Plastic2Oil Inc (PTOI)

[fourkids_9pets]

Plastic to diesel company Vadxx looks to raise $1.5m

15 Apr 2014
plastic170The alternative fuels company Vadxx is looking to raise $1.5m selling equity according to documents filed with the Securities and Exchange Commission.

The company, which makes diesel, gas and solid fuel from waste plastic, has already raised $500,000 and this is its first attempt to raise venture capital, according to the filing.

Vadxx is one of a number of plastics to energy companies that has raised cash over recent months.

On 1 April JBI Energy reported that it had raised $320,000 in a funding round targeting a total of $1m.

JBI Energy partnered with Crayola in September last year to create a program that encouraged students to dispose of used Crayola marker pens through an in-school collection process. Markers are then sent to JBI where they will be used as feedstock to produce diesel and other liquid fuels.

Copyright © 2014 NewNet

Tags: diesel, fuel, funding, investment, JBI, plastic, private equity, Vadxx, venture capital

Related Posts

$Alternative fuels developer JBI Energy eyes further funding
Vadxx Energy receives backing from Liberation Capital
UBS confirms fundraising for €2bn second infrastructure fund
Natural gas company NG Advantage raises $5.5m
Turbine-maker Wind Power Holdings raises $5m selling equity


http://www.newenergyworldnetwork.com/investor...-1-5m.html


http://www.sec.gov/cgi-bin/browse-edgar?actio...output=xml


====

have i mentioned recently that this sector is its infancy
(newly emerging aka disruptive tech)

and have i mentioned recently that the successful early adopter
of thie emerging tech will create $generational wealth

oh yeah .. runner up won't do too badly either :)

==
4kids
all jmo