Aquatic Cellulose chief constituent of the cell walls of plants. Chemically, it is a carbohydrate that is a high molecular weight polysaccharide. Raw cotton is composed of 91% pure cellulose; other important natural sources are flax, hemp, jute, straw, and wood. ( OTCBB : AQCI ), Vernon, British Columbia Vernon is a city in the south-central region of British Columbia, Canada. Named after Forbes George Vernon, a former MLA of British Columbia who helped grow the famed Coldstream Ranch, the City of Vernon was incorporated on December 30, 1892. , Canada, has submitted a proposal to Electronorte (EN), operator of Brazil's Tucurui Dam, to establish a power co-generation facility at Tucurui Reservoir, converting forest canopy harvested by AQCI and other waste fiber into electricity for use in the region.
"Co-generation and ElectroMab are exciting new elements of our growth strategy," said Gary Ackles, chief executive officer of Aquatic Cellulose. "By cost effectively converting waste from our operations into an energy solution, we not only strengthen our commitment to environmental protection and economic and social development, but also enhance our growth plan by adding a significant new revenue stream. Sales from by-products of co-generation, including heat, steam, primary gases and charcoal substance obtained by partial burning or carbonization (destructive distillation) of organic material. It is largely pure carbon. The entry of air during the carbonization process is controlled so that the organic material does not turn to ash, as in a , will further contribute to our revenue. It is truly a win-win for all parties involved.
"ElectroMab offers a real solution to mitigating the adverse environmental impacts caused by flooding this once living rainforest. By removing all of the timber from Tucurui Reservoir, including the visible forest canopy, water quality, navigation, fish habitat, and dam efficiency will be significantly improved and greenhouse gas
emissions effectively reduced. Our proposal also enables EN to fulfill also ful·fil its objective to clear the submerged forest safely without jeopardizing the lives of local divers Several; any number more than two; different. ."
Under the proposal, Aquatic Cellulose, through its EcoMab subsidiary, will supply waste fiber for the co-generation facility to produce over 50 Megawatts (MWh) of electricity. EN will provide logistical also lo·gis·ti·cal
support as well as secure a long-term power purchase agreement. "We have interested third parties who have committed to financing the entire project," said William Stephaniuk, chief operating officer Chief Operating Officer (COO) of Aquatic Cellulose. "The Preliminary Study, which we recently submitted upon EN's request, indicates a strong feasibility for this project."
Said Andre Belanger, the consultant who commissioned the study, "ElectroMab makes economic and environmental sense for Electronorte and Brazil. Although Tucurui Dam has over 8000 MWh of hydroelectric capacity, the ongoing drought in Brazil and energy demands from its developing economy have placed an even greater need for new cost-effective energy solutions. Electromab offers such a solution at a minimal capital investment."
Ackles concluded, "While co-generation is an exciting evolution in our operating plan, it is but the beginning of a number of new initiatives we're planning to venture beyond our core business and add further value to our shareholders. We're excited by today's announcement, and we look forward to sharing news of our other operating plans in the future."
About Aquatic Cellulose
Aquatic Cellulose International Corp. (OTCBB: AQCI ) is a leading underwater timber and forest products company. AQCI operates in Brazil using the revolutionary Aquatic Timber Harvester farm machine that mechanically harvests a crop. Small-grain harvesting has been mechanized to a certain extent since early times. In the modern period the first harvester to gain general acceptance was made by Cyrus McCormick in 1831 (see reaper). , or ATH. The ATH is a commercial machine that utilizes patented robotic technology to safely locate, cut and recover timber under water without risking the lives of divers. Aquatic Cellulose specializes in the commercial recovery and processing of this nonliving resource to offer high-quality wood products that protect living forests and the environment.
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