Green Envirotech Holdings Corp (GETH)

[Throwingawaymoney]

A typical Gen 1 tire processing plant with a single 'Cell' is expected to be capable of processing up to 1,500,000 end-of-life tires per year and producing approximately 6,000 tons of carbon black, 51,000 barrels of oil, and 1,800 tons of steel from that feedstock.

Shreddable Steel$115.00per net ton

01/15/19. $52.11 oil per barrel

Carbon black in the domestic market is priced at $1,450 a tonne while global prices are at about $1,200 a tonne.Feb 15, 2018


So each one of these gen one tire processors are able to net roughly 10 million dollars a year from by products of the used tires. Is this correct?

Carbon 6000 × 1200 = 7200000
Oil. 51000 × 52.11= 2657610
Scrap steel. 1800 × 115 = 207000

Grand total = 10,064,610 per plant per year