Business
Maple Leaf Forms Joint Venture with Canadian Partner to Build Solid Waste Power Generation Plants in China
Maple Leaf Forms Joint Venture with Canadian Partner to Build Solid Waste Power Generation Plants...
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\n Dec. 13, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n >\n\n\nCALGARY, Dec. 13 /CNW/ - Maple Leaf Reforestation Inc (TSX-V-MPE) (the "Company" or "Maple Leaf") is pleased to announce that it has signed a Joint Venture Agreement with CF Lacey & Associates Inc. ("Lacey") of Victoria, B.C. (the "Agreement"), to construct and develop municipal solid waste ("MSW") operations in Inner Mongolia, China. Pursuant to the Agreement:\n\n\n >\n\n\nAs a joint venture partner, Maple Leaf will:\n\n\n >\n\n\nAs a joint venture partner, Lacey will:\n\n\n >\n\n\nMSW Technology in China\n\nThe MSW industry in China is still in the first generation stage for first line cities and is completely lacking in the second and third line cities. The first generation MSW treatment technology uses mainly incineration, which generates high levels of pollution, smell and structures that present an eye sore for the surrounding environment.\nThe technology that the JV is pursuing is called Pyrolysis. This technology is very clean and produces both syngas for the production of electricity and biochar that can be used for soil enhancement. This technology uses only 30 tons of MSW to generate a net amount of 1.25 MW of electricity per hour, which the China National Power Grid Council currently purchases for approximately US$ 0.13 per KWh, plus subsidies are granted in this regard. With 30 tons of MSW, this technology also generates approximately 12,000 p...