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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
Solution to EPA's Tougher Feedlot Regulation?
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
Solution to EPA's Tougher Feedlot Regulation?
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TO ENVIRONMENTAL AND BUSINESS EDITORS:
Solution to EPA's Tougher Feedlot Regulation?
Field Trials Planned for Absorbing Ammonia and Phosphates
MONTANA, MISSOULA, Mar. 23 -/E-Wire/-- Victor Industries (OTC Bulletin Board: VICI) is pleased to report that field trials are planned at a Dairy Farm in Idaho of a proprietary compound designed to absorb ammonia and phosphates generated by the cattle to prevent nitrate and phosphate pollution to ground water.
On December 15th, 2000 the Environmental Protection Agency (EPA) proposed strict new rules to reduce water pollution from large industrial feed lot operations. (go to www.epa.gov hit the search button and type in cafo) The EPA considers these CAFO's as one of the largest pollution problems in the country.
Essentially, the EPA has said that the new requirements would apply to as many as 39,000 concentrated animal feeding operations (CAFO) including dairies, stock yards, pig and chicken farms. By introducing Victor Industries' proprietary compound into the animal waste streams the operator will be able to significantly reduce the amount of nitrates and phosphates to ground water and reduce run off directly into streams.
The compound provides additional benefits to the operators when the manure is spread onto cropland by slowly releasing the absorbed nutrients as the plants deplete them from the soil, reducing the need for fertilizer.
The test site selected for the field trial currently has monitoring wells around the property and have been collecting data from the ground water.
The EPA estimates that 128 billion pounds of manure is generated each year. The Company estimates that an operator would use between five and 30 pounds of the compound for each ton of manure to effectively remove the ammonia and phosphates from the waste stream.
Victor Industries anticipates a large demand for its proprietary compound when the new EPA rules are in place. In addition, the company is currently engaged in marketing zeolite to the golf course and horticulture industries.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the company and its operations are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Victor Industries, Inc. 4810 N. Wornath Road, Missoula, MT 59804, Phone (406) 251-8501, Fax (406) 251-8502, e-mail [REDACTED-EMAIL]
Victor Industries, [REDACTED-PHONE], fax, [REDACTED-PHONE],
[REDACTED-EMAIL]
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