Green EnviroTech to Enter Tire Recycling Market

Company says it will model its tire recycling plants on technology in use in Asia.

Green EnviroTech Holdings Corp. (GETH), Riverbank, Calif., has announces plans to open two tire recycling plants in the United States using technology already in use in East Asia.

Gary De Laurentiis, Green Enviro Tech’s chairman and CEO, says that the technology, currently in operation in nine locations in East Asia, has been evaluated at length by GETH. The company says that reports confirm the viability of the system that converts discarded used tires to oil. Part of the onsite analysis was to assess the quality of the oil produced and, importantly, for use in the United States, to assess the emission levels from the plants.

According to GETH, oil sample test results confirmed that converted oil was within required levels for the United States, that emission levels were well within the limits imposed in the United States and the tire conversion plants were superior to other systems analyzed by GETH in operation worldwide.

De Laurentiis comments, "Tire disposal worldwide is a major problem in landfills and other areas, with landfills still being the major disposal route. This relatively new technology fits perfectly into the company's business plan. By establishing two plants in the USA, GETH will continue on its path of being committed to clean recycling programs while giving our shareholders the opportunity for a return on their investment. As GETH develops, we plan to establish other plants throughout the United States."

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