Matt Scholl
New Collaborator
Registered: Jun 2008 Post Number: 1
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| | My company is trying to get funded to start construction of a Solid Waste Recycling Plant in Texas. We have funding in place from a non-profit organization, but for IRS purposes, must have a Standby Letter of Credit from another source before we can receive the initial funds. The project uses a technology called Plasma Gasification to take solid waste and incinerate it. The left over solid material, or slag, is inert and can be used for roadbase or fill. It is not harmful to the environment. The gas produced from the process, called Synthesis Gas, is used to power a turbine generator. At full capacity, the plant will be processing 2,000 to 3,000 tons of solid landfill waste per day. The results will be far less landfill space needed and it will produce power for the plant itself and enough surplus to power 125,000+ homes per day. This is an exciting new green technology that is self sustaining and eco-friendly. What we need is a company, group, or individual that can post a standby letter of credit for $370 million dollars before we can get funded by the non-profit organization that is supporting this venture. The company website is under construction right now, so serious inquiries can be directed to me personally through this message board for right now. Thank you and wish us luck. |
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