Global Clean Energy, Inc. (OTC PINK: GCEI) will continue to move ahead with its waste to fuels projects despite lower fuel prices. Revenue will be generated from the production and sale of diesel fuel and tire derived carbon black

Humble, TX -


HOUSTON, TX, November 24, 2014; Global Clean Energy, Inc. (OTC PINK: GCEI) will continue to move ahead with its waste to fuels projects despite lower fuel prices. Revenue will be generated from the production and sale of diesel fuel and tire derived carbon black.



The waste to fuels project will deconstruct both plastic and tires in two separate pyrolysis lines to create transportation fuel and carbon char. GCE's ability to upgrade and refine Pyroil crude from the pyrolysis process on-site to transportation diesel thus taking advantage of the increased price spread from crude to diesel which can add up to $25 per barrel of fuel produced. Refining on-site combined with stable carbon char prices produces positive IRR even with crude oil below $80 per barrel. "The forecast Brent crude oil price averages $83/bbl in 2015" according to the U.S. Energy Information Administration (EIA) November 2014 report.



Tire derived carbon black is an alternative to oil derived carbon black. There is an anticipated shortage of carbon black in the world wide market. Other factors bolstering carbon black prices are EPA efforts to control sulfur oxide and nitrogen oxide emissions from U.S. carbon black facilities. "Recycling tires into carbon char does not share the emission issues and associated costs as oil derived carbon black and therefore any price increase only benefit our projects"said Steven Mann of GCE.



GCE's executives will be traveling to the Southeast to meet with city managers to finalize their first waste to fuels project. The meeting is the culmination of approvals to house the project on an existing property that includes a suitable building.



Additionally, GCE is still planning on closing its PGM acquisition by the end of 4th quarter fulfilling their goal of a rich portfolio of projects to convert waste to high value products throughout 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.
Investor Relations
713-852-7474
www.globalcleanenergy.net


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