MANILA, Philippines, Oct. 19 /PRNewswire/ -- Spectrum Blue Steel Corporation announced today that the construction for the San Fernando access road from the Mega Dike to the Project Site as well as perimeter fencing is now ready to start. The contractor who has been awarded the construction is Saint J's builders, who is a major construction company located in San Augustin city of San Fernando.
Ronald Flynn, the founder of spectrum blue steel stated, "Under the terms of the Public and Partnership Agreement (P&PPA) between Spectrum Blue Steel and the City of San Fernando, Spectrum Blue Steel is the developer and operator of the City of San Fernando Biosphere New Gasification Facility, which is located at Barangay Lara, San Fernando City Pampanga. This facility is a waste to energy plant that True Green Energy Corporation promotes on a global scale.
The Biosphere system is designed as a "ONE STOP SHOP" providing for up to 100% recycling of the total tonnage of MSW collected. The biosphere system is a Superb and unique technology system and is able to generate electrical micro-power with all kinds of wastes including traditional oil, infectious, medical and toxic waste. In addition, the Biosphere Process System heats and converts solid waste in an atmosphere that does not produce smoke or odors and therefore is capable of being placed directly in the center of any town with no pollution to the atmosphere. This system will now be used specifically for the purpose of producing electricity for local use-ability in the city of San Fernando.
The Biosphere Process and Technology gasifies solid wastes into green energy, which is used to heat steam that drives an electricity turbine. In other words, municipal wastes, a reoccurring feedstock, are used to produce green energy. The power generated from waste is fed into a power grid, deriving carbon credits and simultaneously riding the environment of the ever increasing supply of household wastes. This process also uses all kinds of wastes such as chemical, industrial, agricultural and mineral wastes.
Spectrum Blue Steel Corporation will be able to provide green energy, at a time when the world is seriously addressing greenhouse gas emissions, from a constantly occurring renewable source - MSW (Municipal Solid Waste), making it able to support base load more successfully than any of the alternatives such as solar or hydro electricity.
The plant located in San Fernando has been designed with a complete green strategy. The first phase of the Biosphere green power plant is a recycling system better known as a "MRF" or a Material Recycling Facility that includes a bailer, sorter, grinder, and pelletizer that creates the biosphere flakes that power the biosphere unit. The faith Group Corporation Represented by their general manager Chris Jiang, who is located in New Jersey along with plastic grinding recycling corporation represented by Leroy Johnston, has already submitted their letter of intent to purchase all the scrap plastics, metal, cardboard, and paper. The Spectrum's program represents a "green" solution that has the potential to generate millions of dollars to municipalities and cities, sooner rather than later. The combination of innovative technology and marketing approach employed by Spectrum provides a rapid return of capital and profits from the acceleration of the entire WTE gasification facility design and investment process. Additionally, David Firestone, the director of recycling of Timbron International, has also signed a letter of intent to obtain 100 percent of the available EPS foam from the Spectrum Blue Steel recycling plant.
Ronald Flynn also confirmed, Spectrum Blue Steel signed a non-exclusive Global Marketing and Licensing Agreement with Global Fran Tech Group, Fran Tech USA, Fran Tech Asia, Fran Tech Indonesia, Fran Tech India and Fran Tech Guangdong. He explained, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing master distributorship agreements. With more than 35 years of experience, FranTech knows international trade policy, law, marketing, investment banking, and technology research. Their broad expertise, coupled with access to key governmental and financial institute's decision makers, provides services uniquely valuable to Unified Markets overseas."
Fran Tech's mission is to foster the development of the global economy by providing a global perspective to developers, marketers, manufactures, and innovators of newly emerging and pre-emptive technologies. They offer world-class solutions for the licensing and transfer of USA innovations to emerging economies in 220 countries worldwide for over thirty-five years. Philip Nadeau, CEO of Fran Tech, said, "We see a tremendous market worldwide for Spectrum's Biosphere System and Green Technology and already have interest from several countries. We plan on developing brand name recognition and positioning of Spectrum Blue Steel distributorships with many governmental agencies and financial institutes where we already have relationships in place and can help finance the project."
Spectrum is a domestic corporation duly registered under the laws of the Philippines and holds a license to the Biosphere Technology from Global Environmental Energy Corporation GEECF.OB. Global is a fully integrated energy company whose interests include electrical power generation, oil and gas exploration and production, clean coal and waste management technologies.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.
CONTACT: Ronald Flynn of True Green Energy Group, +639-1-8888-0017
Spectrum Blue Steel
CONTACT: Ronald Flynn of True Green Energy Group, +639-1-8888-0017
Web Site: http://www.spectrumbluesteel.com/
