SHANGHAI,
Oct. 14, 2008
(Business Wire) -
China Energy Recovery, Inc., a leader in the waste heat energy recovery sector of the alternative energy industry, announced today the completion of a new Alkali Recovery Boiler System for Zhuji Paper Mill of Guangdong Shaoneng Group in Shaoguan in Guangdong, China. Guangdong Shaoneng Group is a public industrial and energy company listed on the Shenzhen Stock Exchange of China. The contract value was RMB 5.02 million (approximately US $735,000 based on the exchange rate as of this press release date).
The Zhuji Paper Mill has long dealt with the pollution problem resulting from the residual black liquor generated from the pulp making process. The liquor is toxic to the environment and the government recently mandated that companies must provide a solution. CER was able to design and build a recovery boiler system capable of processing 160 tons of black liquor per day. It can also generate 20-25 tons of steam per hour. This is equivalent to nearly 2MW of heat energy generation capacity and will help reduce the cost of purchasing steam from outside vendors. Additionally, the alkali recovered can be reused in the pulp making process, thus further reducing material costs.
"We're very pleased to have completed our most recent system for the Guangdong Shaoneng Group," stated CER Chairman and CEO, Mr. Qinghuan Wu. "CER is proud that we were able to design a system to help solve this difficult and persistent problem. This latest system further demonstrates the flexibility of our systems to solve a variety of challenging power generation and emissions problems."
What is Waste Heat Energy Recovery?
Industrial facilities and power plants release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing the majority of carbon emissions and other harmful pollutants that would otherwise be released into the environment. It is estimated that energy recovery systems installed in U.S. industrial facilities could produce up to 20% of U.S. electricity needs without burning any additional fossil fuel, and could help many industries to meet stringent environmental regulations.
CER is an international leader in energy recovery systems, with a primary focus on the Chinese market. CER's technology captures industrial waste energy to produce low-cost electrical power, enabling industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. CER has deployed its systems throughout China and in such international markets as Egypt, Turkey, Korea, Vietnam and Malaysia. CER focuses on numerous industries in which a rapid payback on invested capital is achieved by its customers, including: chemical, petro-chemicals, refining (including Ethanol refining), coke processing, and the manufacture of paper, cement and steel. CER continues to invest in R&D and plans to build China's first state-of-the-art energy recovery system research and fabrication facility to allow it to meet the increased demand for its products and services.
