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| Applied CleanTech - Sewage Recycling System |
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Applied CleanTech signed an agreement this week with entrepreneurs in Slovenia and Croatia, for the establishment of some 200 Applied units at the countries' wastewater treatment facilities.
The sludge buildup as a wastewater byproduct in these countries is currently transported to Austria for incineration, due to lack of a better solution - thereby incurring high treatment costs. Applied CleanTech's new technology will enable Slovenia and Croatia to transform their sewage wastewater into high-quality raw materials for the global plastics and paper industry, and lessen the load on regional wastewater treatment plants by some 35%. The value of the transaction is estimated at over EUR10 million over the next five years. The technology is implemented in a automatic and efficient facility which recycles raw sewage solids and transforms them into high energy products through a continuous process (SRS - Sewage Recycling System). At the end of the process, the sewage solids turn into a clean and environmentally-friendly raw material with high energy potential, establishing the treatment facility as a manufacturer of surplus green energy. The Company's development was designed to solve the problems of sewage treatment, and is the only one of its kind worldwide. Today, part of the tremendous amount of waste produced by the human population is carted away in trash cans to be disposed of by landfill or incineration, and part is disposed of via the sewers to wastewater treatment facilities. Raw sewage entering the treatment facility contains and oils and toxic compounds. Treatment of all these requires great energy investment, numerous chemicals and a solution for the sludge produced as a byproduct. Today, sludge constitutes one of the most acute environmental problems in globally. Dr. Raphael Aharon, CEO and founder of Applied Cleantech: "The revolution is in recognizing solids incineration , as a resource and basis for a raw material, which can be sold back to industry to widen the recycling circuit. Currently, the Company is in advanced negotiations with additional countries in the U.S. and Europe to establish more projects of this kind."
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