Nathaniel Energy Corporation (NECX), Castle Rock, Colo., announced today the purchase of a custom-designed shredder.
The system uses equipment engineered and manufactured by Industrial Systems Inc. of Delta, Colorado. Key components include: a specialized "finish" shredder to produce tire derived fuel as small as 3/4" minus at high volumes, quick change out of all necessary operating systems and a more efficient maintenance design for lower cost maintenance and longer on-line production. On-line operations for the new shredder are scheduled to begin mid July 2002.
The shredding system will be installed at the company's Hutchins, Texas, plant. NECX expects the shredding system to increase production by 4,000 tons of tire-derived fuel (TDF) per month.
NECX expects its investment in design innovations and producing the most up to date shredding technology will enable it to supply customers with the highest quality TDF product available. The company's start-up team expects to have all of the recently purchased equipment in full production by late July 2002.
NECX is an energy-based technology company whose proprietary patented technology allows the implementation of innovative and profitable ways in handling the waste disposal problem of recycling and the subsequent creation of low-cost alternative fuel suitable for producing energy for heating and electricity. Assisting corporations and municipalities in saving significantly on energy and waste disposal costs strategically positions NECX to capture a significant portion of the multi-billion dollar alternative energy industry.
While numerous companies are involved in the collection, separation and disposal of old tires, it is NECX's patented proprietary technology combustion process called "Thermal Gasifier" that has been applauded by various municipalities as an environmentally friendly process that cleanly burns shredded tire material, providing safe, low cost energy within the guidelines and regulations of the EPA.
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