Zenergy International, Inc. Plans to Double Production Capacity at Recently Acquired Biofuels Plant
December 15 2009 - 3:00PM
Marketwired
Zenergy International, Inc. (PINKSHEETS: ZENG) is pleased to
announce that the Company intends to expand the current facility
recently acquired from its current capacity of 5 Million Gallons
Per Year to 10 Million Gallons Per Year, literally doubling the
facility production capacity.
It's anticipated that with a very cost effective investment in
an additional biofuel reactor that the Company stands the potential
of practically doubling their anticipated revenues. Expansion of
the plant would be the optimal next step in the development of the
Company, considering the low cost of the investment alongside the
advantageous profit potential. The revenue generating capability of
Zenergy International by expanding the facility is expected to grow
exponentially in consideration of the growth potential.
The Company has acquired the property situated on 40 Acres of
productive land, additional to a plant currently in production in
Littlefield, Texas. With the completion of the acquisition of
Greenlight Biofuels, Ltd. the company has invested in an operation
capable of producing five million gallons per year, along with a
vast amount of land, providing considerable room for expansion.
Greenlight Biofuels Ltd. is strategically located on the
transport corridor, close to a number of transport fueling depots,
providing a favorable environment for significant local revenues.
Recently acquired Greenlight Biofuels Ltd. has developed a robust,
proprietary, and proven technology capable of processing a variety
of feedstock. In alignment with the corporate strategy, having
technology that can use flexible feedstock is particularly
advantageous, as upon market pricing fluctuation the feedstock
sources can be changed in accordance with where the best value
lies.
"Due to the current schematic of the Greenlight Biofuels
facility, adding another reactor to increase capacity would be the
next logical step. The current distressed sector has given us an
added advantage to increase operations without requiring much
capital. We continue to move forward with momentum, as we explore
other geographical areas that offer the same potential to enhance
our overall presence," stated Robert Luiten, Founder & Chairman
of Zenergy International.
As recently announced, the Company's management has refined the
initial capital structure, enabling Zenergy to maximize the growth
potential of its shareholder value. It is, and will continue to be,
of paramount importance to Zenergy International that as the
Company evolves through new business development and acquisitions,
that Zenergy International's shareholders are given an opportunity
to grow with the Company through an established favorable
environment for profitability.
About Zenergy International, Inc.
Zenergy International, Inc. is a global biofuel solutions
provider which works to deliver biofuels at a competitive price,
focusing on sustainable resources, safe practices, and compliance
with all environmental laws. The Company strives to minimize
overall environmental impact. Zenergy is engaged in the development
and acquisition of biofuel sites, including constructing, acquiring
existing facilities and operating fuel-grade biodiesel and ethanol
plants. Please visit our website at www.ZenergyIntl.com for more
information.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors.
Contact: For more information visit our website at
www.ZenergyIntl.com or Contact Investor Relations: Gibraltan
Financial (407) 830-9777
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