For EcoloCap, this is a significant entry into the bio-diesel market, offering the industry an important cost and time reduction. This is a first for the industry and observers will be watching with interest.
Barrington, IL (PRWEB) July 8, 2010
EcoloCap Solutions Inc. (OTCBB: ECOS), an integrated network of environmentally-focused technology companies utilizing nanotechnology to develop efficient alternative energy solutions, today announced the sale of its first NPW-30 unit to R3 Energy LLC (http://www.R3energyllc.com) of Cottonwood Falls, Kansas. The contract price was $441,000 of which $175,000 was received, the balance due 20 days after commissioning. This introductory price includes one container of additive necessary for processing. This installation should require at least 5 container loads of additive per year.
The NPW-30 produces 30 metric tons per day of biodiesel from either waste vegetable oil or animal fat, with no pre-processing. EcoloCap’s process utilizes nanotechnology and proprietary additive, both factors in reducing production costs. The EcoloCap technology can process feedstock with Free Fatty Acid (FFA) of up to 99.2% into ASTM grade biodiesel. Feedstock with high FFA being much less expensive represents another factor in reducing the cost of the finished product.
The ECOS efficiency claims are based upon side-by-side comparison with the traditional steps required to synthesize Biodiesel. The ECOS NPW-30 uses an automatic batch flow, which has only one processing step. The ECOS process reduces the oils to nano-sized particles (less than 1 micron) and the process is independent of the amounts of FFA. Nano sized particles take on unusual properties. The solubility product and miscibility change and physical separations can occur on a molecular level. The addition of the additive performs the conversion of the fatty acids into glycerin not glycerol. The biodiesel resulting meets or exceeds all ASTM requirements. The glycerin produced by the ECOS process is pharmaceutical grade and can be sold, as is, to the cosmetic, pharmaceutical and food industries. There are no other by-products of manufacturing and no catalysts to recover. The ECOS cost is a minimum of 25% less than standard transesterification.
Jerry McCalla, President of R3 Energy, stated: “With the NPW-30, we initially plan to produce some 9,000 gallons of high quality biodiesel per day. However, we have the capacity to produce over five times that quantity. After the first unit is operative, we plan to order additional equipment in order to reach that potential. This means a lot for our industry and could be a major factor in the alternative fuel market. We also will take advantage of EcoloCap’s Glycerin Refining Process that will extract glycerin from biodiesel to medical grade purity. This will represent a welcome additional bonus for our operation.”
Michael Siegel, President and CEO of EcoloCap stated: “We are pleased to deal with a forward-looking company like R3 Energy. The R3 Energy management team recognized the opportunity that our processes offer to their industry and we commend them for their vision. For EcoloCap, this is a significant entry into the huge alternative fuel market. There will be a lot of industry observers watching with interest.”
About The Company: EcoloCap Solutions Inc. (OTCBB: ECOS) and its subsidiaries Micro Bubble Technologies Inc. (“MBT”), K-MBT Inc. (Korea) and EcoloCap Solutions Canada Inc., are an integrated network of environmentally focused technology companies that mainly utilize nanotechnology to develop efficient alternative energy solutions. Their portfolio of products and services include MBT’s Carbon Nano Tube (CNT) and Lithium X rechargeable batteries that surpass the performance of batteries in the market today, MBT’s M-Fuel, a breakthrough suspension fuel for diesel and heavy oil applications that greatly reduces cost and the emission of harmful gases, and EcoloCap Solutions Canada Inc. which offers Carbon Credit UN Certification and trading services. For additional information, please visit the EcoloCap website, http://www.EcoloCap.com.
Company Contact Information:
EcoloCap Solutions Inc.
1250 South Grove Avenue, Suite 308
Barrington, Illinois 60010
Tel: (866) 479-7041
Fax: (847) 919-8440
This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions and actual events may differ materially. Please refer to documents that EcoloCap Solutions Inc. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materials from those contained in the forward-looking statements.
# # #