Global Clean Energy, Inc. (OTC PINK: GCEI) has recently secured a long term supply agreement with Liberty Tire Recycling, the nation's leading tire recycler which processes in excess of "140 million tires annually", to provide tire chips as feedstock to Global Clean Energy..
October 16, 2014 10:12 ET
Global Clean Energy and Liberty Tire Recycling Confirm Contract
HOUSTON, TX--(Marketwired - Oct 16, 2014) - Global Clean Energy, Inc. (OTC PINK: GCEI) has recently secured a long term supply agreement with Liberty Tire Recycling, the nation's leading tire recycler which processes in excess of 140 million tires annually, to provide tire chips as feedstock to Global Clean Energy.. The supply agreement allows GCE to move forward with their planned tires to fuels project which will convert tires, through proven pyrolysis gasification technology, into transportation fuel and tire derived carbon char. GCE's project will produce 1.5 million gallons of fuel each year while keeping over 800,000 tires from landfills. GCE has plans for develop additional tires to fuels facilities throughout North America. "GCE is extremely pleased to finalize this long term agreement with Liberty Tire Recycling, it will be economically beneficial to both our businesses in addition to making positive impacts to the environment and the future of alternative energy production in the US.," stated Steven Mann, GCE's Chief Development Officer.
Global Clean Energy, Inc. (GCE) is a waste-to-energy alternative fuels company. It is developing build-own-operate waste-to-energy conversion sites through developed and acquired technologies that convert end-of-life plastic and tires into commercially viable energy. The Company calls the process Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E). Global Clean Energy is also a leader in the recovery of platinum group metals (PGM). The Company is at the forefront of alternative energy and cleantech in North America.
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.