Planet Resource Recovery, Inc. Successfully Removes Barium Contaminants in Water from Oil Industry Waste Stream
15 February 2008 - 1:39AM
Business Wire
Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer,
manufacturer and marketer of the PetroLuxus� family of products, is
pleased to announce that the company�s R&D department has
successfully treated and reduced barium contaminants from water to
acceptable environmental levels. This successful treatment of
contaminated water opens a new door for the company�s products in
the multi-billion dollar water remediation and reclamation
industry. Planet Resource Recovery, Inc. has been dedicated to the
treatment of hydrocarbons and oil for recovery in applications
including: oil well treatment and stimulation, environmental
remediation, waste oil treatment, tank bottom cleaning, emulsion
breaking and general applications requiring cost-effective,
environmentally friendly methods of breaking hydrocarbon bonds from
other materials for enhancement and recovery. Recognizing the
growing demand from the oil & gas industry for the treatment of
waste water streams associated in oil production due to increasing
environmental standards, Planet Resource devoted its R&D
resources to develop a water treatment product that targets the
isolation and separation of oil, heavy metals and other undesirable
adulterates from water. Utilizing the same concepts in the
development of PetroLuxus� that separate water, heavy metals and
other solids from oil by initiation of an ionic exchange mechanism
on a nano scale to penetrate even the smallest particle, this new
water base product is designed to remove entrained oil, suspended
metals and other adulterates from water. Planet Resource began the
development of a water treatment product at the request of an
international oil company burdened with the handling and treatment
of barium ladened water during its oil production. This prospective
client is faced with having to treat in excess of 60,000 barrels
per day of barium contaminated waste water. Multiple independent
tests have confirmed that the new product dramatically reduces the
barium level in water from over 46 ppm to less than 5 ppm.
Treatment with this new product is simple, requires no heat, can be
applied in current processes resulting in flocculated barium for
simple separation. Current chemical treatment processes are limited
and can only effectively reduce the barium level by fifty percent.
The company�s R&D resources will continue to study, test and
development other cost-effective, environmentally-friendly products
for the treatment contaminants in water waste streams. Current
testing includes the treatment for heavy metals such as chromium,
titanium, sodium, chlorides, arsenic, mercury and other harmful and
toxic adulterates. About Planet Resource Recovery, Inc. Planet
Resource Recovery, Inc. is a holding company spearheaded by its
Petrochemical manufacturing unit that has developed PetroLuxus�, a
proprietary environmentally friendly chemical compound that
dislodges oil in practically all natural and man-made environments.
The PetroLuxus� family of products is an effective and efficient
solution for the remediation and recovery of petroleum-based
products. PetroLuxus� applications include Enhanced Oil Recovery,
Oil Sands, oil spills, oil tank farm cleaning, marine ship
cleaning, remediation of oil sludge pits, treatment of raw fuel
feedstocks, waste oil segregation and biodiesel, to name a few.
Through the acquisition and formation of wholly owned subsidiaries,
Planet Resource Recovery, Inc. deploys the PetroLuxus� products.
RADA Technologies, Inc. engineers new mechanical processing
equipment proprietary to PetroLuxus� products while simultaneously
providing fuel inventory management services reducing loss to
increase gain for its customers. Oil Recovery Ventures, Inc.
deploys PetroLuxus� through joint ventures in the Enhanced Oil
Recovery market. For an audio/visual demonstration of PetroLuxus�,
click on the link http://www.planetresource.net/index-21.html For
more information visit: http://www.planetresource.net or
http://www.petroluxus.com Safe Harbor Statement Certain statements
in this release are "forward-looking" statements as defined in the
Private Securities Litigation Reform Act of 1995. Such statements
are subject to numerous risks and uncertainties. Actual results may
vary significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially
differ from forward-looking statements include, but are not limited
to, the Company's ability to meet the terms and conditions required
to obtain its project financing, risks and delays associated with
product development, risk of market acceptance of new products,
risk of technology or product obsolescence, competitive risks,
reliance on development partners and the need for additional
capital.
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