Looks like our partners are spreading their wings.
You can add BEHL to the "strategic partnerships"
"By using almost all of ENVIROTEK's strategic partnerships technologies, the end result is the transformation of waste materials to clean burning renewed energy and power for use as Clean Burning Vehicle fuels, including Biodiesel, Gasoline, and Jet Fuel and now Magnegas, a clean burning alternative to natural gas emitting oxygen and less emissions than fossil fuel through the vehicles exhaust systems."
ENVIROTEK Announces Expansion of Extreme Biodiesel Facility
COSTA MESA, CA -- (Marketwire) -- 11/24/09 -- ENVIROTEK (PINKSHEETS: ENTK) today announced the company's Board of Directors has agreed to the expansion of the company's Extreme Biodiesel facility in Corona, California.
ENVIROTEK's Board of Directors today commented that expansion of the existing facility is already under way for the production of 10,000 gallons per day of Biodiesel fuel. The revised expansion will allow for the production of 20,000 gallons per day and is hoped to be fully completed during the 2nd quarter 2010.
When complete, the Corona facility is expected to operate 6 days per week with an approximate output of almost 500,000 gallons per month of premium Biodiesel. Based on current market pricing, the annual revenues, along with the Government subsidy program, would equate to be in excess of $15,000,000 annually.
Extreme Biodiesel is one of 15 fully licensed refineries in the USA who are legally permitted to refine and resell Biodiesel products. As a licensed refining facility, Extreme Biodiesel is registered under the state and federal subsidy program which entitles the company to an additional $1.33 per gallon incentive funds, paid directly to the company from the US treasury.
Extreme Biodiesel also manufactures "mini extractors," a small business/home mini refinery system, at the Corona facility. These units are designed for small business owners and individuals to produce (non resale) Biodiesel products at their own locations. Last year, the company manufactured, sold and shipped almost $1,000,000 of these units. Production is being increased for 2010 with a projected sales target of $2,000,000 for the "mini extractors."
Robert Thompson, ENVIROTEK President, stated, "By using almost all of ENVIROTEK's strategic partnerships technologies, the end result is the transformation of waste materials to clean burning renewed energy and power for use as Clean Burning Vehicle fuels, including Biodiesel, Gasoline, and Jet Fuel and now Magnegas, a clean burning alternative to natural gas emitting oxygen and less emissions than fossil fuel through the vehicles exhaust systems."
