FORT WAYNE, IN, September 11, 2013 (Accesswire) -- Freedom Energy Holdings, Inc. (OTCPINK: FDMF) today wanted to elaborate on the earlier announcement that FISHBECK, THOMPSON, CARR & HUBER, INC. (FTCH) completed an air quality evaluation that has been submitted to the Air Quality Division of the Michigan Department of Environmental Quality (DEQ).
In the previous release it was stated "According to the evaluation, the pilot process is eligible for an exemption from Michigan air permitting requirements pursuant to Michigan's pilot processes exemption (Michigan Air Pollution Control Rule 336.1283(1)(a)). The emissions from the exempt pilot process were also calculated as part of the evaluation and it was determined that none of the exclusions from air permit exemptions listed in Rule 336.1278 apply to the process equipment."
In plain words the "ELAS" project does not have any air quality issues and therefore qualifies under the Michigan environmental regulations for an exemption. Final approval has been requested from the Michigan DEQ and the approval is anticipated any day. Current regulation regarding the processing of asphalt shingles does not cover the new and groundbreaking technology involved with "ELAS". Thus far the only "approved" processing is grinding for use in asphalt road paving. "ELAS" will expand the market for recycled asphalt shingles, therefore eliminating the bottleneck that currently exists.
The process of working with the DEQ has been a very good learning experience. We have found the staff to be very cooperative and thorough. The strict process to gain approval is a result of the early efforts to "recycle" asphalt shingles; only to find the shingles easier to collect than to recycle. The foundational work from this process has set the stage for a more rapid expansion and national rollout once the pilot plant is up and operational. Strategic negotiations are ongoing with interested parties for licensing and expansion plans.
"ELAS" is a patent pending process that utilizes the patent pending technology SR-139. Construction of the first plant has begun and if all goes as planned, we hope to be in production by early fall. The opportunities are great and once we have perfected the mechanical engineering and worked out any bugs in the first plant, we plan to offer the technology and process on a commercialized basis.
I look forward to bringing updates regarding this opportunity in the very near future.
ABOUT FISHBECK, THOMPSON, CARR & HUBER, INC
FISHBECK, THOMPSON, CARR & HUBER, INC. Serving clients since 1956, FTCH is a full service civil engineering, environmental, architectural/engineering and construction management firm with over 330 employees. With offices in Michigan and Ohio, FTCH is one of the Top 500 Design Firms in the U.S. as ranked in Engineering News-Record. More information about FTC&H can be found at http://www.ftch.com
ABOUT FREEDOM ENERGY HOLDINGS, INC:
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Research has shown a completely new product SR-139 to be effective at breaking down asphalt shingles allowing the extraction and recovery of hydrocarbons. The company's original primary focus was the commercial development of its proprietary, heavy oil technology. KC 9000(R), a breakthrough technology, provides an effective system to enable heavy oil deposits to flow at ambient temperatures.
FORWARD LOOKING STATEMENT
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access
to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Brian Kistler CEO,
Freedom Energy Holdings, Inc.
Source: Freedom Energy Holdings, INC.
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