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Enter Symbol
or Name

Robix Alternative Fuels Inc
Symbol RZX
Shares Issued 6,379,766
Close 2014-05-05 C$ 0.455
Market Cap C$ 2,902,794
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Robix hopes to commission COV in four months

2014-05-07 10:14 ET - News Release

Mr. Nathan Hansen reports


Robix Alternative Fuels Inc. has recently completed the engineering drawings for the clean ocean vessel (COV) and ordered critical components to initiate construction on the COV. The engineering drawings were completed by Rayco Steel Ltd. of Sparwood, B.C. The highly anticipated COV is expected to be ready for commissioning in approximately four months. Robix holds a patent covering its unique COV technology.

The COV is an ocean vessel, catamaran hull barge design, capable of recovering oil from water in virtually any condition, especially in rough seas (40-foot COV is stable up to Beaufort 6, or eight-foot ocean waves). Contra-rotating drums lift oil/water fluid from the surface of the ocean and scavenger blades scrape the oil/water fluid off the drums into storage tanks within the catamaran hulls. A prototype of the technology has been tested, is proven and scalable. The COV has received independent verification through a certificate of endorsement by COPP, the United States-based committee for oil pollution prevention.

How the COV compares with the competition:

  • Rates of oil recovered and recovery throughput efficiencies are noted as oil rate of recovery (ORR) and recovery efficiency (RE);
  • The water surface lifting force generated by the COV's patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared with conventional skimmer systems, and the RE of the COV is in the 90 per cent to 97 per cent range. This is competitive with best-in-class 21st century technology in terms of ORR and RE;
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to top 3 status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel, which is inherent to the COV design;
  • When competitors' skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as eight-foot waves), significantly outperforming its competitors, and stands in a class of its own.

"This marks the beginning of our preparation for the commercial launch of our COV product," commented Nathan Hansen, president and chief executive officer of Robix Alternative Fuels. "The COV's ability to operate so efficiently even in rough water truly sets this product apart from its competition. We are in active discussions with potential strategic partners that have existing global market access, but lack a truly unique solution such as the COV, in oil spill response and recovery."

We seek Safe Harbor.

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