Planet Resource Recovery Ships PetroLuxus(TM) Heavy Crude to Latin American Countries & Middle East
July 16 2013 - 8:00AM
Marketwired
Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) announces today
that the newly reformulated PetroLuxus™ HC (Heavy Crude) has been
shipped to entities in Argentina, Venezuela, Chile and Kuwait.
Additionally, the company has tentative shipments scheduled to
Columbia, Mexico and Brazil pending distributor/dealer and Customs
approvals.
PetroLuxus™ HC is a multi-modal liquid
compound formulated to dislodge contaminates from heavy crude oil
streams resulting in a higher grade product with improved flow
characteristics. PetroLuxus™ HC improves the flow characteristics
of heavy oil, shed entrained water, paraffin, heavy metals,
particulate matter, reduces acidity and reduces sulfur thus
reducing overall pumping costs. PetroLuxus HC reduces the
environmental impact by allowing for the collection and disposal of
undesirable contaminants. It works at ambient temperatures, thus
reducing the energy debt.
All recipients of the PetroLuxus™ HC are currently undergoing
pilot field tests or laboratory testing on their particular crudes
and applications. The applications range from remediation of sludge
pits, drill cuttings, tank bottoms, oil spills and pre-refining of
heavy crudes.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and
marketer of the PetroLuxus™ Technology Platform which currently
include the NSF/ANSI Standard 60 Certified PetroLuxus™ family of
products for the Oil & Gas industry and AquaLuxus for the water
industry. For more information visit: www.planetresource.net.
Safe Harbor Statement Under The Private
Securities Litigation Reform Act of 1995: The statements in this
presentation that relate to the Company's expectations with regard
to the future impact on the Company's results from new products in
development are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements may
not occur. Additional risks and uncertainties are set forth in the
Company's Annual Report for the year ended December 31, 2011. The
Company undertakes no obligation to publicly release the result of
any revisions to these forward-looking statements that may be made
to reflect events or circumstances after the date hereof, or to
reflect the occurrence of unanticipated events or changes in the
Company's plans or expectations.
Contact: Planet Resource Recovery, Inc.
281-213-5266 Email Contact
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