IMPERIAL PETROLEUM RECOVERY CORPORATION INTRODUCES NEW SLUDGE RECOVERY UNITS
FOR NORTH AMERICAN MARKET
Released_By: USANews
Date: 7/7/98
Time: 3:51:50 AM
For_Immediate_Release
Imperial Petroleum Recovery Corporation has introduced smaller-scale versions
of its MST System sludge recovery units. The units utilize Imperial Petroleum
Recovery's proprietary RF technology to convert crude oil waste into saleable
oil, treatable water and a dramatically-diminished quantity of disposable
substances - all at a much more reasonable price than traditional recovery
systems.
The new Imperial units process 1,000 and 2,000 barrels of crude oil emulsions
per day, meeting the demands of small North American refineries and production
facilities. The larger units continue to be aggressively marketed
internationally. The new units are expected to be in operation this summer,
initially in North America.
MST (Microwave Sludge Treatment), a proprietary process currently being
patented by Imperial Petroleum Recovery Corporation, uses radio frequencies (RF)
to break the bonds linking water and hydrocarbons in oil emulsions. The MST
System recovers 95-98% of the available crude oil while other systems recover
only about 50% of the available crude oil. The MST System provides great
environmental benefits and is less expensive than competing systems. Centrifuge
systems require expensive additives, heat pressure systems are expensive, and
incineration destroys the oil and contributes to air pollution.
It is estimated that a minimum of 1.4 million barrels of crude oil sludge are
produced daily. In addition, there are millions of barrels of sludge stored in
tanks and surface impoundments.
Imperial Petroleum Recovery Corporation is an oil services company that
manufactures and markets crude oil sludge recovery process technology. The
company builds its MST Systems at its manufacturing plant in Crosby, Texas.
Additional information is also available on the company's web site at
http://www.iprc.com.l
For more information, contact:
Ms. Frederique Campagne, Investor Relations, Imperial Petroleum Recovery
Corporation