased that this important environmental step has been recognized," concluded Mr. Bovard. Asia Pacific Resources shares are traded on the TSX as well as the Frankfurt and Stuttgart Stock Exchanges, under the symbol APQ, and on the OTCBB under the Symbol APQCF. Asia Pacific Resources Ltd. (TSX:APQ) (FRANKFURT:APQ) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :APQCF) |
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