Green Star Announces Second Fuel Additive Order This Week
March 26 2010 - 9:30AM
Marketwired
Today Green Star Products, Inc. (PINKSHEETS: GSPI) announced that
it has received its second order this week for its TVT Diesel Fuel
Energizer (DFE) additive for use in large industrial engines.
Joseph LaStella, President of Green Star, stated, "The second
order from Mexico was twice as large as the first order and
together they represent enough TVT fuel additive to treat 4,500,000
liters of diesel fuel."
Mr. LaStella further stated, "Although engine designs vary
greatly in industrial commercial engines, the majority of engines
tested in the United States to date have shown fuel savings of from
5% to as high as 12%. Therefore, the resulting fuel savings from
the delivery of just these two orders can be from 225,000 liters to
540,000 liters of fuel. Furthermore, the reduction of Greenhouse
Gases (GHG) can be from 1,600,000 pounds to 3,800,000 pounds of
CO2."
The TVT Product Line could be a tremendous opportunity for the
shipping, transportation and electric power generation industries
to reduce their emissions and fuel consumption. By cutting down
petroleum use, these industries can reduce their carbon
footprint.
Previous results also include tests on four large Caterpillar
engines on a cruise ship, which reduced fuel consumption by an
average of 12% and reduced other emissions. For further information
see press release dated January 27, 2010,
http://www.greenstarusa.com/news/10-01-27.html and March 24, 2010,
http://www.greenstarusa.com/news/10-03-24.html and also visit the
http://www.GreenStarTVT.com Web site for more information.
In conclusion, prospective customers always want to know the
affordability of the product and the return on investment (ROI)
rates. Therefore, the DFE additive will cost the customer
approximately 2 cents per gallon of treated fuel when purchased in
industrial quantities. With diesel fuel costs of 3 dollars per
gallon at the pump, even if the fuel savings are only 2%, this
would be a 6 cent savings for a 2 cent investment per gallon, which
is a ROI of 200%. At 5% fuel savings, the money saved would be 15
cents per gallon with a ROI of 650%. And at 12% fuel savings, it
means a whooping 36 cents per gallon saved and 1700% ROI. Hence
this would be the lowest hanging fruit available to immediately
reduce our fuel consumption and reduce our carbon footprint, which
may also qualify for carbon credits.
Other TVT Lubricant Products include:
* TVT 24-7 Engine Oil Energizer * TVT Diesel Fuel Energizer
(DFE) * TVT Machine Cutting Oil * TVT Water-Soluble Cutting Oil *
TVT Hydraulic Fluid Additives * TVT Oil Well Drilling Lubricants *
TVT Cold Heading Lubricant Concentrate * Super TVT Racing Engine
Formula
About Green Star Products Green Star
Products, Inc. (PINKSHEETS: GSPI) is an environmentally friendly
public company dedicated to creating innovative, cost-effective
products to improve the quality of life and clean up the
environment. GSPI and its Consortium are involved in the production
of green sustainable goods including renewable resources like algae
biodiesel and clean-burning biofuels, cellulosic ethanol and other
green products, as well as lubricants, additives and devices that
reduce emissions and improve fuel economy in vehicles, machinery
and power plants. For more information visit
http://www.GreenStarUSA.com, or call 1-800-741-7648 and
1-800-340-9784, fax 619-789-4743, or email
info@GreenStarUSA.com.
Forward-looking statements in the release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including without limitation, continued acceptance of the company's
products, increased levels of competition, new products and
technological changes, dependence on third-party suppliers, and
other risks detailed from time to time in the company's periodic
filings.
CONTACT: Joseph LaStella, President Green Star Products, Inc.
800-741-7648 800-340-9784 619-864-4010 619-789-4743 (fax)
info@GreenStarUSA.com
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