FASC signs collaboration agreement with Mitsui

First American Scientific Corp. (FASC) has signed an agreement with Mitsui Engineering and Shipbuilding (MES). The Japanese shipbuilder will conduct a feasibility study into the marketability of the KDS Micronex System in Japan and evaluate the opportunity of venturing into a licensing agreement to introduce the technology to the Japanese market. In addition, MES has agreed to undertake all necessary steps to file and protect First American’s patents in Japan.

FASC is the owner of the patented KDS Micronex System, a unique one step process for drying and grinding waste biomass into a fine dry combustible fuel. According to David Dungate, V.P. of Marketing for FASC, “significant costs of waste disposal and recently introduced legislation requiring recycle of food and industrial wastes make Japan a high potential market for the KDS technology. The de-watering of waste biomass and other sludges can create a fine dry green fuel source that will achieve significant energy savings and, in some operations, can eliminate disposal costs.”