After Bas-Richelieu, Bécancour-Nicolet-Yamaska Region chooses the
technology developed by Conporec to achieve the 2008 government targets
TSX - V : CNP
SOREL-TRACY, QC, April 4 /CNW Telbec/ - Conporec Inc. ("Conporec")
announces today that the Régie intermunicipale de gestion intégrée des déchets
Bécancour-Nicolet-Yamaska (Nicolet-Bécancour-Yamaska intermunicipal integrated
waste management board) ("RIGIDBNY" or "the Regional Board" ) has opted for
the sorting-composting technology developed by Conporec for the recovery of
its municipal waste. In doing so, it becomes the second region in Québec,
after Bas-Richelieu (Sorel-Tracy region), to choose Conporec's patented
sorting-composting process which enables to meet, and even exceed, the waste
diversion targets of the Québec government.
The unanimous decision was taken during the RIGIDBNY's last Board of
Directors meeting. In the final analysis the Board had to make a final
determination of the best approach to reuse and recycle its waste, i.e.
- Implement a third collection for residential organic waste (table
leftovers, green waste, etc.) to be sorted by the citizen in a third
- Maintain the same residential waste collection system, but elect a
process recognized worldwide (Conporec's sorting-composting technology)
that achieves the Quebec government targets.
"This sorting-composting process guarantees a 70% recovery rate, rather
than 37% with a dedicated third bin collection system for organics. Moreover,
it keeps things simple for the citizens who will continue to use the blue bin
for recycling and the other bin for the remainder of the domestic waste", says
Louis Charest, President of RIGIDBNY. Given the recovery rate that the region
will achieve, M. Charest adds that he is extremely proud of the decision made
by the elected representatives, who can be considered as leaders in this
matter in Québec and in Canada.
For Conporec, this is another recognition in Québec of the technology's
performance to meet the 2008 government standards. "The Regional Board has
selected a state-of-the-art and proven environmental technology that is also
less costly than other approaches", adds Mr. Jean Beaudoin, President and
Chief Executive Officer of Conporec.
This five-year contract is renewable for two optional years. Direct
revenues of about $6M are forecasted. The RIGIDBNY is also in a position to
receive its share of the government landfilling surtax that will be
redistributed to regions achieving recovery targets. The contract is subject
to the usual approvals, namely by the Ministère des Affaires Municipales et
des Régions and is to begin during this coming summer.
RIGIDBNY groups the city of Bécancour and the other municipalities of the
MRC de Nicolet-Yamaska. It represents about 20 municipalities and 28 000
citizens, and has authority over waste management issues.
Conporec Inc. treats and recycles municipal solid waste through a
patented composting and sorting technology. This process reduces the need for
landfill disposal by treating 100% of the organic content contained in solid
waste, thus reusing and recycling up to 75% of the original waste mass. In
addition, the technology helps to reduce greenhouse gases that are typically
released through the decomposition of garbage in landfills. The company has
successfully operated a plant in Sorel-Tracy, Quebec and recently began start
up of a second facility in New York State (United States). A third facility is
currently under construction in France near Paris and a fourth one in
Australia. Through Biomax Inc., Conporec has also delivered thirty different
composting facilities that have the capacity to produce more than 300 000 tons
of compost annually. Conporec is a socially responsible organization listed on
the TSX Venture Exchange.
Forward-looking statements contained in this press release involve known
and unknown risks, uncertainties or other factors that may cause actual
results, performance or achievements of the company to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements.
The TSX has not approved the information contained herein and accepts no
responsibility for it, nor the validity of the operation planned.
For further information:
For further information: Jean Beaudoin, President and Chief Executive
Officer, (450) 746-9996, (418) 527-9996; Source: Conporec Inc.,