HOUSTON--(BUSINESS WIRE)--Hunt Global Resources Inc., a wholly owned subsidiary of Tombstone Technologies Inc., (OTCBB: TMCI) announced today that its BioSolutions Division has launched an exclusive research and product development project with Carbon Green Inc, a world leader in innovation in complete recycling of used tires by conversion to recovered steel, oil and a commercially accepted substitute for carbon black in tire manufacturing.
“Even with the recent US Government reinstatement of the $1.00 per gallon tax incentive for producing B100 Biodiesel, traditional Biodiesel manufacturers will continue to encounter challenges with fluctuating feedstock prices, availability and competition for food sources to profitably produce B-100. Hunt Global Resources and our BioSolutions Division have chosen to continue the strategy of focusing our technologies and resources on the non-food based LoNOX Industrial Biofuel business,” said George T. Sharp, Hunt’s CEO.
“In recent months we have tested our LoNOX Industrial Biofuel formulation with a number of organic, cellulosic and blended petroleum feed stocks (which includes Carbon Green tire derived oil) to achieve an ideal BTU and emissions result,” said Gregg Enders CEO of Hunt BioSolutions Inc. “Hunt LoNox, is a cleaner burning, similar BTU renewable fuel than traditional fuel oils in use now,” continued Mr. Enders. “Our goal has been to create a hot, clean burning bio/renewable industrial fuel that would provide a significant reduction in Nitrogen Oxide (NOx), Sulphur Oxide (SOx) and Carbon Dioxide (CO2) emissions at a price equal or lower than current non-compliant petroleum based products.”
John Novak, CEO of Carbon Green added, “The benefit is that by utilizing the oil from the Carbon Green tire process this completes the total tire recycling while positively impacting Hunt’s feedstock supply requirements and reducing costs to create the new Hunt/Carbon Green Biofuel.” Without our proprietary solutions many industries will struggle to fulfill feed-stock requirements and meet government compliance mandates for the usage of cleaner environmentally improved fuels, specifically biofuels."
When the joint R&D is completed, this newly developed blended product will meet or exceed new US Environmental Protection Agency (EPA) mandates for industrial and marine diesel emissions. Marketing will target industrial consumers of boiler fuel, heating oil, marine fuel and other stationary diesel and off-road users.
About Hunt Global Resources, Inc.
Hunt Global Resources is a wholly owned subsidiary of Tombstone Technologies, Inc. (OTCBB: TMCI). Hunt is a natural resource company focusing on specialty sands as well as the production of cleaner burning industrial oil technologies and renewable energy. The Company’s current holdings include the mining rights to 350 acres containing high-grade sand and gravel deposits. The site contains approximately 41 million tons of sand, with over 50% earmarked for frac sand. Additionally, the Company’s holdings include a state-of-the-art 40 million gallon industrial biofuels manufacturing plant located near the Houston ship channel, uniquely positioned with proprietary technology for providing biofuel for the industrial boiler, maritime, heating oil and power generation sectors. The Company plans to utilize the plant’s excess resources and capacity to support a frac sand resin coating operation.
For more information please visit: www.huntglobalresources.com.
About Carbon Green, Inc.
Carbon Green Inc. is a world leading tire recycling company able to profitably recycle 100% of used tires back into valuable end products which are able to be employed in tire manufacturing and biofuels. This revolutionary technology will change how governments and industry handle the disposal of the over ten billion tires stockpiled around the world. From its commercial-scale plant in Cyprus, Carbon Green is converting the by‐products of tire pyrolysis into recovered steel, a #2 diesel equivalent oil which can also be employed to generate green electricity, a nano‐particle compound known as Carbon Green™ (which is a European Union accredited and tire industry‐tested and accepted competitive substitute for commercial carbon black) and a clean‐burning gas that can be used to provide power to the Company’s processing plant and/or sold for carbon credits, leaving no waste and a positive environmental contribution. For more information please visit our website at http://www.carbongreeninc.com.
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