EnviroSafe Industrial Services acquires former Schering-Plough
plant
Caribbean Business
By : LAWSON D. THURSTON
Volume: 36 | No: 50
Page : 05
Issued : 12/18/2008
Manatí site will produce methanol and other
synthetic fuels from waste material to
tap into potential multibillion-dollar market.
EnviroSafe Industrial Services Corporation of Puerto Rico (EnviroSafe)
in San
Juan recently acquired the former Schering Plough plant in Manatí
for an
undisclosed amount.
EnviroSafe plans to produce methanol and other synthetic fuels
from waste
material that it will process in Startech Plasma Converter Systems
in the
EnviroSafe Recycling Facility in Manatí. The system will convert
all municipal,
industrial and other solid waste into manageable and reusable
material while at
the same time producing green energy.
Plasmatech Caribbean Corp. is the exclusive distributor in the
Caribbean for
Startech Environmental Corp. of the Plasma Converter Systems.
Federico Padrón
Garay, engineering vice president of Plasmatech, was unavailable
for comment at
press time, but in recent weeks indicated his company was involved
in ongoing
negotiations to take over the former Schering Plough facility.
Startech is an internationally recognized, award-winning
environment and energy
company that produces and sells plasma-processing equipment,
including the
Plasma Converter System.
Methanol, the principal product to be produced in Manatí is the
cheapest and
simplest of all alcohols that can be made, and is one of the most
important of all
industrial chemicals. Methanol is used in the preparation of many
pharmaceutical
and food-industry products. It stores and transports easily and
has an
international market of more than $5 billion annually.
Schering Plough announced in 2006 that it planned to close its
manufacturing
plant in Manatí by year-end and reduce its Las Piedras operation
by 50 jobs.
Approximately 600 jobs were lost in Puerto Rico.
Although many suspected the announced closure of Schering’ Plough’s
Manatí
plant was due to quality issues with the Food & Drug
Administration (FDA), which
date back to 2001 and resulted in a $500 million fine, Schering
Plough denied the
closure had anything to do with quality issues, but rather was a
global
cost-cutting initiative.
|