$GCEI ALERT >Global Carbon Black Market Worth $25BILLION by 2020 http://www.prnewswire.com/news-releases/global-carbon-black-market-worth-usd-25-billion-by-2020---analysis-trends--opportunities-report-2015-2020---key-vendors-birla-carbon-koppers-inc--mitsubishi-chemicals-300208965.html
$GCEI'S PROJECTS (below)
Illinois Scrap Tire to Fuels and recovered Carbon Black Project (W2F)
The W2F project, which was delayed due to the rapid decline in world oil prices over the last two years, has been reactivated now that oil prices have stabilized. The project is now being reviewed by multiple alternative energy project funders. GCE is optimistic it will be funded.
The project consists of converting waste tires to high value products using pyrolysis. The tire chips are converted to gas and recovered carbon black. The gas is then converted to liquid fuel. The recovered carbon black is sold into the world-wide carbon black markets as a replacement for carbon black derived from crude oil while the fuel is sold to a large fuel distributor as a blending fuel for gasoline and other fuel products.
The project already has in place all the requirements to make it shovel ready. GCE will use proven commercially operational technology (30 plants in operation world-wide), tires chips from a large tire recycler in the Midwest, purchase agreements from the largest carbon black distributor in North America and fuel purchase agreements from a billion dollar fuel distributor.
The W2F project will be the largest commercial tire conversion project in North America and will be part of a nationwide effort to eliminate waste tires in landfills and as burning fuel for industry both of which are contributing to pollution by leaching and destroying the air shed. This project, although delayed in the past by the oil markets, is the top priority of GCE to achieve our goals of clean alternative energy and high value products by converting hazardous material into high value products in an environmentally clean fashion.
The second arm of the company to achieve shareholder value and alternative energy production is the work that is being done on creating an ALGAE REIT with GCE as the managing general partner. To date, the company has begun negotiations on pricing algae production indoors, off take agreements to assure production is sold, securing a property to build its' first plant, and finishing the pro forma. Algae production in the US has moved to a highly productive scale and the return on investment looks extremely promising. The company believes the system being developed will revolutionize how fuel is produced but more importantly how it is financed. Go GREEN with Global Clean Energy a Enviromentally Friendly Waste Tires & Algae 2 Fuel Company. http://www.globalcleanenergy.net/