SALT LAKE CITY, April 7, 2011 /PRNewswire/ -- Garb Oil & Power Corporation ("Garb") (OTCQB: GARB) Copper is currently trading at $7,330 and rising. A Garb E-Waste plant will produce on average 6% of its output in copper. In a 20,000 tonne plant, that is the equivalent of $8,796,000 just in copper sales.
The USA items that have a substantial amount of copper are not classified as E-Waste, as they are under the European Union WEEE Directive. Most small household items fit into this category. Instead they are mostly disposed of in a landfill. The waste management industry does not properly classify these items as E-Waste and therefore misses the opportunity to separate and utilize their commodity components. Garb can help in this by focusing attention to what is a real potential fortune being thrown away.
Garb Oil & Power Corporation is a company dedicated to the application of ClosedCycle(TM) principle and NoWaste(TM) residue. Our plants for Rubber Recycling, E-Waste and E-Scrap Recycling, Waste to Energy and OTR processing plants are all developed with these principles in mind. Garb believes that processing waste should be economically viable and leave NoWaste(TM). It is our endeavor to build plants that continue to push the boundaries for the attainment of the ClosedCycle(TM) principles and a world with NoWaste(TM).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur. Garb-Oil & Power Corporation is not required to update its forward-looking statements.
CONTACT for Garb Oil & Power Corporation:
John Rossi at Ph.: 1-801-738-1355
Garb Oil & Power Corporation
President & CEO
SOURCE Garb Oil & Power Corporation