For Immediate
Release
Powerspan
and Wheelabrator Form Alliance to Deliver Commercial ECO Systems
NEW DURHAM, N.H., July 29, 2002—Powerspan
Corp., a clean-energy technology company, and Wheelabrator Air Pollution
Control Inc. (WAPC) have formed an alliance to provide commercial
ECO™ systems to the electric utility industry.
Powerspan's Electro-Catalytic Oxidation (ECO)
technology is a proprietary multi-pollutant control system for coal-fired
power plants. The ECO system oxidizes pollutants in the gas stream—namely
sulfur dioxide, nitrogen oxides, and mercury—and collects them
in a compact wet scrubber and wet electrostatic precipitator. ECO
technology avoids the need for landfill disposal of waste by converting
the sulfur dioxide and nitrogen oxides removed from the flue gas
into salable ammonium sulfate nitrate fertilizer.
Under the terms of the alliance agreement, WAPC will provide its
wet scrubbing technology, which includes all design engineering
and equipment supply, utilizing its extensive utility experience
with flue gas desulfurization systems. Powerspan will retain responsibility
for overall process engineering, the supply of proprietary electro-catalytic
oxidation equipment, and project management.
According to WAPC President Antonio DoVale, the alliance agreement
benefits both companies. "We are excited to be working closely
with Powerspan to develop and execute projects that will utilize
our combined expertise and experience. Together we will deliver
an alternative technology that should result in significant capital
and operating cost savings for our power generating customers."
Powerspan Chairman and CEO Frank Alix said, "Our ECO process
knowledge coupled with Wheelabrator's extensive experience in large
air pollution control projects will allow generating companies to
acquire commercial ECO systems with confidence."
Powerspan Corp. is engaged in the development and commercialization
of proprietary energy technology for the global electric power industry.
Company research and development efforts focus on the application
of its technology to reduce the environmental impact of power generation.
For more information, visit www.powerspan.com.
Wheelabrator Air Pollution Control Inc. is headquartered in Pittsburgh,
Pennsylvania, and is a world leader in the design and supply of
air pollution control equipment, turnkey systems and services for
utility and industrial process industries. Visit www.wapc.com for
further information.
###
Contact:
Powerspan Corp.
Stephanie Procopis, Director of Marketing
Phone: (603) 859-2500, ext. 20
Fax: (603) 859-2501
Email: sprocopis@powerspan.com
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