Global Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets
November 12 2013 - 8:30AM
Marketwired
Global Clean Energy, Inc. Unveils 2014 Operational Strategy and
Revenue Targets
HOUSTON, TX--(Marketwired - Nov 12, 2013) - Global Clean Energy,
Inc. (OTC-PINK: GCEI), a waste-to-energy development company
focused on optimizing commercially available technologies to
recover, reclaim and convert waste into commercially viable energy,
is pleased to announce that, after months of diligent
negotiations, the Operational Strategy and 2014 Revenue Targets of
the Company have been finalized.
As stated at the start of 2013, the objective of Global Clean
Energy is to become one of the fastest growing feedstock
aggregators and waste to energy integrators in North America. The
Company is pleased to announce plans to commence construction on
four (4) turn-key, Waste to Fuel facilities in 2014.
Throughout the year, the Company has been securing long term
feedstock and operational agreements while fortifying its business
model of stepping into existing operations that require an infusion
of capital, technology and expertise to complete their
developments. After spending most of 2013 securing the estimated
$55 million needed to construct the facilities, the combined
projected revenues of the first 4 facilities are estimated to be
$15 million in Q3/Q4 of 2014, expanding to $60 million in 2015.
Michael Coia CEO of Seneca Bio-Energy stated "As an owner
operator of SBE Energy Park we have been approached by many energy
groups (developers), out of all the companies that have approached
us only GCE has brought the breadth of experience
and capabilities to convert W2E enabling SBE to complete our
project."
The Company will have a controlling interest in two (2) Plastic
to Fuel (P2F) sites, a Platinum Group Metals ("PGM") recovery site,
and an integrated energy park which will include a P2F system, a
bio digester and a food grade tolling operation.
Brian Levine, COO of Global Clean Energy stated "The European
model for waste to energy coming to North America in much the same
way as renewables such as wind and solar, are tried, true and
tested. The impending waste import embargo by China combined with
the proliferation of new cost effective conversion technologies,
and the increased demand in the PGM industry for catalytic
converters, will fuel the Company's growth over the next
decade."
Global Clean Energy's strategy is directly in line with today's
market conditions and projected future trends making the timing for
bringing their 4 facilities on line in 2014 is well timed for the
company and its shareholders. Using proven technology in the North
American markets while maintaining the level of profitability
already being employed in Europe, Asia and the U.S. by similar
companies will permit faster growth, less risk and accelerated
operations and results for the Company.
About Global Clean Energy Inc.
Global Clean Energy, Inc. is a waste-to-energy conversion
solutions company, focusing on using available and developing
technologies to convert waste into commercially viable energy, a
process the company refers to as Reforming Environmental Salvage
into Clean Usable Energy (R.E.S.C.U.E.).
Statements in this release may be regarded, in certain
instances, as "forward-looking statements" pursuant to certain
sections of the Securities Act 1933 and the Securities Exchange Act
1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements
are made, and involve risks and uncertainties, which could cause
actual results or events to differ materially from those currently
anticipated, including, but not limited to delays, difficulties,
changed strategies, or unanticipated factors or circumstances
affecting Global Clean Energy Inc. and its business. There can be
no assurance that such forward-looking statements will ever prove
to be accurate and readers should not place undue reliance on any
such forward-looking statements contained herein. Global Clean
Energy Inc. will not republish revised forward-looking statements
to reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC. Investor Relations 713-852-7474
www.globalcleanenergy.net
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