The Renewable Corporation through its wholly owned subsidiary EcoSmart Surface & Coating Technologies, Inc. receives results from Asbestos Testing
LAKE PARK, Fla., June 4, 2013 /PRNewswire/ -- EcoSmart Surface & Coating Technologies, Inc. ("EcoSmart") a wholly owned subsidiary of The Renewable Corporation received test results on its asbestos encapsulation process. The test was conducted by Wendy Blasser MSPH, a Florida Licensed Asbestos Consultant with CIH and Environmental Consultants, Inc. from Boca Raton, Florida.
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An excerpt from the results of the study is as follows, "It is well documented that asbestos fibers may be released from the surface of vinyl asbestos floor tile as a result of normal wear and tear. This study has demonstrated that the application of EcoSmart's Surface Pre-treatment and Activator reduces the asbestos surface contamination from moderate to non-detectable in one sample and low in the second sample. After application of the base coat the asbestos surface contamination dropped to non-detectable in both samples. It is clear that the surface of the vinyl asbestos floor tile has been successfully encapsulated in this study."
"Vinyl Asbestos Tile" ("VAT") was the material of choice for institutional flooring applications from the 1950's through the 1980s. These floors have now reached the point of deterioration where hazardous asbestos fibers are being released. Until now, to extend the life of these buildings, costly and unsafe demolition has been the preferred method of preventing the release of airborne fibers.
Gary Smith the CEO of The Renewable Corporation states, "Demolition alone can cost $1.00 - $10.00 per sq. ft., not to mention the HazMat fees and high costs of disposal in a hazardous materials landfill. Additionally, the amount of paperwork needed to comply with OSHA, State and EPA regulatory guidelines that vary from state to state can be overwhelming. EcoSmart has developed a product that can resolve this major issue globally in a cost effective manner."
Current solutions including covering the floors with carpet, carpet tiles, peel-and-press and other coverings do not completely encapsulate the asbestos and do not prevent further damage to the already failing tiles and mastics underlying those surfaces. Some of the issues with replacing VAT flooring with traditional methods include: disturbing the existing flooring and releasing hazardous fibers, current solutions have low life cycles and present a high preparation and maintenance cost, current solutions also may not completely encapsulate/encase the surface and other products do not seal existing seams that harbor bacteria.
EcoSmart's initial projects are to seal and encapsulate hazardous materials such as asbestos haunting older government and private buildings. The process will save substantial construction cost and downtime. EcoSmart's flooring system will create a permanent monolithic chemical bond with the existing surface. Application also requires less energy consumption, generates little waste and is safer and less disruptive than conventional processes, as the asbestos material does not need to be removed.
About EcoSmart Surface & Coating Technologies, Inc.
EcoSmart Surface & Coating Technologies, Inc. ("EcoSmart") a wholly owned subsidiary of The Renewable Corporation has developed an exciting new alternative in decorative floor and surface coverings. This innovative and unique process (patented) achieves a highly desirable appearance and is extremely durable, provides superior quality and performance, and offers a more environmentally friendly choice than conventional flooring options. EcoSmart's products and processes can even seal and encapsulate hazardous materials such as asbestos in a permanent chemical bond. Interior and exterior flooring, countertops and many other horizontal surfaces can all be enhanced using these new methods.
About The Renewable Corporation
The Renewable Corporation family of companies integrates sustainable manufacturing and distribution with cutting edge research and proprietary technology to provide the most advanced line of products and services available. RNWB actively seeks out partner companies and individuals that are engaged in similar, forward leaning efforts. The company encourages creative synthesis and the inspired application of ideas in unexpected places. Discovering new solutions to existing and anticipated problems is the corporation's primary goal. The Renewable Corporation's portfolio already contains multiple patents and patented products. Continued support for national manufacturing and small business is also at the heart of The Renewable Corporation charter. RNWB believes that innovative individuals and businesses will invigorate our economy and drive sustained growth into the future as the knowledge continues to evolve. RNWB's management believes that its products, processes, and services will create many jobs, both at the individual and corporate level. An exceptional leadership team has been assembled by RNWB to establish the company's position at the forefront of environmentally friendly business, and to guide its efforts. Their expertise includes new business development and financing, international sales and marketing, industrial renovation, molecular biochemistry, and biotechnology.
Legal Notice:
This press release may contain forward-looking statements, particularly as related to pro forma financial statements, earnings estimates and business expectations, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These forward-looking statements are only made as of the date of the press release and The Renewable Corporation and the companies discussed do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Corporate Contact Information: The Renewable Corporation, 1313 S. Killian Drive, Lake Park, FL 33403; Phone: 561-328-6488
Investor Relations: Gary D. Alexander, Corporate Secretary; Email: [email protected]; Phone: 772-380-4320 x2
SOURCE EcoSmart Surface & Coating Technologies, Inc.
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