Trash into Treasure?

[Riprorin]

Trash Into Treasure?

Newsweek

Feb. 9 issue - Even without the time travel, it's a stretch to say that "Back to the Future Part II" was even a little realistic. Case in point: shouldn't we have flying cars by now? But one of the movie's other snazzy technologies?"Mr. Fusion," the trash bin cum energy source?is ready for reality. Like Mr. Fusion, Startech Environmental's new Plasma Converter can turn trash, even hazardous waste, into power, in the form of a hydrogen-rich gas. One converter is already running in Japan, and founder Joe Longo says he has bids out in "Europe, Latin America, the Pacific Rim"?pretty much everywhere. Two weeks ago he floated a proposal to the "garbage nerds" of the New York Citywide Recycling Advisory Board. (That's co-chair Kendall Christiansen's phrase, not ours.) Another company, Masada, is also seeking N.Y.C.'s attention and building a trash-to-ethanol plant in Middletown, N.Y. And Changing World Technologies is touting a machine that turns organic waste into oil. Changing world, indeed.

?Mary Carmichael

© 2004 Newsweek, Inc.

Good press for STHK. (I'm long by the way!).

Great for the environmenmt and hopefully goof for my wallet too.

 

[Maetryx]

Originally posted by: Riprorin
Trash Into Treasure?

[snip article]

© 2004 Newsweek, Inc.

Good press for STHK. (I'm long by the way!).

Great for the environmenmt and hopefully goof for my wallet too.

Undoubtedly, you're inadvertently correct.

 

[Riprorin]

Time'll tell!

 

[Maetryx]

I read the financial information over at finance.yahoo.com, and I wasn't swayed one way or the other. They appear to be sitting on about $4 million capital, but are losing money hand over fist... which is par for the course of either an innovative startup or a complete dot bomb.

They're not the only ones trying to make a resource out of garbage. But I'm not convinced by the technology yet. I'll probably research this some more, because as it happens, I work in the solid waste industry.

--Maetryx

 

[Riprorin]

Here's a link to their website:

Startech Environmental Corp

Their process converts hazardous waste into a commercially useful silicate and a H2 rich flu gas which can be futher separated into pure H2 using a propietary ceramic filter.

Let me know what you think.