New Waste Technology Set for Thailand

PRESS RELEASE
FOR IMMEDIATE RELEASE
DATE: 28 May 2007

New Waste Technology Set for Thailand

Wastesaver NZ Chief Executive John Fistonich says they are on the verge of announcing a deal which will see new waste technology that they are currently promoting in New Zealand being installed in Thailand.

Mr Fistonich, who has just returned from a trip to Thailand at the invitation of a local engineering company, says they have reached a preliminary agreement for the installation of new waste technology there.

He says Thailand is particularly interested in the electricity aspect of the technology. A Wastesaver plant processing 500 tonnes of household rubbish per day can generate up to 15 megawatt hours of electricity to households, without causing any pollution to the atmosphere.

“It is an environmentally responsible approach to processing household rubbish and turning up to 90% of it into a useable product. That means that the amount of household waste requiring land fill will reduce by up to 90% and that’s a massive positive change for Thailand” he said.

Mr Fistonich says the final deal which would be worth millions of USD will be finalised within the next month.

“The technology is a sustainable solution to disposing of rubbish in Thailand in an environmentally responsible fashion, generating much needed electricity and creating local jobs without incinerating the waste, which is a method currently used there” he said.

It is a cost effective, reliable and environmentally friendly alternative to landfilling or incineration and has passed rigorous testing from the Environmental Protection Agency in the United States.

Wastesaver New Zealand is also expanding its operation to Australia and is in discussions with a number of New Zealand Councils and other overseas Countries who have expressed an interest in the Wastesaver process. A commercial plant is in operation in California with a further 30 plants contracted to be built in that State alone.

ENDS

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