شرايكم بالخبر ... يستاهل؟؟؟
NEW YORK--(BUSINESS WIRE)--July 17, 2006--GS CleanTech Corporation (OTC Bulletin Board: VRDM - News) today announced its execution of an agreement with an Arkansas-based poultry processing facility to extract more than one million pounds per year of poultry fat annually from the facility's waste streams for conversion into a biodiesel feedstock using GS CleanTech's proprietary animal fat recycling and conversion technologies.
ADVERTISEMENT
GS CleanTech's pricing model for its animal fat recycling and conversion technologies is based on GS CleanTech's provision of turn-key systems for no up-front cost in return for long-term agreements to purchase the converted animal fat based on a fixed discount to prevailing fuel prices.
Under the terms of the agreement, GS CleanTech expects to generate an estimated $1.2 million to $1.8 million in annualized revenues by purchasing and selling the Arkansas facility's converted poultry fat as a biodiesel feedstock.