Message #8 From:
NewsBot Date: November 2, 2006 11:08:00 AM
ITRO News AXcess News: Glut in Digital Camera Market Proves Valuable to Photochemical Recycler
HOUSTON--(BUSINESS WIRE)--As more digital camera models hit the market, it's creating an
environmental problem for film developers, who've got to dispose of the
hazardous chemicals left over after those photographs are developed,
which is proving valuable to Reno, Nev.-based Itronics, Inc. (OTCBB:
ITRO), a recycler of photochemicals.
At first blush you might argue that digital cameras are actually
shrinking the amount of pictures being processed and turned into
photographs, but you'd be wrong. Many consumers today take their digital
film to locations where they can get them developed, and the number of
disposable cameras is compounding that demand even more, which is why
growing environmental concerns over heavy metals and other pollutants
left over in the film developing process are putting pressure on
companies to dispose of photochemical waste, and there are not many
options available.
Itronics, Inc. recycles the photochemicals, removing the heavy metals
and turning the leftover liquids into liquid fertilizer the Company
sells commercially under the GOLD'n GRO label. The company recovers the
silver in the process, and manufactures a five-ounce pure-silver bar,
completing the environmental recycling process - a win/win for both
consumers and the companies looking to dispose of their photochemical
waste.
Tuesday, Itronics reported that it inked deals with two major suppliers
of waste photochemicals that will more than triple sales. Silver
production is also expected to expand three-fold, the company said.
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