First Waste Transload Inc.

First Waste Transload Inc.

March 18, 2008 09:08 ET

First Waste Transload Inc. Revolutionizes Waste Management Industry by Introducing North America's First Waste Transload Facility-Rail Transport Model

Leading edge waste management/transportation company set to substantially reduce CO2 emissions by using rail to transport waste

TORONTO, ONTARIO--(Marketwire - March 18, 2008) - First Waste Transload Inc. (FWTI) is set to revolutionize Canada's waste management industry and dramatically reduce Southern Ontario's CO2 emissions by transporting construction and demolition ("C&D") and industrial, commercial and institutional ("IC&I) waste by rail. FWTI is Canada's only company to transport C&D / IC&I waste by rail. FWTI will commence operations at CN's MacMillan Rail Yard today.

"The future of waste management depends upon our ability to provide effective and economic waste transportation services while serving the good of the environment," said Joel Wagman, Q.C., Chairman, FWTI. "We are at the forefront of this new paradigm. By using trains rather than trucks, FWTI proves that waste management can be eco-friendly, and people friendly, through less congestion on our roads, highways and at our borders."

Each year, the Greater Toronto Area (GTA) generates about seven million tonnes of industrial, commercial, institutional and C&D waste. This is transported from the GTA and other parts of Southern Ontario to landfills located in U.S. border states on long-haul trucks, which collectively emit high levels of CO2, cause serious wear-and-tear on the province's highways and congest Canada-U.S. border crossings.

Long before it became fashionable to "go green," FWTI saw the potential for environmental stewardship and business efficiencies by changing the way C&D and IC&I waste is transported. FWTI recognized that the future of waste management greatly depended on exploring and determining solutions for both greater fuel consumption efficiency and answers to the global warming crisis. The waste management industry is increasingly frustrated by the unpredictability of truck transport and bottom lines which are both vulnerable and sensitive to US/Canada border congestion and high fuel costs. FWTI's innovative rail model was conceived to address these issues and is a result of years of planning.

PUTTING THE ENVIRONMENT BACK ON TRACK

Perhaps the biggest effect that FWTI will have is on the environment. One FWTI train can carry the equivalent of 300 truckloads of C&D / IC&I waste-approximately 2,000 tonnes-and can move each tonne 500 kilometres using the equivalent of only 4.5 litres of fuel per tonne. FWTI estimates that transporting C&D / IC&I waste by rail will remove about 37,000 truck trips in its first year of operations, and eventually, more than 185,000 truck trips from Southern Ontario's highways during the next five years. This is expected to reduce highway infrastructure costs, substantially ease U.S. border traffic congestion and improve trade flowing between Ontario and the U.S.

According to independent global environmental consultancy Golder Associates, if FWTI moves 1,000,000 tonnes yearly of C&D / IC&I waste by train via the MacMillan Transload Facility, additionally planned Transload Facilities and other rail methodologies, it is anticipated that Ontarians can expect a 56 per cent reduction of CO2 emission in the air they breathe caused by C&D / IC&I truck transport.

FWTI's services are presently available throughout the GTA. The company will soon expand its services throughout Southern Ontario to better serve customers and make it possible for more waste industry participants to manage their C&D and IC&I waste in both an environmentally friendly and bottom-line effective manner.

FWTI operates North America's first and largest purpose-built Transload Facility. Located in Concord, Ontario, FWTI's rail focused Transload Facility is specifically designed and dedicated to receiving C&D and IC&I waste from short-haul trucks and transporting such waste to final destination landfills. FWTI commenced operations on March 18, 2008, and to date implements 164 Canadian-built rail cars, each with 105 tonnes capacity for the transporting of IC&I and C&D waste.

"The reality is, construction and demolition, industrial, commercial and institutional waste will continue to be produced no matter what pertains to the general economy," said Wagman. "By moving C&D and IC&I waste on trains, FWTI is leading the way by helping other industries and businesses to do their part by not only improving Ontario's air quality but also doing it in an environmentally meaningful and low-cost manner."

ABOUT FIRST WASTE TRANSLOAD INC.

First Waste Transload Inc. (FWTI) is a wholly-owned subsidiary of First Waste Utilities Canada Ltd. FWTI operates the first and largest purpose-built Transload Facility in North America, specifically designed and dedicated to the processing and transportation of construction and demolition (C&D) and industrial, commercial and institutional (IC&I) waste.

In addition to the tremendous reduction in CO2 discharge, FWTI's innovative, less expensive, pragmatic and environmentally-beneficial railway approach also reduces highway infrastructure costs, substantially lessens U.S. border traffic congestion and decreases fuel, construction and demolition costs for both its clients and the Canadian public. www.firstwastetransload.com.

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