GBRC Patent Pending Technology Converts Unusable Automobile Parts Into Oil and Gas
07 Mars 2007 - 6:06PM
PR Newswire (US)
WEST BERLIN, N.J., March 7 /PRNewswire-FirstCall/ -- Global
Resource Corp. (OTC:GBRC) (BULLETIN BOARD: GBRC) announced today
that its microwave technology has converted samples of automobile
fluff (ASR) into gases and/or diesel fuel and heating oil.
Automobile fluff consists of materials that are comprised of
non-metallic components equaling approximately ten percent of the
total weight of an automobile. Currently, these materials are going
to landfills across the United States and Europe and costing about
$40 to $60 a ton to dispose of. With 16 million cars disposed of
each year in the United States and no home for these materials
other than landfills, we are burying millions of barrels of oil per
year. GBRC can convert this waste material into reusable by-
products! When the fluff is exposed to GBRC's patent-pending
microwave frequencies, it is converted by 43% by-weight into gases
and/or diesel fuel and heating oil, making fuel from previously
unusable materials. GBRC CEO Frank Pringle said, "We are really
excited that our technology works to recycle automobiles. Our
technology can really cut down on the waste that disposing of cars
currently requires. GBRC endeavors to clean the environment and
this will be a huge step to attain that end." About Global Resource
Corporation: Global Resource Corp. has a patent pending process
that allows for removal of oil and alternative petroleum products
at very low cost from various resources, including shale deposits,
tar sands and waste oil streams with significantly greater yields
and lower costs than are available utilizing existing known
technologies. The process uses specific frequencies of microwave
radiation to extract oils and alternative petroleum products from
secondary raw materials, and is expected to dramatically reduce the
cost for oil and gas recovery from a variety of unconventional
hydrocarbon resources. GBRC's technology will not only be developed
to extract oil from shale, but from depleted oil fields in the US
and elsewhere, many of which still contain more than half of the
hydrocarbons originally in these fields, because the residual
hydrocarbons are too viscous to extract with conventional
technology. Contact: Global Resource Corp. Phone: (856) 767-5661
Fax: (856) 767-5664 This news release contains forward-looking
statements regarding Global Resource Corp's business strategies and
future plans of operations. Forward- looking statements involve
known and unknown risks and uncertainties. The forward-looking
statements contained in this news release speak only as of the date
hereof and Global Resource disclaims any obligation to provide
public updates, revisions or amendments to any forward-looking
statements made herein to reflect changes in Global Resource's
expectations or future events. DATASOURCE: Global Resource Corp.
CONTACT: Global Resource Corp., +1-856-767-5661, or fax,
+1-856-767-5664, or Web site: http://www.globalresourcecorp.com/
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