SOURCE: Global Clean Energy, Inc.
HOUSTON, TX--(Marketwire - Dec 11, 2012) - Global Clean Energy, Inc. (PINKSHEETS: GCEI) and MicroEnergies, LLC have formed a Joint Venture to develop pyrolysis projects utilizing state of the art proven technologies and feedstock agreements acquired by MicroEnergies, LLC. Additionally, MicroEnergies, LLC will oversee current and future projects in the Project Development division of GCEI.
The objective of the Joint Venture is to develop profitable waste to energy projects utilizing pyrolysis gasification to deconstruct waste tires and waste plastics into high value carbon and fuel in an environmentally safe process. With this alliance in place, GCEI continues to position itself as a leader in the waste to energy sector. MicroEnergies, LLC has a current portfolio of energy projects under development.
"This joint venture with GCEI permits MicroEnergies, LLC to start pyrolysis operations in 2013," said Steven Mann, president of MicroEnergies, LLC.
"We are excited to be teaming up with MicroEnergies, LLC, which will enable GCEI to capitalize on its pipeline of projects and those of MicroEnergies LLC," stated Brian Levine, COO of GCEI.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.).
MicroEnergies, LLC is an alternative energy development company specializing in proven state-of-the-art gasification and plasma technologies to create waste to energy developments that safely and efficiently eliminate hazardous waste into usable, high value products in an environmentally friendly manner.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain section of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting GCEI and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. GCEI will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.