Eurotech Ltd. (EUOT) (EUOT)

[lucky, mydog]

thanks to dancalvin on r.b..August 24, 2000

Chernobyl Shelter Requests EKOR to Contain Radioactive Material

WASHINGTON, DC. EUROTECH Ltd. (OTC: BB:EURO) EUROTECH, Ltd. is pleased to announce that the Chernobyl Shelter Project Director requested EUROTECH to begin site application of EKOR at Chernobyl Nuclear Power Plant #4. Work will begin immediately on nuclear dust suppression and isolation of fuel-containing masses in the Shelter area. This independently funded effort will prove the application technology. EKOR is a radiation-resistant, waterproof, fireproof and non-biodegradable material previously accepted by the Shelter officials, and approved for use at Chernobyl.

This request is a continuation of EKOR’s acceptance last year of as a material for long term encapsulation of radioactive waste. This phase will demonstrate application techniques under various Shelter conditions, while satisfying requirements for state licensing in preparation for wide application

Mr. V. I. Kupny, Deputy Director General of the Chernobyl Nuclear Power Plants and Head of the Shelter Project, said, “ [Successful application of EKOR technology would lead to] . . . further wide application of the material.” In 1997, the G-7 estimated total cost of the Shelter Project at $758 million. The European Bank for Reconstruction and Development funds the Shelter Project.

EUROTECH, Ltd. obtained independent funding for this EKOR application, which is executed outside the Shelter Implementation Plan. Scientists from the Euro-Asian Physical Society / Kurchatov Institute will conduct the EKOR application supported by Chernobyl (Shelter) personnel.