May 26 2010
Energy Composites Corporation (“ECC”) (OTCBB:ENCC) a leading provider of composites-based solutions to the clean-tech sector, today announced that it had received a significant follow-on order for bone-maceration tanks lined with ECC’s XLCR(TM) abrasion-resistant coating.
The order for five, 28,327-gallon tanks will be completed before the end of the third quarter of 2010. XLCR™, a polymer ceramic composite compound, provides superior protection from abrasion, temperature and corrosion. ECC delivered its first XLCR™-lined maceration tank to the client in the fourth quarter of 2009.
Conventional tanks in the industry carry a warranty for one year, and generally will need to be replaced shortly afterwards in this abrasive condition. ECC’s XLCR™-lined tanks increase physical characteristics handling higher temperature extremes as well as abrasion resistance similar to that of 2205 Duplex Stainless. Increasing the physicals of our composites likely will perform above expectations for a substantially longer time period. ECC expects similar results when XLCR™ is used in pulp and paper process tanks, mining, waste water management, flue gas desulfurization components, and other applications where abrasion or temperature are problems.
Jamie Mancl, ECC’s President, stated that, “Our XLCR™ polymer ceramic lining creates substantial value for clients faced with abrasion, temperature and corrosion related challenges by reducing life cycle costs. Our client should be able to avoid five or more replacements of its maceration infrastructure over the next decade with its investment in our XLCR™-lined tanks. This drives value directly to the client’s bottom line in two ways – the client avoids the purchase of replacement tanks and the plant shutdown that comes with the installation of those replacement tanks. We are confident we can drive the same value for pulp and paper mills, coal fired power plants, mining and industrial operations that have abrasive processes.”
Jim Thomas, ECC Corrosion’s National Sales Manager, added that, “XLCR™ is an innovative product that could revolutionize the corrosion sector. With the enhanced physical properties, it allows us to bring solutions to our clients that have very difficult applications. ECC’s focus to be a leader in innovation will help drive value to our clients’ bottom line.”