Contact Information: Source: Danielle Prieur Communications Department 450 370-4770, poste 4875 Information: GLOBAL CLEAN ENERY INC. Investor Relations 303-522-8449
A Unique Project in Canada in Waste Management: The City of Salaberry-de-Valleyfield and Global Clean Energy Inc. Begin Testing an Experimental Gasification Technology
| Source: Global Clean Energy
SALABERRY-DE-VALLEYFIELD, QU--(Marketwire - December 9, 2009) - Following a grant from the
Green Municipal Fund (GMF) of the Federation of Canadian Municipalities,
the City of Salaberry-de-Valleyfield and its partner, Global Clean Energy
Inc., a US public company (OTCBB : GCEI ), announce field testing of an
innovative gasification project to convert Municipal solid waste (MSW) and
industrial waste to synthetic gas and biodiesel. The testing is currently
ongoing in Kingsey Falls in the Eastern Townships and will continue in the
industrial park here in Salaberry-de-Valleyfield.
Global Clean Energy's proprietary technology for recycling carbon-based
waste is the preferred solution for gasification of waste. The process was
developed in collaboration with Cascades Engineering and Projects, a
division of Cascades Canada Inc. The system uses high-pressure
high-temperature steam in an oxygen-free reactor, thereby reducing
environmental impact. This new technology allows faster reduction of
carbon-based materials to produce synthetic gas that can easily be
converted to fuel or other forms of energy, as needed.
This project, developed in accordance with the City's Sustainable
Development Action Plan, in agreement with the Green Municipal Fund
criteria and in conjunction with the government MSW objectives, will
significantly reduce the amount of waste Salaberry-de-Valleyfield sends to
landfill. It will also produce substantial savings on costs generated by
the transportation and disposal of waste. Furthermore, the City of
Salaberry-de-Valleyfield's continued association with Global Clean Energy
on this project will eventually lead to the creation of a new source of
biodiesel to fuel some of its installations and reduce its energy costs.
The field testing will validate Global Clean Energy's process. On the basis
of conclusive results and in a subsequent phase, gasification in
Salaberry-de-Valleyfield will eliminate more than 12,500 metric tons of MSW
generated by its citizens. During the commercial phase, the implementation
of a regional sorting center and a gasification plant should help process
30,000 to 50,000 metric tons of waste per year. Gasification is a logical
solution for the whole Beauharnois-Salaberry and the surrounding areas to
reduce MSW landfill.
The full-scale gasification project will have several environmental
benefits, such as the elimination of 9000 truck loads per year of MSW to
landfill. Currently, MSW is carried over 115 km to reach the landfill.
The full-scale plant is expected to eventually produce over 45,000,000
litres (10,000,000 gallons) of bio diesel from MSW and industrial waste
products, and create local jobs during the construction and operation of
the facilities. Finally, this project will significantly reduce greenhouse
gases by preventing the production of biogas at landfill sites and by
reducing vehicle emissions generated by the transportation of waste
material to landfill sites.
"Gasification of the municipal waste is an important milestone in our
sustainable development action plan," noted Mr. Denis Lapointe, mayor of
the City of Salaberry-de-Valleyfield. He added, "This gasification project
is directly in line with the development plan of the Municipality and the
region, as it will add to the green technology and recycling cluster and
will become an important element in the recycling chain for end-of-life
material."
"Salaberry-de-Valleyfield and GCEI," continued Mr. Lapointe, "are
partnering with their financial contributors, the Green Municipal Fund of
the Federation of Canadian Municipalities and the MRC of
Beauharnois-Salaberry. The project has a strong technical team of experts
from Global Clean Energy, Cascades Canada Inc. and Concordia University.
Finally, the Sustainable Development and Environment Advisory Committee of
the City of Salaberry-de-Valleyfield will monitor progress."
"We are proud to be associated with the City of Salaberry-de-Valleyfield,"
said Mr. Kenneth Adessky, co-founder and CFO of Global Clean Energy. "This
innovative project marks the accomplishment of the work started several
years ago that will allow Global Clean Energy to confirm its position as a
global leader in gasification."
Global Clean Energy Inc. is a public company on the NASDAQ stock exchange
(OTCBB : GCEI ) with offices located in Montreal, Houston and London,
England. It was founded by Dr. Earl Azimov and Mr. Kenneth Adessky
following the purchase of technological licenses and the development of
patents in environmental technologies through its subsidiary, Vision
Capital Research. Along with the gasification pilot project with the City
of Salaberry-de-Valleyfield, GCEI is researching and developing commercial
applications for the production of biodiesel from algae. It is also
pursuing development projects for pumping and recycling coal slurry using
its revolutionary compressed AirPump™ in conjunction with its hybrid
gasification technology.
"Salaberry-de-Valleyfield always seeks innovative projects that will help
the city in its quest for clean sustainable development," concluded Mayor
Lapointe.
Statements in this release, other than statements of historical fact, may
be regarded, in certain instances, as "forward-looking statements" pursuant
to Section 27A of the Securities Act 1933 and Section 21B of the Securities
Exchange Act 1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements are
made, and involve risks and uncertainties, which could cause actual results
or events to differ materially from those currently anticipated, including,
but not limited to delays, difficulties, changed strategies, or
unanticipated factors or circumstances affecting the GCEI and its business.
A number of these risks and uncertainties are described in GCEI's periodic
reports filed with the Securities and Exchange Commission. There can be no
assurance that such forward-looking statements will ever prove to be
accurate and reader should not place undue reliance on any such
forward-looking statements contained herein, which speak only as of the
date hereof. The GCEI will not republish revised forward-looking statements
to reflect events or circumstances after the date hereof to reflect the
occurrence of unanticipated events.