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.