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Recfuel Holdings, Inc. Expects To Acquire Plant For Initial Recycling Plant

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News by EmailWire.Com -- a press release distribution service.
News by EmailWire.Com -- a press release distribution service.
2007-11-09 19:25:03 -

( EMAILWIRE.COM, November 09, 2007 ) November 9, 2007 -- Basel, Switzerland - November 9, 2007 - Recfuel Holdings, Inc. (Frankfurt: 3R4) announced that the Company is in the final stage of negotiations to purchase approx. 50 hectares of land in the South-eastern Europe, where they expect to construct their initial recycling facility.

The Company further announced
that it will be purchasing its first Fuel Technology Machine. This machine converts various plastic wastes into a high grade diesel fuel. The method consists of liquefaction, pyrolysis and the catalytic breakdown of plastics. This technique processes the majority of plastics that are being sent to landfill, or which have a low recycle value.

The catalytic conversion of waste plastic into high grade diesel fuel is a superior method of reusing the resources. The recycled diesel can be used in any standard diesel engine, trucks, buses, heavy equipment and generators. Management believes that the distillate product is excellent fuel and makes this system one of the best, most economically feasible and environmentally sensitive recycling systems in the world today.

The Fuel Technology is a sustainable waste solution, producing synthetic fuel which is more environmentally friendly than the conventional distillate.

About Recfuel Holdings, Inc.

Recfuel Holdings, Inc. employs innovative solutions and cutting edge environmental technologies to increase the value of the idle resources. The mounting of environmentally damaging waste; enormous dissipation of resources; and the raise of prices of crude oil and declining reserves; are the cornerstones of resourcefulness and technology utilized by Recfuel Holdings, Inc.

The Company implements the process of generating the high-quality diesel fuel by recycling synthetics and is similar to the natural catalysers that produce the crude oil. The benefits include tremendous ecological advantages and a problem solution procedures of waste material management, and a high-yield, high-quality, low-cost product; with wide-range use and reuse of resources.

Recfuel is constantly examining new opportunities with a number of establishments who currently dispose of large volumes of plastics suitable for the Fuel Technology process. Recfuel Holdings is investing in technology, research and conveying the processors to clients. The Company's biggest potential of customers is in the public city-sections, communities and town councils. Recfuel also focuses on major customers whose branches are synthetics, energy and recycling.

Forward Looking Statements

This press release may contain certain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as 'expects-, 'anticipates-, 'plans-, 'believes-, 'scheduled-, 'estimates-, and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earning, segment performance, cash flows, contract awards, and stability. Forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors beyond the control of management. All forward-looking statements speak only as of the date of this release, or, in the case of any documents incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company's behalf are qualified by the cautionary statements in this section. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this report.

Contact:

Recfuel Holdings, Inc.
Investor Relations Inquiries
info@recfuel.net