Re: Project Registration
EcoSecurities Group plc
11 March 2008
ECOSECURITIES REGISTERS 101st CDM PROJECT
Dublin, 11 March 208: EcoSecurities, a leading company in the business of
sourcing, developing and trading carbon credits, has announced the successful
registration of its 101st Clean Development Mechanism (CDM) project, Tianji
Group Line 1 N2O abatement project, which is located in Lucheng City in Shanxi
province, and has an output of 130,00 tonnes of nitric acid per year.
This project is being developed by EcoSecurities and Tianji Coal Chemical
Industry Group Co. Ltd and utilises a secondary N2O abatement catalyst
technology to reduce N2O emissions which is a strong greenhouse gas (310 times
more potent than CO2). It is expected that this project will generate around
500,000 CERs a year and over 2.5 million CERs through to 2012. In addition to
this project, there are also several other N2O projects currently making their
way through the CDM process.
Belinda Kinkead, Head of Implementation at EcoSecurities, said, "We are very
proud to have successfully registered the Tianji N2O project with the CDM EB.
This is the first successfully registered N2O project in our portfolio and we
have a further 15 projects at various stages of the CDM implementation cycle."
Pedro Moura Costa, President at EcoSecurities, commented, "It is encouraging to
see EcoSecurities continue to expand its market share, having registered 101 out
of 937 registered projects in the CDM pipeline. I am confident that we will
continue to build on these successes throughout 2008."
- Ends -
For further information please contact:
EcoSecurities Group plc
Rachel Mountain +44 (0) 1865 202 635
Citigate Dewe Rogerson +44 (0) 207 638 9571
Kevin Smith
Ged Brumby
Editor's Notes:
About EcoSecurities:
EcoSecurities is one of the world's leading companies in the business of
sourcing, developing and trading carbon credits. EcoSecurities structures and
guides greenhouse gas emission reduction projects through the project cycle,
working with both project developers and buyers of carbon credits.
EcoSecurities has experience with projects in the areas of renewable energy,
agriculture and urban waste management, industrial efficiency, and forestry.
With a network of offices and representatives in over 25 countries on five
continents, EcoSecurities has amassed one of the industry's largest and most
diversified portfolios of carbon projects.
Utilising its highly diversified portfolio, EcoSecurities is able to structure
carbon credit transactions to fit any buyers' needs, and has executed
transactions with both private and public sector buyers in Europe, North America
and Japan.
Working at the forefront of carbon market development, EcoSecurities has been
involved in the development of many of the global carbon market's most important
milestones, including developing the world's first CDM project to be registered
under the Kyoto Protocol. EcoSecurities Global Consulting Services has been at
the forefront of all significant policy and scientific developments in this
field. EcoSecurities has been voted 'Best Advisory Firm - Kyoto Project
Credits' over the last seven years by reader surveys conducted by Environmental
Finance magazine.
EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker ECO).
Additional information is available at www.ecosecurities.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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