Printer Friendly

F.I.R.M. PLEDGES 10 PERCENT OF PROFITS TO ENVIRONMENTAL GROUPS; SCHEDULES FULL-SCALE DEMONSTRATION

 F.I.R.M. PLEDGES 10 PERCENT OF PROFITS TO ENVIRONMENTAL
 GROUPS; SCHEDULES FULL-SCALE DEMONSTRATION
 CAMARILLO, Calif., Oct. 21 /PRNewswire/ -- First International Resource Marketing (F.I.R.M.) announced today that it will donate 10 percent of the first million dollars in 1993 profits from its revolutionary "RENEU(TM)" soil remediation process to environmental groups around the nation.
 William Wismann, chairman of F.I.R.M. and the head of the scientific team that developed the "RENEU" process, said F.I.R.M. has invited representatives from some of the nation's most active environmental groups to observe a full scale demonstration of the "RENEU" process to be held in Camarillo on Wednesday, October 28. University and industry experts in toxic waste contamination will also be invited to witness the demonstration. An announcement on the specifics of the environmental donations will be made at a later date.
 "We hope to make an annual donation that will help support the vital work that these groups are doing," said Wismann. "Their presence at the demonstration will enable us to get to know them better and make them aware of the potential of the "RENEU" process.
 The "RENEU" process is based on an emulsifying surfactant that separates toxic waste contaminants from soil, allowing recovery of the contaminants. Laboratory tests have shown the process to be up to 100 percent effective on contaminants, some of which cannot be removed from certain types of soil by any other known means. A local municipality recently agreed to use the "RENEU" process to clean up a diesel fuel tank leak contamination at a city owned site. Remediation should begin sometime in November.
 Wismann said that F.I.R.M.'s remediation affiliate has an agreement with the Federal Environmental Protection Agency to use the "RENEU" process at a Superfund site. Selection of the site is currently under discussion.
 "To date, the only effective means of dealing with much of the nation's toxic waste contamination is to remove soil and replace it," said Wismann. "But that's not always cost effective and it just shifts the toxic waste problem to someplace else. This amounts to sweeping environmental contamination under the rug for future generations to deal with. In "RENEU" we have the technology to deal with this site contamination now in a timely and cost effective manner."
 -0- 10/21/92
 /CONTACT: Mike Sitrick or Mike Kolbenschlag of Sitrick And Company, 310-788-2850/ CO: First International Resource Marketing ST: California IN: SU:


KJ -- LA013 -- 2942 10/21/92 13:34 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 21, 1992
Words:420
Previous Article:FIRST EASTERN ANNOUNCES THIRD QUARTER RESULTS
Next Article:CSPI HITS RECORD ANNUAL SALES
Topics:


Related Articles
AIR & WATER TECHNOLOGIES SUBSIDIARY SELECTED TO PARTICIPATE IN DEPARTMENT OF ENERGY'S CLEAN COAL TECHNOLOGY PROGRAM
EPA, STATE, AND ENVIRONMENTALISTS REACH AGREEMENT ON SUBMITTAL OF PITTSBURGH OZONE REDUCTION PLAN
ThermoEnergy readies itself for growth.
What drives profit in franchising? New IFA Educational Foundation study examines key areas. (FW Focus Research).
Original Fly Fishing Portal Gets New Look, Creates Environmental Incentives for Sponsors.
Mitsui sees 140% jump in fiscal 1st half group net profit.
Ito-Yokado reports record high group sales in fiscal 1st-half.
LEAD: IRCJ disbands with 40 bil. yen profit after 41 bailout items.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters