Friday, November 30, 2018 10:17:53 AM
Global Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets
HOUSTON, TX--(Marketwired - Nov 12, 2013) - Global Clean Energy, Inc. (OTC PINK: GCEI), a waste-to-energy development company focused on optimizing commercially available technologies to recover, reclaim and convert waste into commercially viable energy, is pleased to announce that, after months of diligent negotiations, the Operational Strategy and 2014 Revenue Targets of the Company have been finalized.
As stated at the start of 2013, the objective of Global Clean Energy is to become one of the fastest growing feedstock aggregators and waste to energy integrators in North America. The Company is pleased to announce plans to commence construction on four (4) turn-key, Waste to Fuel facilities in 2014.
Throughout the year, the Company has been securing long term feedstock and operational agreements while fortifying its business model of stepping into existing operations that require an infusion of capital, technology and expertise to complete their developments. After spending most of 2013 securing the estimated $55 million needed to construct the facilities, the combined projected revenues of the first 4 facilities are estimated to be $15 million in Q3/Q4 of 2014, expanding to $60 million in 2015.
The Company will have a controlling interest in two (2) Plastic to Fuel (P2F) sites, a Platinum Group Metals ("PGM") recovery site, and an integrated energy park which will include a P2F system, a bio digester and a food grade tolling operation.
Brian Levine, COO of Global Clean Energy stated "The European model for waste to energy coming to North America in much the same way as renewables such as wind and solar, are tried, true and tested. The impending waste import embargo by China combined with the proliferation of new cost effective conversion technologies, and the increased demand in the PGM industry for catalytic converters, will fuel the Company's growth over the next decade."
Global Clean Energy's strategy is directly in line with today's market conditions and projected future trends making the timing for bringing their 4 facilities on line in 2014 is well timed for the company and its shareholders. Using proven technology in the North American markets while maintaining the level of profitability already being employed in Europe, Asia and the U.S. by similar companies will permit faster growth, less risk and accelerated operations and results for the Company.
THIS IS ALSO WHAT THEY SAID IN ANOTHER PR THAT NEVER HAPPENED:
Global Clean Energy, Inc. Update of Funding and Operations
Press Release | 06/03/2013
HOUSTON, TX--(Marketwire June 3, 2013) - Global Clean Energy, Inc. (OTC PINK: GCEI) is an alternative fuels development company focusing on waste-to-energy conversion, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E).
Global Clean Energy, Inc. is closely involved with 4 NYSE companies in the conversion technology (pyrolysis), feedstock (waste stream) and engineering fields (EPC & O&M), to build waste to fuel systems across the US in multiple industries. GCEI is focused on the North American market in implementing commercially proven technologies to convert end-of-life plastic, ASR, pulp & paper plastics and ragger wire and tires from some of the largest suppliers in the US. The work that is currently being done in finalizing operational and funding agreements will position GCEI with abundant postindustrial plastic and tires in the Southeast, Midwest and Northwest, being the most practical regions to co-locate with our partnering companies. GCEI plans on commencing plastic sorting operations shortly at a $5,000,000 annual revenue run rate and will begin commissioning waste to fuel pyrolysis systems shortly thereafter which will have a $30,000,000 annual run rate. The technology for converting plastics to fuel is presently being employed in Europe and Asia and will now allow similar operations and investments to be made in the United States.
ALL MY POSTS EXPRESS MY PERSONAL OPINIONS. DO YOUR OWN DUE DILIGENCE.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM