Planet Resource Recovery, Inc. Initiates Start up Production of Its SRU-15 Ultra Low Sulfur Technology at Its Beta Site
July 12 2010 - 10:00AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY)
announces that it has initiated start up production of its SRU-15
technology at its Beta site. The system is developed to treat
diesel fuel produced from Transmix distillation plants to reduce
Sulfur compounds and meet the latest federally mandated standards
for ULSD (Ultra Low Sulfur Diesel).
The Beta site system is designed to treat approximately 22,000
gallons per day of high quality diesel fuel meeting ULSD standards
of less than 15 ppm. The process incorporates a design that is
energy efficient and cost effective, providing a marketable
solution to sulfur reduction.
The company's research and development team is currently
monitoring the system and developing the required database of
information for ongoing evaluation and improvement. The Planet team
has met the challenge to develop a working sulfur reduction system
within a 90 day timeframe from concept to startup, within
budget.
The project is entering into the secondary phase, which will
focus on incorporation of a proprietary design for an automated
control system to manage and operate the system while collecting
and transmitting real time data and the addition of increased
sulfur reduction capacity.
About Planet Resource Recovery, Inc.
Houston, Texas-based Planet Resource Recovery, Inc. is the
developer, manufacturer, and marketer of unique, environmentally
friendly proprietary chemical compounds and processes that will
usher in a new paradigm shift in industry. The company is primarily
focused on three distinct sectors: 1) Oil & Gas Industry with
PetroLuxus™, 2) Remediation of mining toxic byproducts and 3)
mining of base and precious metals. The company has developed
multi-dimensional compounds and their related processes,
technologies and methodologies to provide these sectors enhanced
benefits and revenue opportunities. For more information visit:
www.planetresource.net or www.petroluxus.com.
"Safe Harbor Statement" Under The Private
Securities Litigation Reform Act of 1995: The statements in this
presentation that relate to the Company's expectations with regard
to the future impact on the Company's results from new products in
development are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements may
not occur. Additional risks and uncertainties are set forth in the
Company's Annual Report for the year ended December. 31, 2009, the
Company's Quarterly Report for the First quarter ended March 31,
2010. The Company undertakes no obligation to publicly release the
result of any revisions to these forward-looking statements that
may be made to reflect events or circumstances after the date
hereof, or to reflect the occurrence of unanticipated events or
changes in the Company's plans or expectations.
Contact: Planet Resource Recovery, Inc. Investor
Relations: Jillian Young 1-877-878-5333 Email Contact
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