Fortune 500 Industrial Group to Build Sites With Global Clean Energy, Inc. Aggregation Model
04 Marzo 2013 - 8:58AM
Marketwired
Global Clean Energy, Inc. (PINKSHEETS: GCEI) (the "Company"), an
alternative fuels company focusing on waste-to-energy conversion,
is excited with its alternative fuels aggregation model for
mid-sized waste-to-energy conversion solutions and timeline for
entering into the multi-billion dollar industry. MarketResearch.com
estimates that by 2014, less than 3% of total fossil fuels will be
replaced by biofuels from traditional sources, it represents a
market size of over $100 billion with growth at 8.2% annually
through 2014.
With a compelling pipeline of market opportunities presently
existing in the United States, the Company is finalizing multiple
agreements in prime US markets with major waste plastics and waste
tire suppliers to acquire the rights to install pyrolysis systems
on their facilities. Each of the feedstock operations has numerous
sites available to the Company which will increase GCEI's
development pipeline of multiple projects extending into the next
decade. The Company's proven pyrolysis systems allow for the waste
plastics and tires to be converted into alternative, low emission
fuels such as diesel, and syngas.
The Company has been in discussions with multiple Fortune 500
manufacturing corporations for the engineering procurement and
construction of the facilities. The EPC will be providing
performance guarantees for their work on the development projects,
allowing Global Clean Energy Inc. to bring in-line, term financing
commitments to secure the construction. GCEI will announce system
role outs on route to becoming the preeminent modular pyrolysis
system integrator in the US.
Steven Mann, the Chief Development Officer of Global Clean
Energy, Inc., recently returned from a tour of the existing
commercial facilities, stating, "We are excited to be able to work
with proven technologies which have been running commercially in
Europe for a number of years. With our Fortune 500 partners and
EPC, we believe Global Clean Energy will be one of the leaders in
the waste to energy space within the next 36 months."
The Company plans to bring its first of multiple plants on line
by Q2 2014.
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 GCEI 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. GCEI 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. www.globalcleanenergy.net Investor
Relations 713-852-7474
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