Dragon Polymers Identifies New Potential Landfill Site Containing Nylon 66
December 20 2012 - 7:09PM
Marketwired
Dragon Polymers, Inc. (PINKSHEETS:DRAG) has identified a 20 acre
site in South Carolina as a potential landfill site containing
Nylon 66. The new site is located with 10 miles of our current
landfill site in Greenwood, South Carolina. The company will begin
testing on the site in the 1st quarter of 2013, with the help of
the Ecole Polytechnic de Montreal's Geophysics department using
Electrical Resistivity Tomography technology to determine how much
Nylon 66 exists at the site. The new landfill potential is still
unknown but will add to the companies estimated reserves of over
35,000,000 lbs. of Nylon 66.
In geophysics, electrical resistivity tomography uses electrodes
on the surface of the earth or in bore holes to locate resistivity
anomalies, and in industrial process monitoring the arrays of
electrodes are for instance use to monitor mixtures of conductive
fluids in vessels or pipes. This method is used in Industrial
Process Imaging for imaging conductive fluids.
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 Nylon6,6 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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