Press Releases:

FOR IMMEDIATE RELEASE:    Download text version (2kb)

Contact: Paul Schneider
714-879-2067

Toxco Begins Alkaline Battery Recycling in Trail, B.C.

ANAHEIM, Cal., May 1 — Toxco Inc. has begun alkaline battery recycling at the company's Trail, B.C., facility. The recycling process was developed using well established technology to reintroduce the recycled materials into the manufacture of downstream metals.

Eighty percent of all batteries manufactured are alkaline batteries, with annual production of over 10 billion cells worldwide. Most of those cells are disposed of in landfills, representing hundreds of millions of pounds of solid waste.

"The implementation of this technology is extremely important to the environment, and is consistent with Toxco's long-term strategy of complete battery management," said Steve Kinsbursky, president of Toxco Waste Management.

"Recovery of useable materials from alkaline batteries is the way of the future. Our next step is to educate companies and consumers about the environmental value associated with alkaline battery recycling," he said.

Toxco is in the forefront of battery technology with its recent acquisition of Moltech Corporation's patented cadmium recovery facility and equipment for recycling nickel cadmium batteries in Gainesville, Florida. Ozark Fluorine Specialties, a division of Toxco in Tulsa, Okla., will soon be in full production of lithium salts and electrolytes used in the manufacture of lithium batteries and ultra capacitors.

# # #

Contact: Paul Schneider
714-879-2067

FOR IMMEDIATE RELEASE:    Download text version (3kb)

Contact: Todd Coy
(714) 738-8516
(949) 795-2617 (cellular)

Toxco Incorporated Acquires Moltech Corp's
U.S. Nickel Cadmium Battery Recycling Technology

ANAHEIM, Cal., Dec 5. XX — Toxco Incorporated has acquired Moltech Corporation's patented cadmium recovery facility and equipment for recycling nickel cadmium batteries in Gainesville, Fla. As part of the purchase, Toxco Inc. has acquired the exclusive licensing rights to the technology that was originally developed and patented by Eveready Battery. Terms of the acquisition were not disclosed.

" The acquisition of this technology takes Toxco one step further in our long-term goals of handling all battery chemistries," said Steven Kinsbursky, president of Toxco Waste Management. " The ability to recover cadmium and nickel from batteries gives our company a significant source of raw materials for producing down-stream products in combination with our chemical manufacturing abilities"

" It is important from both an operational and national viewpoint. The U.S. capacity for recycling nickel cadmium batteries is not large enough, and this facility will meet the increased demand," he added.

The Gainesville facility is ready to be brought on line when staffing is complete early next year. Ultimately, Toxco will relocate the process and recycling activities to their Ohio facility, using a combination of the Moltech equipment and other technology that Toxco has developed. Toxco is looking abroad and measuring the needs and recycling capacities in other countries for not only nickel and cadmium containing batteries but for lithium batteries as well.

Toxco, Inc., with headquarters in Anaheim, Cal, is North America's only battery recycler of both primary and secondary lithium batteries. The company has facilities in Trail, British Columbia Canada; Columbus, Ohio; Tulsa, Oklahoma; Oakridge, Tennessee; and now Gainesville, Florida. In addition to recycling lithium batteries, Toxco is a major producer of lithium hydroxide for use in the lubricating and grease industries. Toxco also produces a wide range of inorganic fluorine chemical products under its subsidiary Ozark Fluorine Specialties in Oklahoma.

# # # #

For more information on the new facility contact Mr. Todd Coy, Vice President, Battery Division at (800) 548-8797 or e-mail at tcoy@kinsbursky.com.