Green EnviroTech Holdings Announces Achievement of Process Performance Certification
06 Ottobre 2016 - 3:00PM
Marketwired
Green EnviroTech Holdings Announces Achievement of Process
Performance Certification
JAMESTOWN, CA-(Marketwired - Oct 6, 2016) - Green EnviroTech
Holdings (OTC PINK: GETH) is pleased to announce that as of
September 2016 the Company has received a process performance
certification for its Generation 1 (Gen 1) end-of-life Tire
Processing Solution from BHP Engineering & Construction LP.
As GETH Chairman and CEO, Gary De Laurentiis explains, "This is
a momentous achievement for the company as we can now secure
financing for projects that will recycle end-of-life tires anywhere
in the world. Not only is our Gen 1 Tire Processing Solution
fundable, the models project that it will deliver excellent
financial returns on investment. We look forward to being able to
announce projects to install, commission and operate Gen 1
end-of-life tire processing plants in the near future. I would like
to thank all of the team and our partners for their efforts in
achieving this significant milestone."
Chris Bowers, CEO of Smart Fuel Solutions, the operational arm
of GETH, added, "Gary and the team have achieved this hugely
important milestone through dedication and persistence over many
years. This achievement is the fundamental step that we believe
will help to propel GETH into revenues and profits in 2017. I join
Gary in thanking the team and our partners for their outstanding
work."
Dong Pham, President of BHP Engineering & Construction LP
added, "In providing the process performance certification, BHP
engineers started with a proven international production scale
pyrolysis system. We incorporated numerous modifications to meet US
emission standards, improving efficiency, reliability and improving
the fuel oil product specifications to meet US customer
requirements. Our modifications are based on proven processing
technologies which we have used for the past 33 years so we are
fully confident in the system's production performance. The GETH
Gen 1 end-of-life Tire Processing Solution is robust, and we can
already see a path to upgrading Gen 1 and to developing Gen 2."
Dong added, "We are very pleased to be involved in a venture
that will help to clean up the environment and create jobs in local
communities. We are fortunate to be working with Gary and his team
as they have a wealth of knowledge and experience in global
business; and have feedstock supply contacts in the recycling
industry all over the globe. Both of these factors will be key
elements that contribute to superior profitability of this project
and future projects."
Forward-Looking Statements GETH cautions that statements made in
press releases constitute forward-looking statements, and makes no
guarantees of future performances and actual results/developments
may differ materially from projections in forward-looking
statements. Forward-looking statements are based on estimates and
opinions of management at the time statements are made.
About GreenEnviroTech Holdings GreenEnviroTech Holdings (GETH)
is a pioneer in sustainable economic development. Our mission is to
find practical, economical solutions that will clean up the
environment. Our technologies will convert waste into valuable
products and help to protect the planet.
About Smart Fuel Solutions Smart Fuel Solutions (SFS) is an
operating company whose team has 50 years of combined experience in
the waste recycling sector and is majority owned by GETH. SFS will
be directly involved in the day-to-day operations of each
plant.
About BHP Engineering & Construction LP BHP Engineering
& Construction LP has a record of over 33 years in providing
quality, responsive, and cost effective engineering and
construction services to refining, oil and gas, chemical, municipal
and military clients. We are a multi-discipline, full-service
design engineering and construction firm with a diversified staff
of engineers, planning/scheduling specialists, designers,
instrument & electrical technicians, surveyors, construction
coordinators, construction management and support personnel.
Contact: Public Relations and Media Contact: LCG Headquarter
Office 702.333.4886 www.lcginfo.com
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