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Wednesday, 02/06/2013 2:26:20 PM

Wednesday, February 06, 2013 2:26:20 PM

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Cassandra Oil, the first batch of oil produced
Home » Press » Press Releases »Cassandra Oil, the first ...

2012-12-21

The first movement of oil from tires manufactured
Two new patent applications filed in Sweden and the U.S.
The management team is strengthened with Bo-Göran Ulfberg

The first movement of oil from tires manufactured

As part of the startup phase has a first set of oil from the tires produced in Cassandra Oils process plant model CASO 600th The results will be analyzed in the company's laboratory and a basis for further work on the tuning of the control system.

Two new patent applications filed in Sweden and the U.S.

Cassandra Oil has filed two additional patent applications with both device requirements methodology requirements. Patent applications covering a total of 94 head and the requirements and submitted separately in Sweden and USA.

The management team is strengthened with Bo-Göran Ulfberg

Bo-Göran Ulfberg, former CEO of Volvo Construction Equipment Component AB and an honorary doctorate at Mälardalen University, has been hired as a consultant to work with management responsible for the construction of a production on a complete process plant per week starting in 2014.

"Thursday, December 20, 2012 was written a new chapter in Swedish industrial history when we produced the first batch of oil from car tires. I am very satisfied with the development of Cassandra Oil in 2012 and what we have achieved in a relatively short time. 2013 promises to be a busy but exciting year in which we will focus on building a production that can meet market demands and expectations. I am grateful that we managed to tie Bo-Göran Ulfberg to Cassandra Oil to help us with this. Finally, we want to Cassandra Oil to take this opportunity and wish you Merry Christmas and Happy New Year "says Cassandra Oil's founder Anders Olsson.

For further information, please contact
By Laine, MD
tel: +46 76 830 00 99

Erik Nerpin, Chairman
+46 70 620 73 59

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Only the long term counts.

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