Planet Resource Recovery, Inc. Successfully Completes Remediation of Underground Storage Tank in Oreland, PA
March 19 2009 - 8:00AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of the PetroLuxus(TM) family
of green technology products, is pleased to announce the successful
remediation completion of a buried railcar tanker in Oreland, PA,
that was filled with toxic sludge.
Securing this project was very important to Planet Resource
since it was being conducted by the US Environmental Protection
Agency (EPA) Region III and funded with Superfund Cleanup monies
for remediation. In a joint effort with general contractor, WRS
Compass, an environmental remediation company and New Jersey
Engineering firm, E2PM, Planet Resource Recovery provided a special
blend of PetroLuxus(TM) and supervision for the project.
WRS Compass has been remediating contaminated soil sites for the
EPA for the past twenty five years. Based on their experience they
estimated job duration to take 4-6 weeks. The inclusion of
PetroLuxus(TM) into the remediation project expedited the scope of
work resulting in a completion of toxic sludge removal in six
days.
Planet is currently awaiting follow-up reports from WRS Compass,
E2PM and the EPA. Additional information will be released as made
available.
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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