Estimated Multi-Billion Dollar Market Potential for Cost Saving & Environmentally Friendly Diesel System by EcoEmissions Solu...
06 Maio 2011 - 8:57PM
Business Wire
EcoEmissions Solutions (OTQB:ECMZ) is pleased that as a result
of increasing demand for its cost saving Catalyst Injection System™
(CIS™) that it has released its Client Marketing Report. This
report has identified a potential market of $1.2 billion dollars,
however the study was limited in scope primarily to Companies in
the United States or those Companies that EcoEmissions has already
enter into talks with.
London based International Maritime Organization (IMO), a UN
agency that regulates the shipping industry has adopted a plan to
dramatically reduce air pollution from ships that sail within 370
km (230 miles) of the US and Canadian coasts. Starting in July of
2010 diesel fuel sulphur limits could not exceed 10,000 ppm. By
2015, this limit will be reduced to 1000 ppm. For those non US Flag
vessels, the North American ECA rules will become enforceable in
August 2012.
This regulation will force ships to use more refined fuels that
will cut sulfur levels by 98%, thereby reducing Sulphur Oxide (Sox)
emissions and diesel particulate emissions by 85%. The lower
sulphur diesel fuels will increase the vessel operator’s fuel
expense significantly. The EPA expects that fuel meeting the 1000
ppm Sulphur limits will be 40% more expensive than the current
marine fuel in use. EcoEmissions (OTCQB:ECMZ) CIS™ system addresses
these problems now by changing the efficiency of the engine,
reducing fuel consumption rates and helps recover some of these
costs, as well as reducing harmful emissions.
- Estimated diesel fuel consumption by
the EPA for the Marine Market in 2011, in North America will exceed
4.4 Billion Gallons of fuel at a cost of over $10 Billion dollars.
This cost is expected to increase each year over the next 10
years.
- Data from the Marine industry &
N.O.A.A.: based on engine size and the quality of fuel typically
used, research shows that just 51,000 of the world’s current large
ship fleet emit as much pollution as half the number of cars on the
planet. According to Sea Web from Lloyd’s registry that there are
over 190,000 registered vessels that are contributing to the
emissions problem we face today.
- Maritime operations are Eco’s
initial target market as it is an estimated multi-billion dollar
industry and the CIS system will make a significant impact on
reducing noxious emissions as well as increasing our potential
future customer’s bottom line by reducing fuel costs.
- These rulings by the IMO are
impacting the shipping industry. It means significant restrictions
to the shipping industry as to how much they pollute the air, as
well as the water. ‘Going ‘green’ isn’t an option anymore – it’s
being regulated by the International community. EcoEmissions
Solutions has developed an innovative product that addresses and is
directly involved to help solve the problem.
The CIS™ is a unique system that works effectively on all diesel
engines without expensive engine modifications. The CIS™ reduces
the NOx by 15 – 25% and diesel particulate matter by 40 – 60%. This
meets and/or exceeds the pollution requirement reductions that are
being mandated throughout the industrialized world. The world is
looking for solutions. EcoEmissions has the answer. The CIS™ is now
being recognized internationally as one of the most effective ways
of solving the problem of diesel emissions. Most pollution saving
devises and additives currently available are expensive to
implement and result in higher overall operating costs. Eco’s CIS™
is ‘cost negative’ and the system can be duplicated in any market,
any place in the world. A truly global solution.
- EcoEmissions is currently
concentrating on the US maritime market - there are almost 150
ports in the United States alone. The North American market is
potentially a billion plus dollars annually.
About EcoEmissions Solutions - EcoEmissions Solutions,
Inc. (OTCQB:ECMZ) proven patented emissions-reducing Catalyst
Injection System™ (CIS™) offers a global solution for diesel
engines used in heavy industry and large marine applications around
the world. The pre-combustion system (the only patented system
of its type in the world), injects a platinum-based catalyst (nano)
solution into diesel engine cylinders producing a more complete
burn of the diesel fuel. Simply installed without
modifications to the engine itself, the results are more power,
lower fuel consumption, dramatically reduced pollution and an
extension of engine life. The ongoing consumption and replacement
of ECMZ catalyst as part of normal diesel engine operation,
provides ECMZ with an ongoing revenue stream that increases with
the number of engine units installed. Eco's technology is patented,
has further patents pending and is trademarked. For more
information, please visit the SEC's EDGAR system or
www.ecoemissions.com send an email to info@ecoemissions.com or call
Tom Crom (877) 934-3735 (877) 9-DIESEL
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