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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Arcis Resources Corporation (CE) | USOTC:ARCS | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
This initial delivery is part of a program driven by the desire of GDC's OEM automotive customers for parts and products that correlate with their own sustainability goals. Once the product specifications are approved by GDC, Arcis anticipates monthly deliveries to GDC of recycled Polypropylene ranging between 20,000 to 40,000 lbs.
This is the second recycling program in which GDC and Arcis have partnered. In 2010, GDC partnered with Mobile Fluid Recovery, Inc. ("MFR"), a wholly owned subsidiary of Arcis Resources Corporation, to recycle contaminated oil booms reclaimed from a 200+ mile stretch of the 2010 Gulf Oil Spill. Through the joint efforts of the parties, over 100,000 pounds of plastic resin was produced from the reclaimed materials. During this project, MFR's patented fluid recovery technology was used to extract the oil and waste water from the booms so the polypropylene material could be processed into a plastic resin. GDC used this recycled plastic resin to manufacture the deflectors that direct air around the Chevrolet Volt's radiator. According to General Motors (GM), this joint project produced enough plastic resin to supply the first year's run of 10,000 cars.
"Having partnered with MFR during the Gulf Spill, we are enthusiastic to expand our relationship with Arcis and explore new ways to integrate their access to beneficial reuse feedstocks, such as recycled Polypropylene plastic resin pellets, into our products," said Chris Miller, Vice President of Sales & Operations at GDC, Inc.
Arcis Resources Corporation (OTC:ARCS.QB) is an integrated beneficial reuse and reclamation company headquartered in Birmingham, AL. The Company's primary focus is to provide beneficial reuse and reclamation services, as well as petrochemical logistics and distribution services, to generators and customers in the US, South America, and the Middle East. Arcis provides its petrochemical logistics & distribution services, and beneficial reuse sales & marketing via Arcis Energy, Inc. and also provides award winning patented liquid recovery technology for reclaiming liquid wastes out of industrial sorbent materials via Mobile Fluid Recovery, Inc. Arcis Energy, Inc., Gulf Coast Energy Distribution, LLC and Mobile Fluid Recovery, Inc. are wholly owned subsidiaries of Arcis Resources Corporation (ARCS.QB). Arcis has offices in West Palm Beach, FL and Birmingham, AL. (www.arcisresources.com).
The Arcis Resources Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11372
GDC, Inc. is a total solutions provider for a wide variety of products and components to a range of industries. From modest beginnings in 1955 die cutting parts for the automotive industry, GDC, Inc. has expanded and developed an impressive set of innovative engineering, manufacturing and supply management capabilities that focus on sustainability. GDC, Inc. currently supplies over 20 million parts annually to companies like Ford, Toyota, GM, Trane and more. Their excellent reputation for integrity and a long track record of steady growth has continued even during times of uncertain economic and industry conditions. (www.gdc-corp.com)
CONTACT: For media inquiries: 561-713-1183 info@arcisresources.com www.arcisresources.com
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