Royalty Report: Energy & Environment, Environmental Control, Recycling – Collection: 3992

License Grant

The Canadian Licensor and the Malaysian Collaborators have agreed to collaborate with each other to carry on business in the area of selling and marketing the KDS Micronex Machine and to facilitate the same.

License Property

The Licensor owns a patented grinder-dryer technology called the KDS Micronex Reduction System, which technology is reflected in a micronizing machine manufactured and produced by the Licensor, also a Collaborator.

The system an all-in-one solution which efficiently and economically processes a wide variety of raw materials and wastes into fine, dry powders which can be used for the manufacturing of ethanol, other green fuel or pathogen free fertilizer. The Licensor's clients benefit by simplifying on-site grinding and drying operations into a single compact, and easy-to-operate system while creating high-quality, dry, virtually pathogen-free powders that have value as industrial feed stocks, fuels, fertilizers and animal feeds.

USA  Patent application [No. 10/127,662] filed on 23 April 2002 with the United States Patent and Trademark Office. Application approved and patent [No. 6,55,167 B2] has been granted on 2 December 2003;
Patent application [No. 732979] filed on 19 October 1996 with the United States Patent and Trademark Office. Application approved and patent [No. 5,839,671] has been granted on 24 February 1998;
Patent application [No. 197677] filed on 23 November 1998 with the United States Patent and Trademark Office. Application approved and patent [No. 6,024,307] has been granted on 15 February 2000;

Canada  Patent application [No. 2,416,402] filed on 15 January 2003 with the Canadian Intellectual Property Office;
Patent application [No. 2,344,511] filed on 19 April 2001 with the Canadian Intellectual Property Office;
Patent application [No. CA 2218429] filed on 15 October 1997 with the Canadian Intellectual Property Office; and

Europe  Patent application [No. 97944666.3-2313 0932446] filed on 16 October 1997 with the European Patent Office. Application approved and patent [No. 0932446] granted.

Field of Use

The rights granted apply in industrial feed stocks, fuels, fertilizers and animal feeds. This invention relates to the comminution of raw materials like wood chips, glass and rocks into fine powder.

The Malaysian Collaborators are in the business of sourcing, developing and acquiring new technology for application in various industries in Malaysia, including the palm oil industry in Malaysia. The Parties have agreed to establish a joint venture company in Malaysia.

License Grant

Licensor hereby grants to the Korean Licensee the Exclusive, non-transferable right to use the Licensor' s Technology in the Territory for the Applications and more particularly with regard to the Patents and Know-How for the sale, operation and use of KDS Micronizing Machines for a period of fifteen years from the date of signing this Agreement subject to the terms and conditions set out herein. The Company owns a patented kinetic disintegration system (KDS).

License Property

The KDS is a machine that utilizes kinetic energy and standing sound waves to disintegrate various materials such as wood waste, animal waste, mineral rock, rubber, glass, and other industrial minerals into a dry, fine, talcum-like powder.

Field of Use

The goal of the Company is to develop commercially viable industrial applications for the KDS, then market, manufacture, and sell, lease and/or license the KDS. The Company's research and testing to date indicates that the best use for the equipment is found in converting biomass (wood waste) to a fine, dry combustible fuel that can be incinerated in specialized burners to create BTUs (heat energy), which, in turn can be converted to electrical power through conventional means. For the biomass, the critical value of the process is its ability to act as an industrial dryer which can extract water from wood at below boiling temperature, and at a significantly lower cost than through conventional methods.

The Company is also experimenting with pulp sludge, and believes that significant potential exists in converting waste pulp sludge to dry powder, then to energy which could be recycled back to significantly reduce energy costs, disposal costs, and environmental problems.

License Grant

The Company will grant exclusive rights to the KDS Micronex system for scrap rubber processing, together with all/any ancillary equipment/components and the like, essential to cryogenically grind scrap rubber and all related rubber products only to a Canadian company for the initial territories of Canada and the USA for a period of ten (10) years.

License Property

This patented process has the capability of reducing industrial material such as limestone, gypsum, zeolite, wood chips, bio-waste, rubber and ore containing precious metals to a fine talcum-like powder. The process can significantly increase the end value of the host material.

Field of Use

The rights granted apply to the rubber industry in the environment industry.

License Grant

The Licensor shall grant the Israeli JVCO exclusive right and license to use their entire data, know how, proprietary information, intellectual property rights and assign commercial contracts (including license agreements) (if any) and any other rights resulting from past activities based on KDV (+)500 System.

The Parties are both interested in exploring the potential in the KDV technology, are looking to cooperate in locating potential markets, and establish long term relationship to bring the technology to its utmost potential.

Whereas the Parties decided that upon successful development of the KDV 150 technology they wish to market, produce, operate and maintain the KDV technology together by entering into a long term cooperation relationship via the formation of a joint venture company.

License Property

The Licensor shall also provide business development services for KDV (+)500 System.

The Licensor has license to certain KDV technology. Licensor shall also provide business development services for KDV (+)500 System.

KDV Technology shall mean catalytic conversion technology of hydrocarbon into fuel, a renewable diesel technology to convert municipal solid waste, organic materials, sludge and other hydrocarbon materials to diesel oil, including all Improvements to such technology made or acquired from time to time, including Intellectual Property, Systems, the formulation of catalysts used in Systems and all related materials and information.

KDV 150 System shall mean a System capable of producing a minimum of 150 liters of diesel oil per hour.

Field of Use

Licensee is one of the leading Israeli defense systems' house, known for its cutting edge technologies, products and solutions and is interested in assigning its technical experience to assist in the development of a KDV system.

License Grant

The Licensee entered into a Licensing Agreement with the Licensor for exclusive licensing rights for technology relating to the processing of organic waste to marketable byproducts via the Advanced Pyrolysis System 200 (APS200).

The Licensee will have exclusive rights to sub-License, establish joint ventures to commercialize, use and process organic waste, and sell related byproducts in the territory of the Bahamas, Dominican Republic, St., Thomas, St. Maarten, and Grenada for 20 years.

License Property

The APS200 system is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy. We will initially be focused on using the application for processing waste tires for conversion to biochar and fuel oil.

License Grant

The Licensee entered into an exclusive License with the Licensor to use their technology (Patent No. 5,411,594) to convert cellulosic biomass into fuel grade ethanol in the United States.  This Agreement was amended in November 2005 to extend the initial evaluation period for the technology.

License Property

If such a Municipal Solid Waste & Green Waste to Fuel Ethanol Project is not initiated within three (3) years of the date of this Agreement, the Exclusive Right will be automatically dropped to Non-Exclusive.  Licensee and/or its Designated Affiliates shall have the Non Exclusive Right to utilize the Licensed Products and Know How for processing biomass feedstock applications including but not limited to Sugar Cane Bagasse (SCB), High Fiber Cane (HFC), and Forestry Product (FP) feed-stocks in all United States territories.

On August 30, 2007, the Licensor acknowledged that the Licensee has met all requirements to maintain the exclusivity of its License. The Licensor may terminate the License Agreement on sixty days’ notice if the Licensee fails to make any payment due under this License Agreement.

Field of Use

The technology relates to processing Municipal Solid Waste and Green Waste.

License Grant

The Company entered into a Licensing Agreement with the Licensor for exclusive licensing rights for technology relating to the processing of organic waste to marketable by-products via the Advanced Pyrolysis System 200 (“APS200”).
The Company will have exclusive rights to sub-license, establish joint ventures to commercialize, use and process organic waste, and sell related by-products in the territory of Jamaica, WI.

License Property

Pyrolysis Decomposition brought about by high temperatures.

The APS200 system is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy. We will initially be focused on using the application for processing waste tires for conversion to biochar and fuel oil.