In the News
First Vertus Technologies Contract for US Operations; and shareholding changes
March 14, 2008. London, UK – Nviro Cleantech plc (AIM:NVR), a leader in commercialising clean technologies, is pleased to announce that its subsidiary Vertus Technologies Limited (“Vertus”) has signed a contract with Cincinnati Bulk Terminals LLC (“CBT”), for its first US production site to install and operate a 100,000 ton per annum RTP unit at a site in the USA, located on the Ohio River. CBT’s roots go back more than 100 years. It is a sophisticated coal handling and delivery company that supplies one million tons of coal annually to the local industrial boiler sector.
Vertus and CBT have reached agreement for the establishment of onsite operations, including raw coal procurement, coal handling and transportation of clean coal fuels to clients in the region. Under the 25 year agreement with CBT, Vertus will construct and operate the first RTP facility designed to remove pollutants from coal prior to its combustion in a boiler. The Ohio coal market for industrial and energy generation utilises in excess of 2 million tons per annum (source: EIA 2006), generating annual sales in excess of US$130m. In addition to producing a cleaner coal and reducing hazardous air pollution in Ohio and nearby states, the Vertus RTP fuel treatment process utilises less energy and requires a smaller installed footprint than traditional post combustion treatment technologies, thereby offering heat and power generators improved financial performance and greater flexibility in their operations.
The two companies anticipate the installation of additional Vertus RTP units in order to service the rapidly growing market for compliance fuels in the territory within a few years. Installation of the Vertus production facility is commencing immediately with the initial unit, enabling the supply of over 100,000 tons of high quality air emission compliant coal per annum to the Cincinnati area industrial boiler market. (The 100,000 ton unit equates to two 50,000 tones per annum standard RPT units.)
RTP units produce high-BTU, low-sulphur, low-mercury fuel that complies with air quality regulations in the US, allowing heat and power generators to meet increasingly stringent air quality regulations in the region economically. The new Vertus Ohio River-side site will facilitate compliance with current and anticipated emissions regulations for all large and small industrial coal users in the region. Under current US environmental policy these customers do not benefit from the same emission trading programmes that are stipulated by the US Clean Air Act for major power generating companies. Permits for the RTP facility are presently in the application and review phase.
Jack Weiss, President of CBT, commented: “We are constantly looking for the opportunity to provide industrial boiler operators with reliable fuel products and services that they will need for their business today as well as tomorrow, thereby securing our own future. We see Vertus as a like-minded organisation with which we can cooperate to deliver fuels and services to our clients that will meet ever increasing air quality standards in a cost-effective way, thereby helping a wide range of Ohio businesses to remain competitive and profitable in the future.”
Dr Kenneth Hughes, President of Vertus Technologies, says: “This relationship creates a significant opportunity for both companies in the production and distribution of low-emission, high-quality, compliant coal. Clean solid fuel is expected to be available from this site by the end of 2008. We also believe that the establishment of this first US Vertus RTP facility will accelerate the adoption of both coal and biomass RTP units in Asian markets which will ultimately provide the company with a geographically diverse network of clients.”
Chris Every, Chief Executive of Nviro Cleantech, the parent company of Vertus, added: “We are delighted to have achieved one of our significant milestones for 2008 so early in the year through the establishment of our relationship with CBT for our first US plant. It is our belief that strong sustainable businesses are created through a combination of new and unique technologies and strong business relationships. In CBT we have found both a partner expert in the coal trading and handling field and a team of professionals in which we can have a long and mutually beneficial working relationship. We are very excited about the future of coal in this region.”
Nviro Cleantech technology update
Vertus – In addition to the Cincinnati installation,
the Directors are greatly encouraged by progress with detailed negotiations
at other generating facilities in North America, and the positive responses
of more than 40 power generating companies who requested individual meetings
with Vertus at the recent Power Generation Summit held in Atlanta, USA
in February 2008. In the USA, Vertus recently added to its team an experienced
energy sector Business Development Executive and a Site Manager to support
business development efforts. Also in Ohio, Vertus is installing state-of-the-art
fuel testing equipment which will be used to optimise and extend the RTP
Process technology to further increase performance and reduce costs of
the fuels it is creating.
In China and India we are also encouraged by
our contract negotiations in the power sector as planning continues on
the initial installations for both biomass- and coal-fuelled sites.
Carbon Burner – The carbon ignition system being developed
to burn pure carbon derived from biomass is the subject of outsource research
contracts and is presently undergoing some changes in technology focus,
aligning it more closely with the market demand seen in Asia in particular.
(A dispute exists with a former supplier in this project and a provision
for any contingent liability has been made in the 2007 Company’s accounts
accordingly.)
Microrelease – Following the successful verification
of the core technology by outside contractors C-Tech the company is now
completing the preliminary design specifications for the first commercial
plant.
Laseair – Prototypes are under construction ahead of
being placed on test in field trials.
Organotect – Prototypes are being tested and operating
software is being tailored to meet design performance specifications.
Shareholding Changes Notified
The company has been notified that directly
and through nominees, Henderson Global’s holding of Nviro Cleantech plc
ordinary shares is 9.95%, and Foreign and Colonial’s holdings are 10.90%.
For further information:
Nviro Cleantech plc
Chris Every, Chief Executive Officer
Tel: +44 (0) 20 7451 2473
cevery@nvirocleantech.com
Grant Thornton Corporate Finance - Nominated Adviser
Fiona Owen
Tel: +44 (0) 20 7383 5100
Fairfax I.S. PLC - Broker
Ewan Leggat - eleggat@fairfaxis.com
Tel: +44 (0) 20 7598 5368
Media enquiries:
Abchurch
Justin Heath/Franziska Boehnke/Monique Tsang - monique.tsang@abchurch-group.com
Tel: +44 (0) 20 7398 7712
Notes to Editors:
Nviro Cleantech plc is a leader in commercialising "clean" technologies,
such as renewable energy, waste recycling, emissions control and air quality
monitoring, that benefit the global environment. The Company operates
by acquiring a strong, balanced portfolio of near-to-market technologies
that address large demand needs in a breadth of markets, and which are
viable and cost-effective.
The Company is developing a portfolio currently comprising five clean
technologies. These include:
- Vertus RTP, the Company’s lead technology – the reductive thermal process
(RTP) is designed to substantially cleanse low-quality coal and biomass
to produce high-grade fuel with properties similar to anthracite while
maximising effective and clean use of the off-gases;
- MicroRelease, its secondary technology – designed to recycle medium density
fibre ("MDF") and particle board into a high-quality reusable wood fibre;
- Additional technologies in air quality evaluation, air purification and
carbon ignition.
Nviro Cleantech focuses on solutions that can be bought to market quickly,
and with maximised financial potential, using proven technologies and
management teams. It systematically targets environmental innovations
that do not require radical shifts in consumer behaviour nor large capital
investments to adopt.
About Cincinnati Bulk Terminals LLC
Cincinnati Bulk Terminals, LLC, (CBT), a privately owned company, is a full service tri-modal river terminal dedicated to meeting customer's material handling needs with integrity and quality. Their experience and location enables CBT to solve their customer's problems and save them money. CBT can provide a "just in time" service throughout the Mid-West through its barge, truck and rail access.
Its excellent location provides easy access to three interstates, as well as the CSX, and Indiana and Ohio Rail Road. These connections allow efficient transportation for a variety of bulk and 'break bulk' products.
CBT maintains three barge unloading docks and one barge loading dock on site. Total ground storage capacity is in excess of 200,000 tons, in addition to dry fuel storage. The terminal has the capacity to handle more than 3 million tons annually.
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Notice of Preliminary Results November 27, 2008
The Company, announces notice of their Preliminary Results for 2008

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Trading Update October 01, 2008
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Result of EGM July 02, 2008
The Company, announces the result of the Extraordinary General Meeting
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Grant of UK Patent June 17, 2008
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Placing and Notice of EGM June 09, 2008
The Company, announces it has conditionally placed New Ordinary Shares to raise £10 million
Interim Results June 09, 2008
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Holding(s) in Company May 23, 2008
Renerg Technologies Limited has purchased 2,000,000 ordinary shares in Nviro Cleantech
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Holding(s) in Company May 15, 2008
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New clean coal client May 06, 2008
Nviro Cleantech Plc announces Vertus Technologies’ first China JV clean coal client
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Result of AGM March 27, 2008
Nviro Cleantech Plc announces the results of the Company's Annual General Meeting
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Vertus Contract March 14, 2008
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Annual Report March 4, 2008
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Preliminary Results November 23, 2007
Nviro Cleantech Plc announces its maiden preliminary results for the year ended 30 September 2007
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Director Appointment October 12, 2007
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Agreement with CLP India October 12, 2007
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Director Shareholding August 29, 2007
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Nviro Cleantech joins AIM August 6, 2007
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Intention to float on AIM June 25, 2007
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Chinese JV June 02, 2007
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Appointment of Chairman, James Dickson Leach January 11, 2007
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Pre-IPO Funding December 19, 2006
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New appointments to Board of Directors December 27, 2006










