Eco Logic signs deal to destroy Japanese PCB stocks

According to a recent announcement, Eco Logic of Rockwood, Ontario, has entered into a partnership with the Japanese companies Tokyo Boeki and Nippon Sharyo for the destruction of stockpiled PCB materials in Japan, using Eco Logic's non-incineration technology. The deal is reported to be worth about $50 million in revenues to Eco Logic, spread over the next few years. The agreement includes provisions for the Japanese companies to purchase, or manufacture under licence, a number of Eco Logic's gas phase chemical reduction processing units to serve the Japanese market. In exchange for exclusive rights to the Japanese market, Eco Logic will receive license fees and royalties of up to nine per cent for the use of its process. Eco Logic is currently building a demonstration unit under contract with the two Japanese companies. The Japanese PCB waste destruction market is estimated to be worth as much as $400 million. Incineration, the conventional form of disposal, is strongly opposed by local governments