Major Project to Produce Gas, Oil, Steel and Carbon Black from Shredded Tires in the Company's Emission-Free Process
WEST BERLIN, N.J., Nov. 8 - Global Resource Corp. (Pink Sheets: GBRC.PK), a
developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced
today that it has received a purchase order from ECO Energy to draft site specifications for a tire recycling
plant, based in Mobile, AZ, that will use the company's revolutionary microwave machinery to recover fuel and
other products from the tires.
Placentia, Ca.-based ECO Energy said the plant will convert 300 tons of tires per day into gas, oil, steel and
carbon black. The company reported that the tires are being supplied under agreements from the States of
California, Arizona and New Mexico. Furthermore, it already has agreements to purchase the fuel and other
products, which are reusable, of commercial value and in demand by industry. ECO Energy is a joint venture of
Placentia, CA- based Huntington Renewable Energy and Maricopa, AZ-based Envirotech Industries
Global Chairman Frank Pringle explained that the order is the initial phase of this project, which will be the
company's largest project so far, incorporating two, or possibly three, of the company's Hawk-10 machines,
which sell for about $5 million each.
"By recycling tires to produce marketable energy and other by-products, this plant will show the world that
Global Resource's technology is both cost- effective and environmentally friendly. Not only will the plant rid
these states of toxic old tires in an emissions-free process, but it will generate the fuel to run the plant and
produce a profit as well from the sale of the fuel and other byproducts," said Pringle.
"Our technology," added Pringle, "has the capability of eventually making the United States energy
Time Magazine this week named the company's microwave technology as one of the "Best Inventions of the
Year." In its annual round up of "Best Inventions of the Year," Time selected 46 inventions in 12 categories,
from Cars & Buses to Health. Global Resource's microwave technology is listed in the environment category.
Pringle also noted that in a report made in June that was released July 17, the U.S. Department of Energy
profiled Global Resource and its microwave technology for oil shale recovery as a resource for making the U.S.
energy independent. Being selected as one of only twenty-seven companies, some of them in the Fortune 100,
further validates Global Resource's capabilities for energy recovery.
About Global Resource Corp.
Global Resource Corp., (OTC: GBRC.PK), is a developer of a patent-pending microwave technology and
machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous
coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms.
Its process produces significantly greater yields and lower costs than are available using existing technologies.
Because the process takes place in an enclosed environment it is emission-free and an efficient and costeffective
tool for cleaning environmental wastes and toxic materials. For more information see:
PR/Media Relations Contact:
Stern & Co.
SOURCE Global Resource Corp.