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Startech Environmental Receives Downpayment for New Plasma Converter Facility China

Startech Environmental Corporation
2006-11-02 16:23 4750


WILTON, Conn., Nov. 2 /Xinhua-PRNewswire/ -- Startech Environmental

Corporation (OTC Bulletin Board: STHK), a fully reporting company, announced

that it has received the 15% downpayment from GlobalTech Environmental

Corporation, the Company’s exclusive distributor for the Peoples Republic of

China, to start the production of the 20,000 pound-per-day Plasma Converter

System to be located in heavily-industrialized Northeast China. The

downpayment does not include the $250,000 distributor-fee paid to the Company

by GlobalTech. This first-of-its-kind Startech facility in China, scheduled

to go on-line in 2007, will be processing hazardous PCBs (Polychlorinated

Byphenyls) and POPs (Persistent Organic Pollutants).

"In 2050 every second human being will die from cancer due to

contamination in food, water and the environment," according to the World

Health Organization in talking about POPs.

Steve Landa, Startech VP, said, "These are very nasty industrial

materials. The Plasma Converter System destroys each and every one of these

materials totally and irreversibly. The Converter is ideally suited to

completely and safely destroy POPs, PCBs and other hazardous products no

matter how persistent and no matter what the form or the chemical

composition."

Pat Quinn, GlobalTech Chief Executive Officer, said, "In addition to this

first system on the ground in China for hazardous waste, we also have many

other important projects in contract development for which we already have

executed Letters of Intent and also Agreements in China.

"Just on Waste-to-Alternative Fuels alone, we have a 100-TPD Tires and

Refinery Tank Bottoms project in Northern China, an initial 100 TPD project

for Black Coal in Mongolia, 250 TPD for Tires in Hunan Province, and 500 TPD

for Tires in Nanjing. We also have waste-to-hydrogen projects in South Korea

and hazardous waste projects in the Philippines."

Joseph F. Longo, Startech President, said, "With 20 percent of the world’

s population, and the challenges of its white-hot industrialization, China

has put environmental stewardship and sustainable development very high on

its list of priorities.

China is a very important market for the Company; one we’ve been working

on for the past five years."

What Are POPs and Why Harmful

The 8th International Forum on Hazardous Chemicals and Pesticides was

held in Sophia in late May 2005. The Forum brought together governments, UN

agencies, industrial companies, international government organizations, non-

government organizations and private sector stakeholders to develop and to

implement a solution for the threat to the world of POPs, obsolete pesticides

and hazardous chemical waste.

An immediate focus is to establish Environmentally Sound Management (ESM)

practices on cleaning up obsolete stockpiles of pesticides for Central

European and the EECCA Countries (Eastern European countries, Caucasus and

Central Asia).

POPs means Persistent Organic Pollutants. They include materials such as:

Aldrin

Chlordane

DDT

Dieldrin

Endrin

Heptachlor

Hexachlorobenzene

Mirex

Toxaphene

Every human in the world carries traces of POPs in his or her body. They

damage the nervous and immune systems, cause cancer and reproductive

disorders, and interfere with normal infant and child development.

They all share four properties:

1-- they are highly toxic;

2-- they are stable and persistent;

3-- they evaporate and they travel long distances through the air and

through water ... and, worst of all,

4-- they accumulate in the fatty tissue of humans and wildlife ...

especially in a woman’s breast ... even in a mother’s milk.

"In addition to producing death and sickness through direct contact, many

highly toxic chemicals and pesticides persist for years in the environment,

where they cause long-term damage to human health and to nature", said Klaus

Toepfer, executive director of the United Nations Environment Program, "These

substances travel readily across international borders to even the most

remote region, making this a global problem that requires a global

solution."

He also said, "A growing body of scientific evidence indicates that

exposure to very low doses of certain POPs -- which are among the most toxic

substances ever created -- can lead to cancer, damage to the central and

peripheral nervous systems, diseases of the immune system, reproductive

disorders and interference with normal infant and child development.

Another concern behind the initiative is the growing accumulation of

unwanted and obsolete stockpiles of pesticides and toxic chemicals,

particularly in developing countries. Dump sites and toxic drums from the

1950s, 1960s and 1970s are now decaying and leaching chemicals into the soil

and poisoning water resources, wildlife and people.

These highly stable compounds can last for years or decades before

breaking down. They circulate globally through a process known as

the "grasshopper effect." POPs released in one part of the world can,

through a repeated (and often seasonal) process of evaporation, deposit,

evaporation, deposit, be transported through the atmosphere to regions far

away from the original source.

In addition, POPs concentrate in living organisms through another process

called bioaccumulation. Though not soluble in water, POPs are readily

absorbed in fatty tissue, where concentrations can become magnified up to

70,000 times the background levels. Fish, predatory birds, mammals and humans

are high up the food chain and therefore absorb the greatest concentrations.

When they travel, the POPs travel with them. As a result of these two

processes, POPs can be found in people and animals living in regions such as

the Arctic, thousands of kilometers from any major POP source.

What are PCBs

PCB is the abbreviation for a family of manufactured industrial products

called polychlorinated biphenyls, and PCBs come in many forms. They are

complex molecular products comprised principally of chlorine and carbon atoms.

The major use of PCBs has been in industrial electric equipment

especially in transformers, capacitors, voltage regulators and

electromagnets. In operation, these devices produce undesirable heat and

PCBs help to remove that heat while operating as an effective non-flammable

dielectric (an electrical insulator). PCBs have also been used in hydraulic

systems, as plasticizers and as additives in lubricants. Among PCBs’

important industrial characteristics are its chemical stability and its

resistance to degradation. It is these very robust characteristics that make

PCBs so persistent and troublesome in the environment.

PCBs are dangerous and harmful, and PCB concentrations have been found in

water, soil, animals, plants and the food chain all over the world, even in

the polar ice caps ... a testament to the atmospheric transport of global

contamination.

Concentrations have also been detected in the fatty tissue of humans,

animals and fish. PCB biomagnifications concentrations have even been found

accumulated in "mother’s milk."

Why Are PCBs So Harmful

PCBs are pernicious materials that enter the body through the lungs,

digestive system and even through the skin, and tend to accumulate in the

fatty tissues of the body. The World Wildlife Fund reports that, "PCBs

interfere with many biological functions, including the immune system, the

nervous system and several endocrine systems, and fetuses appear to be

particularly vulnerable to these actions. Chronic low level PCB exposures

can cause liver damage, reproductive abnormalities, immune suppression,

neurological and endocrine system disorders, retarded infant development, and

stunted intellectual function.

About Startech -- an Environment and Energy Company

Startech Environmental is an environment and energy industry company

engaged in the production and sale of its innovative, proprietary plasma

processing equipment known as the Plasma Converter System(TM).

The Plasma Converter System safely and economically destroys wastes, no

matter how hazardous or lethal, and turns them into useful and valuable

products. In doing so, the System protects the environment and helps to

improve the public health and safety. The System achieves closed-loop

elemental recycling to safely and irreversibly destroy Municipal Solid Waste,

organics and inorganics, solids, liquids and gases, hazardous and non-

hazardous waste, industrial by-products and also items such as "e-waste,"

medical waste, chemical industry waste and other specialty wastes while

converting many of them into useful commodity products that can include

metals and a synthesis-gas called Plasma Converted Gas (PCG)(TM).

Among the many commercial uses for PCG, it can, for example, be used to

produce "green power," and Alternative Fuels such as ethanol and other

alcohol fuels, synthetic diesel fuels and also hydrogen for use and for

sale.

The Startech Plasma Converter is essentially a manufacturing system

producing commodity products from feedstocks that were previously regarded as

wastes. Startech regards all wastes, hazardous and non-hazardous, as

valuable renewable resources.

For further information, please visit http://www.startech.net or contact

Steve Landa at (888) 807-9443, (203) 762-2499 EXT 7 or sales@startech.net

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements, including

statements regarding the Company’s plans and expectations regarding the

development and commercialization of its Plasma Converter(TM) technology.

All forward-looking statements are subject to risk and uncertainties that

could cause actual results to differ materially from those projected.

Factors that could cause such a difference include, without limitation,

failure of the customer to obtain appropriate financing for the project,

general risks associated with product development, manufacturing, rapid

technological change and competition as well as other risks set forth in the

Company’s filings with the Securities and Exchange Commission. The forward-

looking statements contained herein speak only as of the date of this press

release. The Company expressly disclaims any obligation or undertaking to

release publicly any updates or revisions to any such statement to reflect

any change in the Company’s expectations or any change in events, conditions

or circumstances on which any such statement is based.

Source: Startech Environmental Corporation
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