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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. Signs New Master Distributor for the State of Texas

17/04/2007 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 – a proprietary, environmentally friendly chemical for the Oil & Gas Industry, is pleased to announce the company has signed a new Master Distributor for the State of Texas. MTI Process Systems, a division MerTech Incorporated, has purchased the rights and PetroLuxus™ chemical solution to distribute for numerous applications and sectors. Houston-based MerTech Incorporated was founded in 1992 by Mr. Dale Merriman, whose career commenced in 1970 as a manufacturer’s representative of analytical instrumentation products. MerTech Incorporated provides cost effective solutions and analytical instrumentation products to the Petrochemical and Petroleum industries, as well the power generation, pulp & paper, pharmaceutical and semiconductor segments. Throughout a successful tenure, Mr. Merriman and MerTech Incorporated have developed strong relationships with hundreds of companies and clients. MTI Process Systems will provide PetroLuxus™ and customer support to companies in various sectors such as Biodiesel, Contaminated Soil remediation, tank farm cleaning & remediation, emulsion breaking and refining. 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

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