July 26, 2010 14:14 ET

Parsons and SCFI Group Sign Strategic Alliance Agreement

Agreement to Bring Waste-to-Energy Technology to End Users

PASADENA, CA--(Marketwire - July 26, 2010) -  Parsons is pleased to announce that it has signed a strategic alliance agreement with SCFI (Super Critical Fluids International) Group, an Irish company at the forefront of developing innovative environmental technology applicable to areas of renewable energy, wet waste processing, and material recovery. Parsons and SCFI have created a strategic partnership to globally provide AquaCritox® Super Critical Water Oxidation technology to end users.

AquaCritox is a groundbreaking solution to one of the most important issues of our times: how to dispose of wet waste (sewage sludge, putrescible waste, chemical and petrochemical waste, and other organic materials) safely, quickly, and efficiently, while minimizing cost. AquaCritox is a technology that is proven to destruct wet waste without the generation of any hazardous substance or emission while recovering most of the renewable energy content.

"We are pleased to partner with SCFI to globally provide this innovative technology to end users," said Mike Walsh, Parsons Group President. "The combination of Parsons' resources and reputation in the waste management and energy markets coupled with SCFI's experience and expertise with AquaCritox will provide a unique solution to the industrial and municipal sectors in dealing with the challenges to provide a sustainable solution to meet their needs."

Parsons, an engineering, construction, technical, and management services firm headquartered in Pasadena, California, brings to this partnership the ability to deliver engineering, procurement, and construction-specific solutions, and assist with global marketing.

Parsons, celebrating more than 65 years of growth in the engineering and construction industry, is a leader in many diversified markets with a focus on infrastructure, environmental, and defense/security. Parsons delivers design/design-build, program and construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide, as well as federal, regional, and local government agencies. For more about Parsons, please visit www.parsons.com.