WATERLOO, ONTARIO--(Marketwire - June 8, 2012) - TurboSonic Technologies, Inc. (OTCBB:TSTA), a global provider of clean air technologies, today announced that the latest installation of its Catalytic Gas Treatment (CGT)™ technology was officially tested and confirmed to be in compliance with US EPA air pollution control regulations for the Plywood and Composite Wood Products Industry.
The installation, treating the combined exhaust gases from a particleboard press and dryer to reduce VOC (formaldehyde and methanol) emissions, is the third one at Arauco-USA's Moncure, NC wood panel production facility. The other installations, treating exhaust gases from a medium density fiberboard (MDF) dryer and MDF press, were previously tested and determined to be in compliance with applicable regulations.
CGT™ technology for these projects was selected over thermal oxidation, the traditional solution for VOC emissions control. CGT™ eliminates the need for the relatively costly combustion of non-renewable natural gas, thus avoiding the associated greenhouse gas emissions of CO2, nitrogen oxides (NOx), and methane.
Edward Spink, TurboSonic CEO, noted, "This is an exciting milestone in our strategic plan aimed at industry requirements for compliance with air pollution control regulations, while capitalizing on technologies offering additional economic advantages. We see this as the next step forward in wider acceptance of CGT™ technology. Due to the similarity of this particleboard process and emissions to the oriented strand board (OSB) process, we believe this will lead to the successful introduction of CGT™ into the large OSB market."
For more information on CGT™ technology, please visit:
TurboSonic Technologies (www.turbosonic.com) designs and markets air pollution control technologies to industrial customers worldwide. Its products help companies in the Cement and Mineral Processing, Ethanol & Biofuels, Metals & Mining, Petrochemicals, Power Generation, Pulp & Paper, Waste Incineration, and Wood Products industries meet the strictest emissions regulations, improve performance and reduce operating costs.
This press release contains statements that are forward-looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, such as: our dependence on environmental regulation to drive sales; the concentration of our revenues among a small group of customers who may vary from year to year; our ability to secure additional financing; economic downturns; and other factors that may negatively affect our customers' demands for our products. These risks and uncertainties could cause actual results to differ materially from historical results or those we anticipate. In evaluating these statements, you should specifically consider the risks discussed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2011 and other reports or documents that we have filed from time to time with the SEC. Our statements are based upon information known to us as of the date this report is filed with the SEC, and we assume no obligation to update or alter our forward-looking statements within this report, whether as a result of new information, future events or otherwise, except when required by applicable federal securities laws.
TurboSonic Technologies, Inc. (OTC Bulletin Board: TSTA - News)