Quadra to Demonstrate QES Utility Unit in Dalian Jan 14, 2010 9:00:00 AM Email Story Discuss on ZenoBank
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LAS VEGAS, NV -- (MARKET WIRE) -- 01/14/10 -- QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTCBB: QPRJ) is pleased to announce that after demonstration of its QES Utility Unit in Beijing during the first week of March 2010, the Unit will be moved to Dalian where the technology will be demonstrated for Regional Environmental Authorities and Dalian Regional Regulatory Officials. In earlier meetings with senior representatives of the Company these Officials stated that they would assist in the establishment of the Company's assembly plant facilities in the Dalian - Jinzhou High Technology Park by providing land, favorable tax treatment, together with ensuring that an adequate supply of feedstock would be available for the Company's proposed used tire and MSW processing plants.
The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration, and has advised that the purpose of the demonstration is to confirm viability of the QES Technology, with the objective of securing participation of Richbay's Japanese partner with distribution in Japan. Important Japanese dignitaries and regulatory Officials will also be invited to attend.
Their endorsement could lead to significant sales in Japan, where Municipal Solid Waste (MSW) is a major problem and tipping fees as high as $200 per metric ton are paid for the treatment of MSW. Currently the problems are so significant in Japan that much of the MSW is shipped abroad.