|
Press Release
Archives: 10/02/2001
Itronics
Named Finalist for Prestigious Chemical Engineering Award
RENO, Nev.--(BUSINESS WIRE)--Oct. 2, 2001
- Itronics Inc. (OTCBB:ITRO) today announced that it was named one
of the five finalists for the 2001 Kirkpatrick Chemical Engineering
Achievement Award, the most prestigious award in the chemical process
industries. The award is issued every two years by the publication
Chemical Engineering to the most noteworthy chemical engineering
technology to have been commercialized anywhere in the world during
the preceding two years.
"While we did not win the award, we are
very honored to have been included among the finalists, all major
well-known companies," said Dr. John Whitney, Itronics President.
"We are especially pleased to have been considered for an award
that has been given in the past to such major chemical process innovations
as the establishment of the petrochemical industry, the Manhattan
Project in World War II, Kellogg's ammonia technology and Union
Carbide's low-pressure polyethylene."
The other four finalists were the BOC Group,
New Jersey, for its low-temperature oxidation process to control
oxides of nitrogen emissions; DSM, Netherlands, for a direct-fermentation
route to an antibiotics precursor; Mitsubishi Chemical America,
Virginia, for a method of recovering and recycling tetrahydrofuran
and various other hazardous solvents, and TNO and Cirmac International,
Netherlands, for jointly developing a membrane-based absorption
system that recovers ammonia from gas streams.
Itronics, through its subsidiary, Itronics
Metallurgical, Inc., is the only company in the world with the technology
to extract more than 99 percent of the silver and virtually all
the other toxic heavy metals from photowaste and to convert the
resulting liquid into environmentally beneficial, chelated, multinutrient
liquid fertilizer products sold under the trademark GOLD'n GRO.
Photowastes represent approximately 40 percent of all liquid toxic
waste produced by U.S. industry, according to U.S. Environmental
Protection Agency studies in the early 1990's.
Itronics produces the fertilizers at its factory
in Stead, Nevada, and it is sold by Western Farm Services, Inc.,
one of the largest fertilizer retailers in the West, to large horticultural
growers, golf courses, and growers of crops including wine grapes
and citrus products. In field trials, it has been proven effective
in use for crops as diverse as tomatoes, sunflowers, and watermelons.
Itronics Metallurgical sells its high performance
GOLD'n GRO liquid fertilizer, which also can be used for lawns and
plants, and its popular Silver Nevada Miner bars, a souvenir of
the Silver State, through its shopping cart catalog at the Company's
Web site http://www.itronics.com.
Itronics Inc. is one of Nevada's leading process
technology development companies and a world leader in photochemical
recycling. Headquartered in Reno, Nevada, it specializes in recycling
technology development, photobyproduct recycling, silver refining,
and technical services for the mining and recycling industries.
Dr. John Whitney, Itronics President, was selected as Nevada's Inventor
of the Year for 2000 and is a member of the Inventor's Hall of Fame
at the University of Nevada, Reno.
VISIT OUR WEB SITE: http://www.itronics.com
(The statements in
this news release that are not historical facts or statements of
current status are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995 that involve risk
and uncertainties. Actual results may differ materially.
|
