$EGOH NEWS! Eagle Oil Holding Company Inc. (EGOH:OTC) Purchases An Equity Stake in A Vegetable-Based Additive & Stearate Plastics Company.
14 FEB 2018
Eagle Oil Holding Company Inc. (EGOH:OTC) is pleased to announce that it has acquired 20% of the membership interest in a limited liability plastics company with operations in New Jersey.
The company, through considerable research, has developed a vegetable-based alternative to animal stearate (fats) used as a mold release otherwise the plastic would adhere to the mold. The company fulfills a worldwide need in that those stearates, which are derived from animal renderings, are forbidden in many ethnic and religious groups. General health is a potential factor as well, as these substances have been proven by U.S. Government laboratories to leach into the food. This in and of itself is a concern due to the fact that the entire rendering industry does not differentiate between healthy and diseased animals.
It is the goal of this company to be the first and only licensor of plastics and plastic products that can be certified as ERC© (Ethically & Religiously Compliant).
The company has a total plastic solution for both the ethnic and religious restrictions of the Islamic, Hindu, and Jewish faiths, as well as Vegan mandates. Today, most of the public is blind to the fact that these forbidden substances could be in the plastic products that they use every day.
Updates and further details will be forthcoming. https://puredigitaltechnology.tv/eagle-oil-holding-company-inc-egohotc-purchases-an-equity-stake-in-a-vegetable-based-additive-stearate-plastics-company/