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GETH 0.38 Up 0.01 (2.68%)

About GETH

Green EnviroTech Holdings, Corp. (GETH) was founded in 2008 by Gary De Laurentiis, an industry veteran and award winning plastic recycling process designer. The proprietary patent pending conversion process uses established pyrolysis technology with additional technologies added. After four years and $5.5 million dollars of research and development, the “GETH Process” has been independently reviewed and validated. The GETH Oil has been fully tested and approved for purchase by a major oil company.

Green EnviroTech is part of this new field of innovators, and by challenging our preconceptions of waste and energy sources, we see a future where access to energy is universal. This is a global problem and opportunity.

The GETH Process to convert mixed plastic and tires to oil uses electromagnetic pyrolysis to produce GETH Oil, carbon black, syngas, and steel. The use of electromagnetic pyrolysis facilitates faster processing while causing no environmental impact. A standard twelve-module plant, utilizing six systems for plastic and six systems for tire conversion produces approximately 25,000 barrels of oil per month. The GETH oil does not need to be processed a second time and can be blended into most products produced at a refinery.

HIGHLIGHTS:

  • A twelve-module plant will produce approximately 25,000 barrels of GETH Oil per month
  • GETH produces oil that does not need to be reprocessed and can be blended into most products produced at a refinery
  • GETH process has been reviewed and validated by an independent engineering firm
  • Tire & plastic feedstock providers have been identified for the first 10 selected regional plant sites; to be secured with refined multi plant sites. Initial California sources and plant site are secured.
  • GETH Process is a closed system with no environmental impact
  • Highly experienced management team in engineering, permitting, manufacturing and feedstock supply
  • Creating over 200 direct and indirect jobs locally

OIL PRICING

According to the OPEC oil demand analysis for 2012, the world used 84 million barrels of oil per day. A consensus from those that track pricing and historical trending both oil demand and pricing will continue to increase in the aggregate over the next decade.