Clyvia Begins Construction of Pilot Plant.WEGBERG, Germany -- Clyvia Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLYV) announced that the breaking of the ground on Tuesday marked the construction start of the pilot plant for the production of fuel and oil and diesel from waste materials, which Clyvia Technology GmbH will build in Wegberg-Wildenrath, Germany. The Mayor of the city of Wegberg, Ms. Hedwig Klein, was present during the official ceremonies. 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. Dr. Manfred Sappok, one of Clyvia Technology's Managing directors, "Today marks an important step for our company on the road to marketing our patented technology as a solution for waste disposal issues." An area of 5,000 m2 at Clyvia Technology's headquarters will be utilized for the combined research and production facility. Besides the depolymerization depolymerization /de·po·lym·er·iza·tion/ (de?po-lim?er-i-za´shun) the conversion of a polymer into its component monomers. depolymerization plant for organic waste materials, there will also be two separate bulk storage tanks as well as areas for long-term serial production. An eight-meter high distilling column is at the core of the plant. Production Plant for Fuel Oil and Diesel from Waste Materials Expected to Become Operational in 2006 Clyvia Technology expects that the construction of the 1,000 m2 warehouse for the pilot plant system will be finished sometime in the Spring of 2006. It is expected that the system will become operational approximately one month after construction has been completed. Clyvia has developed a process for the production of fuel oil and diesel fuels, in which waste materials such as waste oil, scavenge scav·enge v. scav·enged, scav·eng·ing, scav·eng·es v.tr. 1. To search through for salvageable material: scavenged the garbage cans for food scraps. 2. oil and plastic are utilized as input materials. The technology involves a process similar to cracking crude oil. During the press event and ground breaking ceremony, guests and media representatives were able to experience first hand how an emergency generator was powered by fuel obtained from waste materials. Taking into account all of the expenses associated with operating a system of this kind, Clyvia estimates that diesel or fuel oil could be produced, in Germany, at a cost of approx. EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 0.77 per liter including taxes - i.e. for about 30 percent less than the current cost of gas at gas stations. Clyvia Technology GmbH is a subsidiary of Clyvia Inc., a Nevada, USA corporation. Clyvia's shares are traded on the stock market in Frankfurt (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) : A0F59X, ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. : US18975K1088) as well as on over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. in the United States (OTCBB:CLYV). This Press Release may contain, in addition to historical information, forward-looking statements. These forward looking statements are based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, there are no assurances that Clyvia Technology will be able to complete construction of the pilot plant system within expected time periods or that the system will be able to produce diesel or fuel oil within expected cost estimates. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release. CLYVIA INC. WALTER P.W. NOTTER, Chief Executive Officer and President Clyvia Inc. (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. :CLYV) |
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