CAMBRIDGE, Ontario, Jan. 14, 2013 (GLOBE NEWSWIRE) -- A Waterloo-based technology and services provider is benefiting from a growing interest in the provision of innovative and sustainable biosolids management solutions.
"Regional governments and municipalities are confirming that properly managed biosolids are a valuable resource that can play a significant role in improving environmental and economic bottom lines," said Director of Business Development, Kevin Litwiller. "Our technology is helping generators re-think what is 'waste' and what is a 'resource'. Responsible biosolids management is a major consideration for wastewater treatment plant operators and our patented, market-leading technologies and services are helping to reduce costs, volumes of output and odour concerns."
The 12 year-old company, originally founded at the University of Waterloo, has seen a significant increase in interest from municipalities over the past 12 months. In addition to installations that have been operating successfully for a number of years at the City of Guelph and St Mary's, Ontario, the company's technology will also be a central pivot point in the new $21.5 million wastewater treatment plant currently under development in Centre Wellington. It is expected to be operational in early 2014. The process has also been contracted for the management of biosolids for the Cities of Toronto, Peterborough and Ottawa.
Additionally, Lystek is just weeks away from commissioning a multi-million dollar, state-of-the-art, organic material recovery centre (OMRC) just a little northwest of the Region of Waterloo. It already has contracts in place to accept and process municipal biosolids into a Canadian Food Inspection Agency (CFIA) registered fertilizer for agricultural use. The OMRC will also be accepting and processing biosolids and non-hazardous, organic material from other Ontario municipalities and generators. Based on these prospects, the company is forecasting double digit growth over the next 24 months.
The company's patented technology is acknowledged as a leading approach to turning biosolids into a high-solid, pathogen-free, nutrient-rich, bio-fertilizer product. The process uses a unique combination of heat, high-shear mixing and alkali to create a safe, sustainable, low-odour fertilizer in high demand from farmers.
Customers appreciate the benefits of Lystek technology. "The addition of the state-of-the-art Lystek solution to our wastewater treatment plant operation is playing a vital role in contributing to our goal of being a progressive, industry leader in biosolids management," comments Janet Laird, Executive Director of Planning and Building, Engineering & Environment for the city of Guelph.
This coming year, the company will continue its focus on expanding its products offerings and services to municipalities throughout Ontario, Quebec, Western Canada and the U.S. Lystek has also begun discussions with commercial organizations, such as food processors, who must also manage their organic waste, to explore the use of Lystek technology to recycle this valuable material and reduce operating expenses.
Lystek International Inc. is an organic materials recovery firm that is helping companies and municipalities reduce waste, costs, odours and greenhouse gas emissions through its innovative approach to biosolids management Lystek technology contributes to landfill diversion by transforming non-hazardous, organic material into nutrient rich, CFIA registered fertilizer. For more information please contact:
The Lystek Canada logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16615
Kevin Litwiller Director of Business Development Cell:519.584.5437 Office:226.4440186 x 106