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October 28, 2002
NEWS SUMMARY: PET, Kinectrics, MWH sign MOU to advance process commercialization
TORONTO, ONT-Plasma Environmental Technologies (PET) has signed a memorandum of understanding (MOU) with MWH and Kinectrics to pursue consulting, engineering, procurement, and construction services for PET's and Kinectrics' Plasma Assisted Gasifier (PAG) technology. This MOU follows PET's agreement with Kinectrics, announced in August, to develop and test the PAG Technology (ELW August 12-19). The PAG technology is a unique cogeneration system that safely and effectively destroys organic wastes while producing electricity. The system incorporates a graphite plasma reactor that operates as a closed system without combustion, and is consequently cleaner than incineration and cost-competitive with other destruction technologies and landfills. The electricity produced can be sold, or used internally to enhance cost-efficiency. "MWH has the expertise and global network to help propel our PAG technology into exciting commercial applications," said PET president Alex Falconer. MWH (www.mwhglobal.com) is a private multi-national firm with over 6,000 employees worldwide. It provides engineering design and remediation, construction, procurement and program management services as well as technology for the environmental, land, water, wastewater, energy and power markets of the Americas, Europe, Middle East, India, Asia and the Pacific Rim. More information is available from Alex Falconer, 416/862-8243, FAX 416/862-7014, E-mail email@example.com, or on the PET Web site, www.plasmaenvironmental.com.