Clyvia Technology GmbH: Simplified Approval Process for Production Systems to Generate Heating Oil and Diesel from Waste.
The stated purpose of the Federal Emission Control Act is to protect people, animals, plants, soil, water, the atmosphere and goods from the harmful affects of air pollution, noise pollution and similar occurrences ("emissions"). Generally, under the Federal Emission Control Act, the installation and operation of any facility that is likely to cause harmful effects on the environment are required to obtain a license from the German Federal Government. The license obtained will generally include any other permits that would otherwise need to be obtained, including construction permits. However, under Article 19, a simplified approval process exists for certain facilities of a particular type or size if consistent with the protection of the general public and the neighborhood in which the facility is located.
Under the Fourth Ordinance to the implementation of the Federal Emission Control Act, the simplified procedure is authorized for facilities "for the physiochemical treatment, especially the distillation, calcination, drying or evaporation of ... wastes, not requiring special supervision, subject to the regulations of the Closed Substance Cycle and Waste Management Act, with a daily throughput capacity in the range of maximum 10 tonnes raw materials." Systems processing more than 10 tonnes and less than 50 tonnes raw materials per day do not qualify for the formal approval process.
The Company is currently designing systems based on its fractional depolymerization technology that it hopes will be able to process annual raw material inputs of between 4,000 to 40,000 tonnes per year (approximately 11 to 110 tonnes per day). Thus, it is expected that smaller scale systems based on the Company's technology will qualify for the simplified licensing process under the Federal Emission Control Act. This is expected to be a significant benefit to potential German purchasers.
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:A0F59X, ISIN:US18975K1088) as well as on over-the-counter market in the United States (OTCBB:CLYV).
WALTER P.W. NOTTER, Chief Executive Officer and President
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, readers are cautioned that the Company is still in the process of developing systems based on its fractional deploymerization technology and that there are no assurances that the Company will be able to develop marketable products based on that technology. In addition, although the Company believes that smaller scale systems based on its technology will qualify under the German Federal Emission Control Act's simplified approval process, it can provide no assurances that any licenses will in fact be granted under that process.
Readers are cautioned not to place undue reliance on the forward-l ooking statements made in this Press Release.
Clyvia Inc. (OTC Bulletin Board:CLYV)