Planet Resource Recovery, Inc. Introduces PetroLuxus(TM) 500 - a New Aqueous Emulsion Breaking Solution for the Oil & Gas Indust
April 04 2007 - 9:02AM
Business Wire
Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer,
manufacturer and marketer of the PetroLuxus� family of products, is
pleased to introduce PetroLuxus� 500 - a new aqueous emulsion
breaking product for the oil & gas sector. PetroLuxus� 500 is
available for a wide range of hydrocarbon emulsion breaking
applications throughout the full stream of crude oil production
phases of drilling, operations, refining and storage. PetroLuxus�
500 is a specially blended aqueous chemical solution developed for
the treatment of hydrocarbon emulsions. When introduced into an
emulsion, PetroLuxus� 500 disperses rapidly while eliminating the
interfacial surface tension between oil and other materials such as
water, metals, dirt, sediments, and other contaminants. The product
works rapidly, usually within several hours, to effect separation
of hydrocarbon emulsion components resulting in a stratification of
materials by specific gravity. Stratification of the emulsion
components by specific gravity provides an efficient method for the
remediation and recovery of the components. PetroLuxus� 500 is
non-hazardous, non-flammable and biodegradable. The Company has
performed extensive tests in the lab and field with emulsions of
oil based drilling mud, waste oil, bio-diesel feed stock with
definitive results in separation of hydrocarbons, water and
particulates. PetroLuxus� 500 offers the opportunity to recover
hydrocarbons and reduce former waste to non-hazardous, disposable
or saleable materials. Hydrocarbon emulsion breaking is one of the
most complex and situational aspects of oil chemistry. The oil
& gas industry spends hundreds of millions of dollars every
year in preventing or breaking emulsions. The Petroleum industry
considers emulsions a real issue due to the enormous costs
associated when dealing with emulsions. Common components of an
emulsion in oil production consist of crude, water, formation
fines, dirt, clay, drilling muds, cuttings, scale solids, etc.,
which escalate cost due to increased foaming, higher power
consumption, increased volume and viscosity, and corrosion of
pipelines, tanks and equipment. Additionally, disposal of
unbreakable hydrocarbon emulsions result in costly fees for
transportation and disposal at off-site hazardous waste sites or
hazardous waste management solutions. PetroLuxus� 500 offers
environmentally friendly solutions to a costly issue for the
petroleum industry. PetroLuxus� 500 can be utilized to break
emulsions at all phases of crude oil production. During the
drilling phase PetroLuxus� 500 can be utilized to remediate
drilling fluids/muds, tailings and sludge pits. Operational phase
can utilize the product to break emulsions at the wellhead, reduce
water and particulates, and decrease viscosity in Heavy oil.
Emulsions created in the refining phase can be broken to maximize
raw feedstock and processing final product. Storage facilities can
utilize PetroLuxus� 500 for the cleaning and maintenance of tank
batteries for optimal efficiencies. About Planet Resource Recovery,
Inc Planet Resource Recovery, Inc. is an innovative
PetroChemical/Oil Services company that has developed a
proprietary, environmentally-friendly chemical that dislodges
hydrocarbons in practically all-natural and man-made environments.
The company�s flagship product, PetroLuxus�, and its derivative
product lines have a strong affinity and rapid dispersement
qualities to break hydrocarbon chains on a molecular level for
cost-effective remediation and recovery of petroleum products. The
company�s prospective markets for remediation and recovery include:
oil tank farm cleaning, marine ship cleaning, oil sludge pits,
contaminated soil/oil spills, biodiesel, waste oil segregation,
heavy oil, tar sands, and Enhanced Oil Recovery, to name a few.
Planet Resource Recovery�s pilot manufacturing plant is fully
operational with PetroLuxus� ready for commercialization. For an
audio/visual demonstration of PetroLuxus�, click on the link below.
http://www.planetresource.net/test76u31b.htm For more information
please visit www.planetresource.net or http://www.petroluxus.com
"Safe Harbor" Statement: Certain statements in this release are
"forward-looking" statements as defined in the Private Securities
Litigation Reform Act of 1995. Such statements are subject to
numerous risks and uncertainties. Actual results may vary
significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially
differ from forward-looking statements include, but are not limited
to, the Company's ability to meet the terms and conditions required
to obtain its project financing, risks and delays associated with
product development, risk of market acceptance of new products,
risk of technology or product obsolescence, competitive risks,
reliance on development partners and the need for additional
capital.
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