Tuesday, 30 December 2014 09:00 AM
Vancouver, BC / ACCESSWIRE / December 30, 2014 / SPT Sulphur Polymer Technologies Inc. is pleased that its Common Shares have commenced trading on the Canadian Securities Exchange under the symbol "SEE".
SPT has secured the Western Canadian license from Sulstar Technologies Inc., a British Columbia company for the purpose of commercializing the product known as Sulstar(TM), a thermoplastic sulphur polymer produced by an advanced manufacturing technology developed by MARBET WIL Sp.z o.o, of Poland.
What is Thermoplastic Sulphur Polymer?
Thermoplastic sulphur polymers have applications as a substitute for Portland cement in concrete construction, concrete pre-cast products, and concrete roads, and as a bitumen binder replacement in asphalt paving. There is a growing market for this type of product as highway constructions costs rise due to increases in highway vehicle traffic and uses for specialty concretes expand such as for ports, pipelines, airports, mine reclamation, and toxic waste disposal.
What rights does SPT have?
As a result of this agreement it now has exclusive rights to Western Canada (British Columbia, Alberta, Sasaktchewan, and the Yukon) for the manufacture, sale, and distribution of Sulstar(TM), Sulconcrete, and related products (the "Products").
Benefits of the Product:
-improve properties of asphalt roads,
-manufacture of corrosion-resistant construction of Marine and Offshore structures,
-water supply and sewage disposal infrastructure and rail infrastructure.
-building material is characterized by high mechanical strength, corrosion resistance, low CO2 emission -and 100% recycling.
Benefits of Technology:
-Financial - sales of building materials with excellent performance characteristics,
-Faster and cheaper repairs of road, rail and
-Hydro-technical infrastructure with a longer life;
-Ecological - lower CO2 emission compared to Portland cement and the elimination of sulphur landfills;
-Social - the creation of economic chain and a new industry generates new production needs and new jobs.
To date the Company has achieved the following:
acquired the Western Canada License to Sulstar and Sulconcrete technology for waste sulphur conversion into useful sulphur polymer from Marbet Wil of Poland (www.marbetwil.pl) a developer of patented SULSTAR technology.
Raised $ 450,000 of equity
Established a listing on Canadian Security Exchange (CSE) under symbol SEE
Established website - continuing to populate with expected launch date in Q1 2015
Developed a Logo and corporate identity
What is the Company intending to do?
SPT will be initially focused on establishing a sales executive with construction and asphalt road experience. The goals of SPT in the short term, are to undertake:
-a comprehensive review of technology applications,
-prepare a marketing plan and database for Western Canada, and
-negotiate further territories and markets for expansion such as the United States, China, and the Middle East. Establishing local presence in Western Canada.
For more information on SPT Sulphur Polymer Technologies Inc., please contact:
Mr. Glen Macdonald, President
Telephone: (604)739-3052
E-mail: [email protected]
Cautionary Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: conditions imposed by the Canadian Securities Exchange; changes in tax laws, general economic and business conditions; and changes in the regulatory regulation. The Company cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither the Canadian Securities Exchange nor it Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: SPT Sulphur Polymer Technologies Inc.