Korsair Holdings Announces Access to Innovative Waste to Energy Technology
(Digital Journal) Korsair Holdings AG (BERLIN: NOM) has signed a sales and marketing license agreement for a Russian waste to energy technology. The agreement guarantees to Korsair exclusivity for the territory of the Balkan States. The license agreement covers all the currently existing devices AIST-200 (200 liters Biofuel/hour), AIST-1000 (1000 liters Biofuel/hour), and AIST-1300 (1300 liters Biofuel/hour) as well as all AIST devices developed in the future.
The Russian development to generate biofuel is known under the name “AIST-Technology” and protected by the patent laws of the Russian Federation. AIST describes a method of multi-stage solid fuel decomposition and oxidation of the device for its implementation and can be used for a wide range of applications in particular to transform waste into biofuel, heat and electricity according to demand. The technology is able to process any carbon-containing waste like household and industrial waste, including rubber products, plastic and plastic, coal and oil sludge to produce the output of various types of synthetic fuels, heat, electricity, technical, and distilled water. READ MORE