STARTECH'S CHINA DISTRIBUTOR ANNOUNCES JOINT VENTURE CONTRACT INCORPORATING A PLASMA CONVERTER SYSTEM™
WILTON, CT, July 13, 2006 --/WORLD-WIRE/-- Startech Environmental Corporation (OTCBB: STHK) announced today Startech's Distributor, GlobalTech Environmental Incorporated (GlobalTech) signed a $15 million joint venture contract with the Liaoning Academy of Environmental Sciences for the establishment of the Liaoning GlobalTech Hazardous Waste Processing Facility Co. Ltd. using the Startech Plasma Converter System.
The 20,000 pound-per-day Startech System that will be the first in China will process industrial hazardous waste including PCBs.
In October of 2005, Startech announced that GlobalTech, with offices in Shanghai, Beijing and Changzhou was appointed its exclusive distributor for the Peoples Republic of China.
Startech - a Waste Industry and Energy Company
Startech Environmental is a Waste Industry and Energy company producing and selling of its innovative, proprietary plasma processing equipment known as the Plasma Converter System™.
The Plasma Converter System safely and economically destroys wastes, no matter how hazardous or lethal, and turns them into useful and valuable products. In doing so, the System protects the environment and helps to improve the public health and safety.
The System achieves closed-loop elemental recycling to safely and irreversibly destroy Municipal Solid Waste, organics and inorganics, solids, liquids and gases, hazardous and non-hazardous waste, industrial by-products and also items such as "e-waste," medical waste, chemical industry waste and other specialty wastes while converting many of them into useful commodity products that can include metals and a synthesis-gas called Plasma Converted Gas (PCG)™.
Among the many commercial uses for PCG, it can be used to produce "green power," fuel-grade ethanol and also hydrogen for sale.
The Startech Plasma Converter is essentially a manufacturing system producing commodity products from feedstocks that were previously regarded as wastes. Startech regards all wastes, hazardous and non-hazardous, as valuable renewable resources.
For further information, please visit www.startech.net
CONTACT:
Steve Landa
(888) 807-9443
(203) 762-2499 x 7
sales@startech.net
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