Agreement Signed Between Global Clean Energy, Inc. and Fortune 500 Industry Leader
February 19 2014 - 3:10PM
Marketwired
Agreement Signed Between Global Clean Energy, Inc. and Fortune 500
Industry Leader
HOUSTON, TX--(Marketwired - Feb 19, 2014) - Global Clean Energy,
Inc. (OTC Pink: GCEI) announces the completion of a long term
Feedstock Agreement with Sonoco Recycling a member of the Sonoco
family, Hartsville, SC (NYSE: SON). Sonoco Recycling will provide
end of life plastic in addition to other solid waste streams to GCE
for future Waste to Fuel (W2F) plant developments in North
America.
Locations are being carefully vetted in 2014 and the first plant
is expected to be operational in 2015. "We are extremely
impressed with Sonoco's forward thinking commitment to waste
conversion and their stewardship of the environment,"
says Steven Mann, Chief Development Officer of GCE.
About Sonoco
Founded in 1899, Sonoco is a global provider of a variety of
consumer packaging, industrial products, protective packaging, and
displays and packaging supply chain services. With annualized net
sales of approximately $4.8 billion, the Company has more than
19,900 employees working in 347 operations in 34 countries, serving
some of the world's best known brands in some 85 nations. Sonoco is
a proud member of the 2013/2014 Dow Jones Sustainability World
Index.
About Global Clean
Energy, Inc. Global Clean Energy, Inc. is a waste-to-energy
conversion solutions company, focusing on using available and
developing technologies to convert waste into commercially viable
energy, a process the company refers to as Reforming Environmental
Salvage into Clean Usable Energy (R.E.S.C.U.E.). GCE is the
industry's most diversified aggregator and system integrator
bringing solutions to the plastics, rubber, anaerobic digestion and
platinum group metals recovery industries. GCE focuses on existing
technologies with a track record to provide its feedstock network
with reliable solutions.
Statements in this release may be regarded, in certain
instances, as "forward-looking statements" pursuant to certain
sections of the Securities Act 1933 and the Securities Exchange Act
1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements
are made, and involve risks and uncertainties, which could cause
actual results or events to differ materially from those currently
anticipated, including, but not limited to delays, difficulties,
changed strategies, or unanticipated factors or circumstances
affecting Global Clean Energy Inc. and its business. There can be
no assurance that such forward-looking statements will ever prove
to be accurate and readers should not place undue reliance on any
such forward-looking statements contained herein. Global Clean
Energy Inc. will not republish revised forward-looking statements
to reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC. Investor Relations 713-852-7474
www.globalcleanenergy.net SONOCO RECYCLING www.sonoco.com
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