Global Clean Energy, Inc. (GCEI: OTC Link) | Global Clean Energy, Inc has commenced Development of a 15-20 ton per day Gasification System

Global Clean Energy, Inc has commenced Development of a 15-20 ton per day Gasification System

Sep 10, 2012

OTC Disclosure News Service

Humble, TX –

Houston, Texas– Global Clean Energy, Inc. (OTC PINK:GCEI) announced that planning has begun to build an integrated waste-to-energy Demonstration facility. The project is estimated to cost $15-20 million.

 

The first phase of the hybrid gasifier was completed on time and on budget, and proved that GCEI’s pilot scale 2-3 tpd gasifier, which was tested with different mixtures of carbonaceous materials including coal, plastic, rubber, Municipal Solid Waste (MSW), produced a synthetic gas. 

 

The second stage is being negotiated based on the City of Salaberry-de-Valleyfield’s requirement to incorporate gasification with an anaerobic digestion system as mandated by the Province of Quebec. Phase Two will lead to the construction of a 15-20 tpd gasifier.

 

 This demonstration unit will serve as a pilot for Phase Three of the city’s waste-to-energy system, but will also be commercialized as is for industrial companies that have already expressed interest in GCEI’s technology.   The system will upon successful testing and evaluation enable GCEI to begin plans to produce commercially viable systems targeted at the $100 billion dollar North American waste-to-energy market.

Global Clean Energy is a renewable energy company that develops and commercializes innovative products and services in the area of energy waste management. The company’s mission is to provide commercial solutions for organic waste recovery and reformation into clean usable energy.

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as “forward looking statements” pursuant to Section 27A of the Securities Act 1933 and Section 21B of 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 the GCEI and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and reader should not place undue reliance on any such forward-looking statements contained herein. GCEI 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 ENERY, INC.

Investor Relations

713-852-7474

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/GCEI/news?id=52335

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