Planet Resource Recovery, Inc. Ships PetroLuxus(TM) Blend to Remediate Underground Storage Tank Under the Watchful Eye of the EP
February 26 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 has
shipped a proprietary-blend of PetroLuxus(TM) to an environmental
contractor for the remediation of toxic materials in an underground
storage tank. Preliminary on-site testing demonstrated that
PetroLuxus could break the bond of the toxic material with chemical
remediation in place of dangerous human entry into the tank. The
pilot on-site remediation contract is the result of a fact-finding
trip to Newark, New Jersey, by CEO Kurt Neubauer and Chief Science
Officer, Michael Smallwood several weeks ago.
In a joint effort with New Jersey Engineering firm, E2PM and a
local contractor, Michael Smallwood will supervise the introduction
of PetroLuxus for the removal of the toxic material. The
underground storage tank is a railroad tanker car that is currently
buried in a Philadelphia suburb. The vintage tanker car was buried
approximately 40 years ago, and is filled with a hydrocarbon
sludge, comprised of asphalt, tar and used oil. The presence of the
old railcar storage vault did not come to the attention of EPA
Region III until five years ago, at which time they contracted for
the removal of all above ground contaminates. Supervisors and
others with EPA Region III will be on hand to monitor the
extraction of the car and removal and remediation of its
contents.
The EPA learned about the unique remediation capabilities of
PetroLuxus(TM) from E2PM Senior Project Manager, Robert Feller, who
over recent months has been extensively testing PetroLuxus(TM) for
the remediation of contaminated soil. As result of on-site field
tests conducted by Michael Smallwood during his recent visit,
Feller was able to secure a contract for cleanup. What makes
PetroLuxus(TM) advantageous to those saddled with the cleanup of
contaminated underground storage tanks is the fact it is
timesaving, eliminates costly manpower expenses, as well as worker
exposure.
CEO Kurt Neubauer stated about the pilot project, "We fully
expect this first project to clearly demonstrate to the EPA and
other environmental officials, that PetroLuxus(TM) is the most
cost-effective resolve for the cleanup of contaminated soil. There
are many contaminated sites throughout the east and northeast and
we are hopeful that this will only be the first of many to
come."
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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