Hydromet Illinois Plant to Begin Operations.Business Editors HAMILTON, Ontario--(BUSINESS WIRE)--Jan. 28, 2002 HYDROMET ENVIRONMENTAL RECOVERY LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . ("Company") (CDNX CDNX See Canadian Venture Exchange (CDNX). :YHM.A) is pleased to announce that its 66,000 sq. ft., state of the art metallurgical and waste recovery plant, located in Newman, Illinois, is ready to re-open for business. The plant is the largest non-petroleum waste recovery facility in the USA. It will begin to receive tin and selenium waste products, and process them into saleable products for the market. The company expects that it will take about 30 days to ramp up the operations to allow for shipment of saleable products through the international metals exchanges or via joint marketing agreements with industrial chemical suppliers. Dr. Bill Morgan, 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 the company, states that "this is a major turning point for the company, as we have spent the past three years and over USD USD In currencies, this is the abbreviation for the U.S. Dollar. 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. $ 2,300,000 in complying with the Illinois 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 (IEPA) order to (1) dispose of hazardous wastes left in the plant by the company's previous management (2) cleanse all tanks to a pristine level. Now that we have successfully completed this work, we are in a very strong competitive position in the market. Our new EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. RCRA B permit is not subject to renewal until 2010." The Newman plant, which contains 102 processing and storage tanks, was built at a cost of about USD $ 35,000,000. Using modern instrumentation and remote control, the plant can operate with as few as six workers per shift. The company initially will be processing tin and selenium wastes. The tin wastes are generated primarily by the steel manufacturing and circuit board manufacturing industries, and are processed into tin metals and tin chlorides. The selenium wastes are generated in the copper refining industry, and will be processed into either high grade selenium metal for the glass and photo copier industries, or into selenium salt crystals for the animal feedlot industry. The company has contracted to receive tin waste materials on a regular basis generated at Bethlehem Steel, Pennsylvania, USA and Dofasco Limited, Ontario, Canada. Selenium waste materials will also be received regularly from Amlon Metals, Inc., New York and Norddeutsche Affinerie, Hamburg, Germany. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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