FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Foreclosure Sale by Tiger Group and Perry Videx Features Medical Waste-Disposal Equipment

August 02, 2022, 07:00 AM
Filed Under: Auctions

Recycling and waste-disposal companies can acquire shredders, incinerators and other useful machinery and equipment in an immediate sale by Tiger Group and Perry Videx.
 
The assets come from Aemerge RedPak’s former medical-waste treatment facility in the city of Hesperia. Opened in 2017, the plant destroyed and sterilized medical waste, converted it into clean energy and diverted up to 95 percent of treated waste from landfills.
 
“While the company encountered financial difficulties, its relatively new equipment continues to perform well and is available at a fraction of the original cost of investment,” noted John Coelho, Senior Director, Tiger Commercial & Industrial.
 
The sale features a thermal oxidizer and patented Carbonizer incineration system, along with more general plant support and material-handling equipment, such as an air-quality control system, an air compressor, a diesel generator and a forklift, said Gregg Epstein, President and CEO of Hainesport, New Jersey-based Perry Videx.
 
The four-shaft industrial shredder—an Untha RS 100-1200-110—is a highlight of the sale, the executive said. “It can handle all forms of recycling—metal, plastic and paper—and is a powerful piece of high-utility equipment.”
 
So, too, is the plant’s Carbonizer, Epstein noted. As operated by Aemerge RedPak, the patented system processed organic waste in a negative-pressure, no-oxygen environment with high heat, leaving just three sterile co-products—synthesis gas, which the company captured and converted to clean energy; treated glass and metals, later recycled; and carbon char, repurposed as alternative fuel.
 
“That’s how the plant managed to divert from landfills 95 percent of the waste it treated,” Epstein explained. “A buyer could take this same approach by acquiring these related systems. However, each system is useful in its own right. The Carbonizer, for example, burns at 1,450 degrees Fahrenheit and is a potential centerpiece for any medical or general waste-incineration operation.”
 
For its part, the Callidus Technologies thermal oxidizing system is highly efficient at cleaning gas streams. “Incineration creates gases that need to be further treated in order to allow them to go into the atmosphere,” Epstein said. “In this case, the process was clean enough to win approval from the California Department of Public Health and the Mojave Desert Air Quality Management District. As the saying goes, ‘If you can get it approved in California, you can get it approved anywhere.’”

For asset photos, descriptions, and other information, visit
https://soldtiger.com/sales/complete-medical-waste-renewable-energy-facility/







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.