Europlasma: Foundation of CHO Power in Morcenx to be Laid on February 11, 2011

BORDEAUX, France, February 7, 2011 /PRNewswire-FirstCall/ --

- Foundation Celebration to be Held on February 11th With Public and Private Supporters

- First EPC Revenues Booked by CHO Power, 100% Subsidiary of the Europlasma Group

Europlasma announces the upcoming celebration of the laying of the foundation of the CHO Power biomass and waste to electricity plant under construction in Morcenx (France).

The event will take place on February 11th in presence of the supporters and partners (both public and private) contributing to the realization of this major project among which, Mister Rousset the President of the Regional Council of Aquitaine, Mister Emmanuelli the President of the Council of Les Landes County, Mister Richard the Prefet des Landes (State representative), Mister Deyres the Mayor of Morcenx, as well as industrial, commercial and financial partners.

CHO Power SAS, 100% subsidiary of Europlasma, is in charge of the plant's engineering, procurement and construction (EPC). The plant's construction started on December 1st, 2010, enabling CHO Power SAS to book its first revenues arising from the EPC contract in its accounts for the financial year ended 31 December 2010. The Civil Works are progressing in line with the planned construction schedule.

The 12 MWe plant's operating launch is expected in 2012. It will supply the equivalent of 50,000 inhabitants with electricity fully generated from the advanced plasma gasification of industrial and commercial (I&C) waste and biomass.

CHO Morcenx is located next to Inertam's asbestos and hazardous waste processing and recycling site, 100% owned by Europlasma.

About Europlasma

Europlasma is a French Group operating in the clean technologies and renewable energy production industries. Founded in 1992 to apply its proprietary plasma torch technology to hazardous waste destruction, it is now built on the following three business units:

    - Inertam is the global specialist in the destruction and
      recycling of asbestos and hazardous waste.

    - Europe Environnement is the European leader in industrial
      ventilation and gas cleaning systems.

    - CHO Power is a producer of electricity from waste and
      biomass gasification.

[http://www.europlasma.com] [Alternext - NYSE Euronext Paris - Mnemo : ALEUP - Isin : FR0000044810]

    Press and investor contacts

    Europlasma
    Didier Pineau, Chief Executive Officer
    [email protected]

    Calyptus
    Marie Ein / Alexis Breton
    Tel: +33-1-53-65-68-68 /
    [email protected]

SOURCE Europlasma