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PRRY Planet Resource Recovery Inc (PK)

0.0002
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Planet Resource Recovery Inc (PK) USOTC:PRRY 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% 0.0002 0.0002 0.004 0.00 01:00:00

Planet Resource Recovery, Inc. Introduces PetroLuxus(TM) 100 - Treatment for Biodiesel, Heavy Oil, Waste Oil and Other Raw Fuel

24/04/2007 2:00pm

Business Wire


Planet Resource Recovery (PK) (USOTC:PRRY)
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Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer, manufacturer and marketer of the PetroLuxus™ family of products, is pleased to introduce PetroLuxus™ 100 - a new treatment for biodiesel, heavy oil, waste oil and other raw fuel feed stocks. PetroLuxus™ 100 is a cost effective, time efficient solution for the upgrading of raw fuel feed stocks prior to entering the refining process or the treatment of finished product that has accumulated particulates and water during the storage and transportation phase. PetroLuxus™ 100 is a derivative product of the PetroLuxus™ family that is specially blended to enhance the processing of numerous fuel feed stocks. The introduction of PetroLuxus™ 100 into fuel feed stocks results in rapid dispersement that eliminates the interfacial surface tension of the feed stocks and other materials such as water, metals, dirt, sediments, and other contaminants. The product works rapidly, usually within several hours, to effectively separate the components, resulting in a stratification of materials by specific gravity. The stratification of components provides a cleaner product for refining. PetroLuxus™ 100 is non-hazardous, non-flammable and biodegradable. Numerous tests have demonstrated PetroLuxus™ 100’s positive results on biodiesel, heavy oil, waste oil and other fuel feed stocks. Biodiesel – As a treatment to both vegetable and animal rendering biodiesel feed stocks, PetroLuxus™ 100 stratified the water, particulate matter, glycerin and fatty acids, making a purer feedstock for refining. A definitive layer of glycerin is produced, allowing for harvesting for resale. Heavy Oil – Crude oil less than 10° API Gravity is considered to be Heavy Oil. This grade of crude oil presents multiple issues in its recovery, transportation, and refining. It is basically a lesser quality oil, as compared to light crude, thicker and more viscous, and often contaminated with water, paraffin, and various types of particulate matter. Because of its nature to be thick and viscous it presents specific problems in transporting through pipelines due to fouling, high pumping costs, and deterioration to equipment. When introduced to Heavy Oil, PetroLuxus™ 100 can dramatically improve the flow characteristics of the oil, segregate water, paraffin, and particulate matter, reduce acidity, reduce sulphur content, and reduce overall pumping costs. The introduction of PetroLuxus™ 100 to heavy oil can further reduce the environmental impact of Heavy Oil by easier collection and disposal of the undesirable constituents. Waste Oil – Traditional methods can be time consuming and costly. Gravity separation methods can require 60 to 90 days, and distillation methods require the costly expense of heat to boil off water and promote separation. PetroLuxus™ 100 can be used at ambient temperatures in a 24-hour time span to harvest the saleable waste oil. PetroLuxus™ 100 is available to producers and refiners for a cost effective, time efficient, environmentally friendly treatment of raw fuel feed stocks for today’s demanding fuel needs. About Planet Resource Recovery, Inc Planet Resource Recovery, Inc. is an innovative PetroChemical/Oil Services company that has developed a proprietary, environmentally-friendly chemical that dislodges hydrocarbons in practically all-natural and man-made environments. The company’s flagship product, PetroLuxus™, and its derivative product lines have a strong affinity and rapid dispersement qualities to break hydrocarbon chains on a molecular level for cost-effective remediation and recovery of petroleum products. The company’s prospective markets for remediation and recovery include: oil tank farm cleaning, marine ship cleaning, oil sludge pits, contaminated soil/oil spills, biodiesel, waste oil segregation, heavy oil, tar sands, and Enhanced Oil Recovery, to name a few. Planet Resource Recovery’s pilot manufacturing plant is fully operational with PetroLuxus™ ready for commercialization. For an audio/visual demonstration of PetroLuxus™, click on the link below. http://www.planetresource.net/test76u31b.htm For more information please visit www.planetresource.net or http://www.petroluxus.com. "Safe Harbor" Statement: Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital.

1 Year Planet Resource Recovery (PK) Chart

1 Year Planet Resource Recovery (PK) Chart

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1 Month Planet Resource Recovery (PK) Chart