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MagneGas2® Chosen by One of Nation's Largest Recycling and Waste Disposal Companies
MagneGas2® will be Provided to Six Locations in One State; Expansion to Eight Additional Regional States Expected
September 12, 2016 8:00 AM EDT
TAMPA, Florida, September 12, 2016 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (MNGA) a leading technology company that counts among its inventions a patented process that converts renewable and waste liquids into MagneGas2® fuel, announced today that its innovative industrial gas MagneGas2® will be used by one of the nation's largest recycling and waste disposal companies.
The waste company indicated it will use MagneGas2® for maintenance and repair of the company's fleet of trucks, its dumpsters and related machinery. The fuel will initially be used in six locations in one state, but the company has indicated plans to expand into eight more neighboring states in the region in the coming months.
Ermanno Santilli, CEO of MagneGas Corporation stated: "This company is well known, even to people who are not in the waste disposal and recycling business. Our existing distributor in the region will be providing the fuel through our ongoing support and training. We envision it growing to many more sites nationally and across the waste disposal and recycling sector. Our hope is to become the industry standard."
About MagneGas Corporation
MagneGas® Corporation (MNGA) owns a patented process that converts various renewables and liquid wastes into MagneGas fuels. These fuels can be used as an alternative to natural gas or for metal cutting. The Company's testing has shown that its metal cutting fuel "MagneGas2®" is faster, cleaner and more productive than other alternatives on the market. It is also cost effective and safe to use with little changeover costs. The Company currently sells MagneGas2® into the metal working market as a replacement to acetylene.
The Company also sells equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for MagneGas® fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. For more information on MagneGas®, please visit the Company's website at https://www.MagneGas.com.
The Company distributes MagneGas2® through Independent Distributors in the U.S and through its wholly owned distributor, ESSI (Equipment Sales and Services, Inc). ESSI has four locations in Florida and distributes MagneGas2®, industrial gases and welding supplies. For more information on ESSI, please visit the company's website at https://www.weldingsupplytampa.com