Located in Seattle, Washington, ecoTECH is a development-stage renewable energy company that produces renewable and sustainable “green” energy products. Today, ecoTECH took a major step towards prominence with the announcement they have been awarded a $36 million contract from HosMedEx S.A. (Hospital Medical Express) of Ecuador.
HosMedEx is a global company that imports instruments and appliances used in the medical sector. The contract will provide HosMedEx six Gar-Crete systems for use in 6 regions across Ecuador. ecoTECH will receive $6 million USD for each delivered system and a $6 million initial deposit from HosMedEx.
ecoTECH’s Gar-Crete system is designed to convert trash into reusable concrete for industrial products such as pipes, culverts and barriers and will be utilized where infrastructure is uneconomic or unavailable.
The Gar-Crete garbage to cement ash system can produce 4 – 40 tons per hour, depending on residual MSW content and the energy content of the fuel mix into the ecoPHASER sublimation reactor section. The system can be paired with large or small cement mixing systems. Due to the action of the tumble kiln, the ash is produced and kept below its natural fusion temperature, which will vary according to the kiln feed mixture. This will make the company and its product line a friend to the environment and the marketplace alike.
Currently, ecoTECH Energy is trading in the $0.48 range. To learn more about this press release or the company as a whole, visit the company website at www.ecotechenergygroup.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment