Vecor Selected to Present at CleanEquity Monaco 2014

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Mar 04, 2014, 06:45 ET

LONDON, March 4, 2014 /PRNewswire/ -- Vecor will present at CleanEquity Monaco 2014 on March 27th & 28th at the Sporting d'Hiver, Monaco. CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.

Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, Qualcomm, PR Newswire, Kwittken & Company, the Monte-Carlo SBM and Monaco Chamber of Economic Development.

Vecor has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.

Vecor develops and commercialises patented technologies to enable manufacture of ceramic products using aluminium silicates extracted from waste grade coal ash blended with custom designed additives.

Vecor's technologies can be used to manufacture a large number of products, including ceramic tiles, wear-resistant industrial ceramics, refractories, bricks, blocks, street pavers and sands. Vecor's technologies can also be used to produce ultra-fine industrial fillers for paints, industrial coatings, rubbers, plastics and other products.

Vecor's technologies provide cheaper raw materials and cost savings in manufacturing processes, including water, energy, labor and land usage, as well as opportunities for green credits, tax benefits and government support.

Vecor has entered into its first joint venture with a Chinese ceramic tile manufacturer. The venture's first coal ash processing plant will be launched in April 2014, enabling ceramic tile production with approximately 40% recycled ash content. A full-scale showcase ceramic tile production line will be launched in early 2015, enabling ceramic tile production with approximately 70% recycled ash content.

Vecor's China joint venture is attracting keen interest from Chinese government and businesses looking for practical means of improving environmental outcomes.

Waste coal ash poses a global environmental problem, causing land degradation, water contamination and air pollution. More than 500 million tonnes of waste coal ash is produced each year.

Vecor's technologies will enable large scale, profitable use of waste coal ash and will lead to the elimination of coal-ash landfills across the world.

Contact:
Alex Koszo (CEO)
[email protected]
www.vecor.com

About Innovator Capital:

Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.

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www.cleanequitymonaco.com

SOURCE Innovator Capital