Organics Inc. signed an agreement with South Canyon Waste Systems LLC, a waste management company providing operations management services to Glenwood Springs Landfill Enterprise's South Canyon Landfill, to operate an industrial wastewater facility on the landfill. Converted Organics agreed to purchase, operate and maintain an LM-HT Concentrator from Waste Systems, in return for which Waste Systems agreed to pay to Converted Organics 100% of all payments it receives from Enterprise for waste water services, less certain agreed upon reimbursements and deductions. The Converted Organics' facility will evaporate 15,000 gal of wastewater per day with zero liquid discharge. The transaction is expected to provide Converted Organics revenue beginning in January 2011.
South Canyon Landfill is a municipally owned landfill and recycling center that serves the Glenwood Springs, Colo., community and surrounding areas, receiving approximately 6 million gal of liquid waste annually. The Converted Organics facility will use its exclusively licensed flex-fuel system by deriving waste heat from biomass (wood waste) that has been diverted from traditional landfill disposal. The facility will treat a wide range of industrial wastewater, including septic, wash waters, process waters, man-camp wastewaters and various wastewaters from oil and gas exploration.
"Waste Systems' choice to incorporate a Converted Organics facility into its already successful landfill contract demonstrates the green movement among landfill operators as our facility will evaporate off thousands of gallons of wastewater daily, and reduce the volume of waste to be buried, reducing greenhouse gas production and extending the life of the landfill," said Rick McEwen, president and general manager of the Converted Organics' Industrial Wastewater Resources division.
Source: GlobeNewswire
