Green EnviroTech (WCRM.OB) Partners with Agilyx to Produce and Resell “Green” Synthetic Sweet Crude Oil
Green EnviroTech Holdings Corporation announced after the closing bell yesterday that its wholly-owned subsidiary, Green EnviroTech Corporporation (“GETC”) has signed a contract with Agilyx (formerly Plas2Fuel) for exclusive resale rights to the synthetic crude oil produced by Agilyx from difficult-to-recycle plastics provided by GETC. GETC is an industry leader in plastics recovery, separation, cleaning and recycling. Agilyx is a privately-held alternative energy company which uses its patent-pending technologies to convert difficult-to-recycle waste plastics into synthetic crude oil and other valuable petroleum-based products. Plastic waste is ramping up in volume in both the United States and Europe dramatically. 20% of landfill…