Solanex Management, Inc. (SLNX.OB) Cleaning Soils Contaminated with Hydrocarbons
Source: http://Blog.QualityStocks.net/?p=16353Posted on Thursday, July 16th, 2009 | In Market Commentary, Small & Micro Cap
Solanex Management Inc. is in the business of development, manufacture, distribution, marketing and sales of alternative, renewable and waste energy technologies. One of the current products that the company is focusing its marketing and sales efforts on is the Thermal Destructor which is used to clean contaminated soil sites.
Solanex’s Thermal Destructor is a self-contained, mobile, soil residue combustion system used for cleaning contaminated sites by sterilizing soil. A common use for this technology is in the oil industry with the practice of cleaning up hydrocarbon spills at the end of the life of a production well by passing the soil and substrate through a rotary kiln. In this kiln, the hydrocarbons are burned, delivering sterile and cleaned soil and clay residues.
The company’s Thermal Destructor consists of a high-efficiency, waste or gas-fired combustion chamber and a new generation exhaust gas, low-pressure drop liquid scrubber effective in trapping pollutants in air emissions.
Solanex has the full rights to this technology as per a joint venture agreement with ecoTECH Waste Management Systems which is owned by Mr. Colin V. Hall. Mr. Hall is also a major shareholder of Solanex. As per the agreement, Solanex will focus on marketing and selling the product while ecoTECH manufactures the Thermal Destructor and contracts out their services.
In addition, ecoTECH has expanded the business arrangement with Solanex to include a portable high temperature steam generation technology – the Steam Injection System. This product has been designed for use in oil fields where high pressure steam can be injected into the oil deposit to help dilute and separate bitumen/heavy oil from the ground.
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Colin V. Hall, dilute and separate bitumen/heavy oil, ecoTECH Waste Management Systems, exhaust gas, gas-fired combustion chamber, Market Commentary, Mr. Hall, Oil, oil deposit, Oil Industry, portable high temperature steam generation technology, renewable and waste energy technologies, sites, Small & Micro Cap, soil sites, Solanex Management Inc., The Macro Trader, Thermal Destructor
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