Transact Energy Contracts Fichtner Engineering
May 14 2014 - 8:23AM
Marketwired
Transact Energy Contracts Fichtner Engineering
Phase 1 Engineering Review Starts for Puebla Mexico
SAN ANTONIO, TX--(Marketwired - May 14, 2014) - Transact Energy
Corp. (OTCQB: TEGY) has formally entered a Services Agreement with
Fichtner Consulting Engineers Limited based in Manchester, United
Kingdom. The formal signing of the Agreement took place on May 12th
2014 in Fichtner's offices providing for the feasibility analysis
and design of the proposed TransAct Energy Zero Emissions Waste
Optimization Plant ™ (Z.E.W.O.P. ™) for Puebla, Mx. The base cost
of the first phase of the agreement exceeds $200,000 USD and will
continue through to the plants operational certification, a cost of
a few million dollars.
The Phase 1 Engineering review was initiated on May 13th and
included a full review of the three year operating TransAct beta
plant in Henan Province, China. The review continued with the
preliminary design analysis and feasibility of a plant capable of
processing 900 to 1000 metric tonnes per day in Puebla, Mexico.
Fichtner anticipates at least 60 days of work to complete this
review.
"We are excited about working with the TransAct Z.E.W.O.P. ™
approach to municipal waste (MSW) management. The system is more
complex than traditional MSW systems however it appears to go a
long way to address landfills and incineration," says Duncan
Abernethy, Business Development Director, Fichtner Consulting
Engineers Limited. "
About Fichtner
Consulting Engineers
Fichtner is one of the world's leading independent engineering
consultancy firms. Founded in 1922, the group has over 2,000 staff,
with offices in 50 countries, and with project experience including
technical advisory and project management services in more than 160
countries.
Fichtner offers a unique combination of technical, contractual
and financial skills, with a core expertise in process, combustion
and thermal cycle engineering. It has a proven capability of
identifying; mitigating and managing the risks associated with
complex process and power generation projects.
About
TransAct Energy
Corp.
TransAct Energy Corp. is a Nevada organized company trading on
the OTCQB as TEGY. TransAct has set out to eliminate the impact of
humans waste on the environment by capturing all of the resources
in our refuse using innovations in process and technology. We do
this by developing and implementing technologies that provide
useable energy in sustainable ways.
Visit TransAct's website www.transactenergycorp.com, follow them
on twitter transactenergycorp@transactenergyc and contact them for
more information about Transact Energy.
Safe Harbor This press release contains certain statements that
may include "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects," "anticipate,"
"optimistic," "intend," "will" or other similar expressions. The
Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website at http://www.sec.gov . All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under applicable securities
laws, the Company does not assume a duty to update these
forward-looking statements.
Media Inquires: ROD BARTLETT President CEO
info@transactenergycorp.com 210-888-0785
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