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Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer, manufacturer and marketer of the PetroLuxus™ family of products, is pleased to announce that the company's R&D department has successfully treated and reduced barium contaminants from water to acceptable environmental levels. This successful treatment of contaminated water opens a new door for the company's products in the multi-billion dollar water remediation and reclamation industry.
Planet Resource Recovery, Inc. has been dedicated to the treatment of hydrocarbons and oil for recovery in applications including: oil well treatment and stimulation, environmental remediation, waste oil treatment, tank bottom cleaning, emulsion breaking and general applications requiring cost-effective, environmentally friendly methods of breaking hydrocarbon bonds from other materials for enhancement and recovery.
Recognizing the growing demand from the oil & gas industry for the treatment of waste water streams associated in oil production due to increasing environmental standards, Planet Resource devoted its R&D resources to develop a water treatment product that targets the isolation and separation of oil, heavy metals and other undesirable adulterates from water. Utilizing the same concepts in the development of PetroLuxus™ that separate water, heavy metals and other solids from oil by initiation of an ionic exchange mechanism on a nano scale to penetrate even the smallest particle, this new water base product is designed to remove entrained oil, suspended metals and other adulterates from water.
Planet Resource began the development of a water treatment product at the request of an international oil company burdened with the handling and treatment of barium ladened water during its oil production. This prospective client is faced with having to treat in excess of 60,000 barrels per day of barium contaminated waste water. Multiple independent tests have confirmed that the new product dramatically reduces the barium level in water from over 46 ppm to less than 5 ppm. Treatment with this new product is simple, requires no heat, can be applied in current processes resulting in flocculated barium for simple separation. Current chemical treatment processes are limited and can only effectively reduce the barium level by fifty percent.
The company's R&D resources will continue to study, test and development other cost-effective, environmentally-friendly products for the treatment contaminants in water waste streams. Current testing includes the treatment for heavy metals such as chromium, titanium, sodium, chlorides, arsenic, mercury and other harmful and toxic adulterates.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is a holding company spearheaded by its Petrochemical manufacturing unit that has developed PetroLuxus™, a proprietary environmentally friendly chemical compound that dislodges oil in practically all natural and man-made environments. The PetroLuxus™ family of products is an effective and efficient solution for the remediation and recovery of petroleum-based products. PetroLuxus™ applications include Enhanced Oil Recovery, Oil Sands, oil spills, oil tank farm cleaning, marine ship cleaning, remediation of oil sludge pits, treatment of raw fuel feedstocks, waste oil segregation and biodiesel, to name a few.
Through the acquisition and formation of wholly owned subsidiaries, Planet Resource Recovery, Inc. deploys the PetroLuxus™ products. RADA Technologies, Inc. engineers new mechanical processing equipment proprietary to PetroLuxus™ products while simultaneously providing fuel inventory management services reducing loss to increase gain for its customers. Oil Recovery Ventures, Inc. deploys PetroLuxus™ through joint ventures in the Enhanced Oil Recovery market.
For an audio/visual demonstration of PetroLuxus™, click on the link www.planetresource.net/index-21.html
For more information visit: www.planetresource.net or www.petroluxus.com
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital.
For more information, please click here
Planet Resource Recovery, Inc., Houston
Enrique Salinas, 281-996-5315
Harrison, Elliott & Brown, LLC
Henry Harrison, 407-682-2001
The Catalyst Group, Inc.
Lauren Falato, 727-796-2555
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