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Thursday, April 18, 2019 7:53:38 AM
Over the last years, the GETH team has achieved the following:
? Ready to deploy GEN 1 End of Life Tire Processing Solution with an independent engineering certification.
? Secured two strategic partners as EPC contractors – BHP Engineering & Construction LLC and Schneider Electric – they will construct and start GETH Processing Plants; and help to ensure reliable uptime of GETH Processing Operations
? Secured end product offtake agreements for Oil and for Carbon Black
? Have 2 projects ready for funding in USA:
1. Ohio Operation comprising: Carbon Finishing Plant
2. Tire Processing Plant with 100 tons per processing capacity to be located in Maryland: partnership with scrap tire collector – feedstock and site secured, undergoing final stage of permitting process
? Finalizing agreement with an offshore partner to develop, finance, build and operate GEN 1 End of Life Tire Processing Plants around the world. Revenues from overseas projects are not included in the current version of the company financials
It looks like agreement with offshore partner has been finalized,IMO.
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