TRW'S SPACE-AGE TECHNOLOGY TAKES OFF IN RECYCLING INDUSTRY.HOUSTON--(BUSINESS WIRE)--March 4, 1996--Proler International Corp. (NYSE NYSE See: New York Stock Exchange :PS) announced today that it has entered into a License and Technical Agreement with TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc Inc. (NYSE:TRW). By integrating TRW's innovative vitrification vit·ri·fi·ca·tion n. The process of using heat and fusion to convert dental porcelain to a glassy substance. vitrification system with Proler's newly patented gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas process, industries and municipalities can recycle complex, organic wastes in a closed-loop, total recycling system which produces commercially saleable products. In the Agreement, TRW grants Proler license to manufacture, sell, and service its vitrifier in combination with Proler's gasification process worldwide. TRW will provide ongoing technical support to these efforts. TRW and Proler have cumulatively spent over $60 million in researching, developing, constructing and testing their technologies. The Proler SynGas
Syngas (from synthesis gas) is the name given to a gas mixture that contains varying amounts of carbon monoxide and hydrogen generated by the gasification of a carbon containing fuel to a gaseous product with Process recycles industrial solid and liquid wastes, like petroleum refinery waste sludges; municipal solid wastes; special and hazardous wastes, like automobile shredder residue or medical wastes; and biomass wastes into a synthesis gas synthesis gas n. A mixture of gases made as feedstock, especially a fuel produced by controlled combustion of coal in the presence of water vapor. and recyclable metals. The process melts, decomposes, vaporizes and dissociates these waste materials in the high-temperature, reducing atmosphere of a specially designed reactor; theoretically akin to melting an ice cube in an oven, and then collecting the vapor and reusing it in its gaseous form. More specifically, this dynamic reaction recycles hydrocarbons into a high-quality synthesis gas, composed primarily of hydrogen, carbon monoxide carbon monoxide, chemical compound, CO, a colorless, odorless, tasteless, extremely poisonous gas that is less dense than air under ordinary conditions. It is very slightly soluble in water and burns in air with a characteristic blue flame, producing carbon dioxide; , carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. and methane, which is an ideal fuel source for the production of electrical and thermal energy, as a chemical feedstock or for use in metallurgical processes. TRW's vitrification system reforms any potential residue into a glass frit frit (frit) imperfectly fused material used as a basis for making glass and in the formation of porcelain teeth. frit (frit), n which can be commercially used in ceramic tile, spun wool insulation, roofing shingles shingles: see herpes zoster. shingles or herpes zoster Acute viral skin and nerve infection. Groups of small blisters appear along certain nerve segments, most often on the back, sometimes after a dull ache at the site; pain becomes , and as cement aggregate thus creating a zero-discharge system. "We're very excited about Proler's alliance with TRW," said Steven F. Gilliland, president and chief executive officer. "TRW's innovative process, technical excellence, reputation for reliability, and superior engineering capabilities will certainly be an asset as we move forward to commercialize the technologies. Our customers will be provided with a proven, no-risk facility which makes environmental and financial sense. Proler will own, build and operate recycling facilities worldwide." "TRW feels that by teaming with Proler we are able to maximize the potential of our vitrification technology," said Dr. Shiva Ubhayakar, program manager and TRW spokesperson. "By combining our vitrifier with Proler's gasification process, we are able to expand the types of industrial wastes our vitrifier can process on its own. Both technologies working together provide what we feel is the best recycling technology in the marketplace today for industrial wastes and other hard to handle wastes." Proler has operated its 50-ton-per-day demonstration facility in Houston, Texas, since 1991. Efforts to commercialize the Proler SynGas Process began in July 1995 after receiving its first U.S. patent. TRW's vitrification system was developed from its rocket propulsion technology and has received eight U.S. patents. Other U.S. and foreign patents are pending on the technologies. Proler International Corp. is an environmental services, technology and industrial energy company primarily involved in recovering, recycling and processing metals and industrial wastes for use worldwide. Through 18 operating locations, owned either directly or through joint ventures, Proler provides high-quality raw materials, recycling and energy services to industrial users. Proler Environmental Services, Inc. was established in 1989 as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Proler International Corp. for the primary purpose of developing an environmentally acceptable technology to recycle wastes, specifically automobile shredder residue, while producing a valuable synthesis gas. TRW provides advanced technology products and services for the automotive, space and defense markets worldwide. Sales in 1995 totaled $10.2 billion. CONTACT: Proler International Corp., Houston Pamela Merritt, 713/627-3737 or fax 713/627-2737 |
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