WEGBERG, Germany, June 2 /PRNewswire/ -- Clyvia Technology GmbH today announced that it has concluded a contract with HII GmbH Industrieanlagen Bau und Beratung that calls for HII to become the company's exclusive sales representative for decentralized fractionated depolymerization systems for plastics and used oil in Argentina, Venezuela and numerous Arab countries.
The Middle Eastern countries to which the marketing licenses apply are Egypt, Libya, Syria, Bahrain, Jordan, Kuwait, United Arab Emirates, Iran, Iraq, Lebanon, Oman, Qatar and Saudi Arabia. The agreement is effective retroactively as from November 1, 2005 and has an initial term of five years. The partners' goal for this period is to sell a minimum of 15 HII-CL 500 systems in the aforementioned countries.
Bad Soden-based HII GmbH was founded in 1978 and specializes in the elaboration and manufacture of turnkey industrial installations worldwide. In addition to technical transport systems and environmental installations and infrastructures, HII also provides production facilities for companies in the food processing, construction materials and heavy industry sectors. HII also provides consulting services for governments and large enterprises in connection with projects such as building a dry dock in the United Arab Emirates city of Abu Dabi, where the company is coordinating a USD450 million project.
Production installations for heating oil and diesel made from used oil and plastics
Clyvia realizes production facilities that are used to make heating oil and diesel from residual organic products such as used oil, flushing oil and plastic, and in so doing employs a process that is based on fractionated depolymerization and that is similar to the petroleum cracking process.
The HII-CL 500 can produce 500 kg of material of fuel per hour. A system now in operation in Germany currently makes diesel fuel at a cost of about 25 cents per litre.
This patented Clyvia technology also allows for cost effective waste recycling. The system can handle from 4000 to 10,000 tons of material annually and can be customized for specific operators' requirements. Clyvia estimates that up to 10,000 such installations could potentially be realized worldwide.
Clyvia Technology GmbH is a subsidiary of Las Vegas based Clyvia Inc., which is listed on the Frankfurt stock exchange (WKN: A0F59X, ISIN: US18975K1088) and the New York Stock Exchange (OTC BB: CLYV.OB).
Clyvia Technology GmbH markets the HII-Cl 500 worldwide.
Contact for technical matters:
Dr. Manfred Sappok
CEO
Clyvia Technology GmbH
Friedrich-List-Allee 10
41844 Wegberg-Wildenrath
Tel.: +49-2432-89-36-26
Fax: +49-2432-89-36-29
E-mail: info@clyvia-tec.com
© 2006 PR Newswire
