U.S. Energy Initiatives Travels To Canada To Methes Plant
SANTA CLARITA, Calif.,
June 7, 2013 /PRNewswire/
-- U.S. ENERGY INITIATIVES CORPORATION INC. (OTC Pink:
USEI) is pleased to announce today that USEI Management (Anthony
Miller-CEO & Harrison McCoy III-CTO) recently traveled to
Sombra Canada to visit an amazing
state of the art 13 million gallon per year biodiesel plant owned
by Methes Energies International Ltd. Methes Energies International
Ltd. is a renewable energy company that offers a variety of
products and services to biodiesel fuel producers. Methes also
offers biodiesel processors that are unique, compact, fully
automated state-of-the-art equipment that encompasses a continuous
flow process that has the capability to run a wide variety of
feed-stocks. Methes markets and sells biodiesel fuel produced at
its showcase production facility in Mississauga, Ontario, Canada and also at its
most recently commissioned a 13 MGY facility in Sombra, Ontario. Marketing efforts have
exceeded company goals to both domestic and international, to
customers in the U.S. and Canada,
as well as providing multiple biodiesel fuel solutions to its
clientele.
According to Anthony Miller,
CEO, "This trip gave us an opportunity to see this technology
working under real-world-conditions. This trip further provided
management with an opportunity to see and discuss possible
opportunities, with their management, and develop strategies for
our firm (Images of this trip, along with their plant can be found
at the following link on our website
http://www.usenergyinit.com/methes-images-slide-show/). Note: The
rapidly growing biodiesel industry has witnessed robust growth
potential in 2013 and the demand for biodiesel is substantial… not
only in the private sector but also by federal and state agencies.
We believe that U. S Energy Initiatives' course of actions going
forward and our alliances are vital components to our overall plan.
The Federal subsides approved by the U.S. Congress of
$1.00 per gallon of biodiesel
produced, provides us with assurance of profitability. Utilizing
recycled oils as well as virgin feed-stocks to make biodiesel, our
business strategy is to supply California customers with this much needed
fuel. The renewable fuel we produce, can ultimately become blended
with petroleum diesel in a wide range of concentrations for
whatever the end-user requires. U.S. Energy Initiatives is a
phenomenal company and we have provided the following link and our
website to help you better understand why our firm is remarkable
(http://www.usenergyinit.com/what-makes-usei-a-great-business-opportunity/).
According to our Chief Technology Officer Harrison McCoy III, the future of biodiesel will
be paved by firms that produce like Methes… continuous flow
production of fuel rather that batch processing. The continuous
flow process is a 24 hour day/ 365 day per year processing which
will yield the greatest amount of production and revenue. This is
our goal this year, to get on that bandwagon."
About U.S. Energy Initiatives
U.S. Energy Initiatives Corporation is a
diverse energy firm that has a long history of
developing automotive and hybrid fuel systems and technologies.
This firm first started in 1996 and has had a long successful
business history of developing its business strategies.
Management's new goal is to develop its new and old technologies
and to build a dynamic energy firm. The Company has three
separate energy initiatives; one in the oil, gas &
technology sector (brought in by Mr. Miller), one in the hybrid
fuel or bio-fuel sector and one in the automotive sector. Our goal
immediate goal is to develop our bio-fuel opportunities and going
forward our goal is to acquire and develop stranded or un-recovered
oil properties for enhanced oil production, create partnerships
with operators, create strategic alliances for primary and
secondary recovery. Our overall goal is to become an
environmentally responsible energy company; utilizing all methods
available to generate income. We will market our products to a
worldwide market to produce significant revenue and add value for
our shareholders.
DISCLOSURES: "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release may
contains forward-looking statements that are subject to risk and
uncertainties, including, but not limited to, the impact of
competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in the Company's filings with
OTCMarkets.com and as required to the Securities and Exchange
Commission. These risks could cause USEI's actual results to differ
materially from those expressed in any forward-looking statements
made by, or on behalf of, the Company.
Contact: Investor Relations
866 922-1116 or info@usenergyinit.com
Website: www.usenergyinit.com
SOURCE U.S. Energy Initiatives Corporation Inc.
