Planet Resource Recovery, Inc.'s CEO Interviewed by Calgary Herald Stating PetroLuxus(TM) Is the "Silver Bullet" to Canada's "Di
February 23 2009 - 8:00AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of the PetroLuxus(TM) family
of green technology products, announced today that the company's
CEO, Mr. Kurt Neubauer, was recently interviewed by Shaun Polczer
of the Calgary Herald. Mr. Polczer interviewed Mr. Neubauer on the
eve of President Barack Obama's first visit to Canada where energy
and economic issues were expected to dominate talks. Primary
concerns of the US are the environmental impact of extracting oil
from oil sands and the resulting greenhouse gas emissions and other
environmental menaces of Canada's "Dirty Oil."
Canada ranks second in terms of global proven crude oil reserves
(15 per cent of world reserves), after Saudi Arabia's 173 billion
barrels. Oilsands production of more than 1.2 million barrels a day
accounts for approximately 42 per cent of Canada's total crude
output. Oilsands producers move enough overburden and oilsands
every two days to fill Toronto's Rogers Centre or New York's Yankee
Stadium. Current extraction process of oil from oilsands is
estimated to emit three times the global warming emissions compared
to conventional oil extraction & refining, additionally
rendering vast tailing ponds of sludge that threaten the
environment.
In the Calgary Herald article, Mr. Polczer writes, "But Kurt
Neubauer, president and founder of Houston-based Planet Resource
Recovery Inc., thinks he has a magic bullet for solving the
environmental problems of the oilsands. Using a proprietary
chemical catalyst, he claims to be able to recover 99 per cent of
the oil from sand without any greenhouse gas emissions." For the
complete article visit
http://www.planetresource.net/PDF/Calgary_Hearld-Feb192009.pdf
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer
and marketer of the PetroLuxus(TM) family of green technology
products, a proprietary environmentally friendly chemical compound
that dislodges oil in practically all natural and man-made
environments. The PetroLuxus(TM) family of products are effective
and efficient solutions for the remediation and recovery of
petroleum-based products. PetroLuxus(TM) applications include
Enhanced Oil Recovery, Oil Sands, oil spills, oil tank farm
cleaning, marine ship cleaning, remediation of oil sludge pits,
treatment of raw fuel feedstocks, waste oil segregation and
biodiesel, to name a few. Through the acquisition and formation of
wholly owned subsidiaries, Planet Resource Recovery, Inc. deploys
the PetroLuxus(TM) products. Oil Recovery Ventures, Inc. deploys
PetroLuxus(TM) through joint ventures in the Enhanced Oil Recovery
market.
For an audio/visual demonstration of PetroLuxus(TM), click on
the link http://www.planetresource.net/index-21.html
For more information visit: http://www.planetresource.net or
http://www.petroluxus.com
Safe Harbor Statement
Certain statements in this release are "forward-looking"
statements as defined in the Private Securities Litigation Reform
Act of 1995. Such statements are subject to numerous risks and
uncertainties. Actual results may vary significantly from the
results expressed or implied in such statements. Factors that could
cause actual results to materially differ from forward-looking
statements include, but are not limited to, the Company's ability
to meet the terms and conditions required to obtain its project
financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or
product obsolescence, competitive risks, reliance on development
partners and the need for additional capital.
Company Contact: Enrique M. Salinas III Planet Resource
Recovery, Inc. 281-996-5315 Email Contact Media Contact: Rod
Mitchell 281-350-5506 Email Contact
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