Garb Oil & Power Corporation and EWaste Part 2: (OTCQB: GARB)
Garb (www.garbop.com), EWaste a $100 billion industry
11 Apr, 2011, 09:01 ET
SALT LAKE CITY, April 11, 2011 /PRNewswire/ -- Garb Oil & Power Corporation ("Garb") (OTCQB: GARB), Electronic waste or EWaste or E-Scrap as it is commonly known, contains some of the most hazardous materials that flow into a landfill. Most EWaste, as currently defined in the States, only looks at IT equipment and/or affiliated products. This narrow classification only eliminates a small part of the hazardous material contained in EWaste. Garb's EWaste plants have the capacity to deal with up to 4 streams at once, making it easier for the waste management industry to reduce the landfill intake of hazardous material. For a list of the 10 EWaste streams, please see our announcement on April 8, 2011.
Currently no plant in the world has the capacity to deal with all 10 EWaste streams, however Garb's plants can deal with multiple streams at any one time. Now we are researching the possibility of dealing with more than 5 streams at once, offering a 95% efficiency. Most plants in the United States deal with 1 or 2 streams at once.
Garb Oil & Power Corporation is a company dedicated to the application of ClosedCycle(TM) principle and NoWaste(TM) residue. Our plants for Rubber Recycling, EWaste 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
Email: [email protected]
Garb Oil & Power Corporation
SOURCE Garb Oil & Power Corporation
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