Thursday, May 29, 2008

Czech company ready to invest USD 1 Mln into construction of greenhouse gas utilization unit in Zaporizhzhia

City authorities of Zaporizhzhia (Southwest Ukraine) concluded a contract with Blackstone Global Ventures (Czech Republic) on installation of equipment for greenhouse gas utilization.

According to Director Andriy Kozak of the KomunSanTransEkolohia enterprise, the Czech company won a city project competition and a deputy commission with the Zaporizhzhia City Council approved the company's project. It is ready to invest USD 1 million to build a unit for methane and carbon dioxide utilization - garbage decomposition products at rubbish dumps of the regional center.

Director General of the Czech company Stanislav Kolar said the investments will be repaid. The company has a huge experience in greenhouse gas utilization, while this will be its first work with the Ukrainian clients and it expects very fruitful cooperation.

A. Kozak said the first stage of the project is scheduled to be put into service by January 1, 2009.