Perma-Fix Successfully Completes Pilot Plant Testing and Unveils New Process for Destruction of PFAS “Forever Chemicals” - Seite 2

Mark Duff, President and CEO of the Company, commented, “I am pleased to announce that the pilot plant testing of our breakthrough process for treating PFAS compounds was not only successful, but exceeded our expectations. In fact, our process achieved PFAS destruction levels exceeding anticipated regulatory requirements. These tests reaffirmed our prior bench scale testing which indicated our process should effectively destroy these harmful chemicals at high levels of efficiency.”

Dr. Louis F. Centofanti, founder of the Company and Executive Vice President of Strategic Initiatives, as well as inventor of the technology, noted, “This successful demonstration marks potentially the single largest achievement in the history of the Company, and is the culmination of years of R&D. We initially focused our tests on contaminated liquids, which are stored in abundance around the country and worldwide. There are limited current treatment options for these materials and we expect that our process will exceed any of these methods. Some of the sizable markets for PFAS include AFFF firefighting foams, both expired concentrate and flushing liquids, contaminated liquids from PFAS systems, and other water-based separation products from a variety of industrial systems.”  

Centofanti continued, “While there are inherent risks and potential delays with any new technology, especially as we continue to scale the process, with the pilot plant test now complete we have confidence moving forward. We are now in the process of constructing our initial commercial unit, which will be comprised of a sealed vessel operating under mild conditions. We believe that this process is highly scalable with minimal capex or labor costs required since we are employing a non-incineration, chemical-based process. Our proprietary process is expected to destroy the fluorocarbon chain, mineralizes the fluoride, and creates calcium fluoride as the primary byproduct, which is a completely non-hazardous material far exceeding even the strictest disposal requirements set by the U.S. Environmental Protection Agency. Other byproducts include simple non-hazardous organic materials that can also be easily and safely disposed of.”