Contact Information: Company Contact: Enrique M. Salinas III Planet Resource Recovery, Inc. 281-996-5315 Media Contact: Rod Mitchell 281-350-5506
Planet Resource Recovery, Inc. Ships PetroLuxus(TM) Products to Latin American Distributor for Pilot Testing in Mexico for Wide Range of Applications
| Source: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - March 26, 2009) - Planet Resource Recovery, Inc. (PLANET)
(PINKSHEETS : PRRY ), developer, manufacturer and marketer of the
PetroLuxus™ family of green technology products, is pleased to announce
that the company has shipped PetroLuxus™ products to its Latin American
distributor, Industrial Energetica, to commence pilot testing for numerous
applications in Mexico. The shipment is currently in the processing stage
at Mexican Customs for continued transit to its final destination.
Upon arrival at the varying locations, pilot testing will commence on an
immediate basis. The pilot testing will be conducted as a joint effort
between Industrial Energetica personnel and numerous general contractors
and sub-contractors that provides services to various governmental entities
along with private entities in Mexico. Planet Resource will provide
technical assistance on the PetroLuxus™ products and applications.
Industrial Energetica has identified a host of applications to pilot test.
These applications include: Enhanced Oil Recovery treatments, Heavy Oil
treatments, Slop pit remediation and recovery, Oil Spill soil washing and
Waste Oil refining.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer
of the PetroLuxus™ family of green technology products, a proprietary
environmentally friendly chemical compound that dislodges oil in
practically all natural and man-made environments. The PetroLuxus™
family of products are effective and efficient solutions 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. 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
http://www.planetresource.net/index-21.html
For more information visit: http://www.planetresource.net or
http://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.