Energy Composites Corporation Completes Production on Large Diameter Flue Gas Desulfurization Duct
July 22 2010 - 8:30AM
Business Wire
Energy Composites Corporation (“ECC”) (NASDAQ OTC:ENCC) a
leading provider of composites-based solutions to the clean-tech
sector, today announced that it has completed production on two
large diameter integral flanged duct spools for use in a flue gas
desulfurization (FGD) installation. The spools represent the
company’s latest work for the $10 billion FGD market. ECC expects
to deliver the spools this month.
Utilities in the United States face a 2015 regulatory deadline
for mitigating the emission of sulfur dioxide from coal-fired power
plants in compliance with the Clean Air Act Amendments of 1990. The
most effective mitigation strategy is the use of FGD scrubbers,
which require very large composites-based structures that are both
abrasion and corrosion resistant. ECC expects the FGD market to
grow through 2015 as utilities make final decisions on their
compliance strategies.
ECC builds scrubber components using Class I Premium Grade Fire
Retardant Vinylester Resin, Boron Free fiberglass materials and 100
mil Carbon Veil liners to create required conductivity for the
units.
The contract with a large engineering firm requires the
fabrication of a sixteen-foot diameter, 24 foot long spool and an
eighteen-foot diameter, 26 foot spool. Both spools are made in one
piece construction and self-supported with fiberglass reinforced
plastic saddles attached.
“Innovative thinking won us this contract,” Jamie Mancl, ECC’s
founder and President, noted. “Being able to produce structures
this large in our climate controlled facilities allows us to ensure
the highest level of quality while delivering cost effective
solutions to our clients. This contract represents an important
first step in our business relationship with a leading
international provider of energy products and services, and we look
forward to a long relationship to help create value for them.”
About Energy Composites Corporation
ECC operates a world-class, automated 73,000 sq. ft.
climate-controlled manufacturing facility in Wisconsin Rapids, WI,
employing advanced composite materials to design, engineer and
manufacture complex composite structures, vessels and processing
systems for a range of clean-tech applications that include: wind
energy system components, flue gas desulfurization for power
plants, infrastructure for biofuel storage and processing,
infrastructure for managing waste water and drinking water storage,
advanced municipal utilities infrastructure, and caustic material
storage and handling systems for the petrochemical, mining and the
pulp and paper industries. ECC also provides 24/7 field service
crews nationwide for wind energy system composites maintenance,
repair and overhaul; industrial retrofit, shutdown and maintenance;
system installation; and repair and inspection services. For
additional information, visit our website at
www.energycompositescorp.com or contact Jamie Mancl at
1-800-787-5439.
Certain statements found in this press release may constitute
forward-looking statements. Forward-looking statements are based on
current expectations and include any statement that does not
directly relate to a current or historical fact. Such statements
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similar words. Our forward-looking statements in this release
generally relate to our expectations and beliefs with respect to
our growth and expansion activities and plans. Although it is not
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results to differ from our forward-looking statements, such factors
include, among others, the following: (i) unforeseen delays, costs
or liabilities associated with our growth and expansion plans; (ii)
the sufficiency of our working capital or availability of project
financing; (iii) fluctuations in general economic conditions; and
(iv) those risks described from time to time in our reports to the
Securities and Exchange Commission. Investors should not consider
any list of such factors to be an exhaustive statement of all of
the risks, uncertainties or potentially inaccurate assumptions that
could cause our current expectations or beliefs to change.
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“forward-looking statements” as such statements speak only as of
the date of this release. We undertake no obligation to update
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