Dragon Polymers Ships Nylon 66 Order to China
November 27 2012 - 4:57PM
Marketwired
Dragon Polymers, Inc. (PINKSHEETS:DRAG) has shipped 132,000, lbs.
of Nylon 66 fiber from the South Carolina Landfill site to Erxin
International Co., in Huishan district, Wuxi, China. The material
has been shipped to the port of Hai Phong-Viet Nam as per the
contracts details; the total value of this shipment is $36,000
USD.
This shipment represents the second phase of testing of the
material by Erxin International Co., the company previously tested
a 50 lbs. sample of the material. The results of the first tests
were extremely positive; the material will be cleaned, extruded and
pelletized, then resold into the manufacturing industry in
Asia.
ABOUT THE COMPANY: Dragon Polymers Inc. is reseller industrial
polymers, we have been able to identify a worldwide shortage in
certain types of polymers, and specifically petroleum based
polymers. As a result of this the company is focusing its efforts
in the reclamation of polymers, specifically Polyethylene
Terephthalate and commercial grade Nylon 6,6 waste.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), and as such, may involve risks and
uncertainties. Forward-looking statements, which are based on
certain assumptions and describe future plans, strategies, and
expectations, are generally identifiable by the use of words such
as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements
relate to, among other things, expectations of the business
environment in which the Company operates, projections of future
performance, potential future performance, perceived opportunities
in the market, and statements regarding the Company's mission and
vision. The Company and all affiliated parties do not assume any
duty to publicly update or revise the material contained
herein.
Contacts: Investor Relations
888-610-2242info@dragonpolymers.com
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