$GCEI #2/ Technology Overview http://www.otcmarke
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Pyrolysis systems are based on 30 ton module designed to convert approximately 9,900 tons of end of life
tires or waste plastics annually, specifically targeting polyethylene and polypropylene, to produce in
excess of 3.1million gallons of liquid fuel including diesel. Plastic waste and
End of life tires are
continuously treated in a cylindrical chamber and the pyrolytic gases condensed in a specially-designed
condenser system to yield predominantly straight chain aliphatic hydrocarbons with little formation of byproducts.
These hydrocarbons are then selectively condensed and cleaved further to produce the average
carbon chain length required for distillate fuel. The plastic and tires are pyrolized at 370 ºC-420 ºC and
the pyrolysis gases are condensed in a 2-stage condenser to produce a low-sulfur distillate. (Pyrolysis is a
process of thermal degradation in the absence of oxygen.)
The system consists of stock in-feed system,
pyrolysis chambers, contactors, distillation, centrifuge, oil recovery line, off-gas cleaning, and residual
contamination removal.
Plasma arc smelting technology will be used for the PGM business. GCE has agreements with the world’s
leader in plasma smelting technology. The Plasma Arc Furnace has been smelting PGM for 30 years
while the proprietary plasma technology has been operating in over 80 plants worldwide since 1964.
The
Plasma Arc Furnace which will be acquired by GCE is the most efficient smelter in the world with
recovery rates of over 99%.. The modular design allows for quick and efficient expansion by adding
another module to the existing infrastructure as our business expands past the first plant volume.
Global Clean Energy, Inc. is well positioned to take advantage of the tremendous opportunities in the
alternative energy industry due to its technology, project development approach and financial engineering
expertise. The Company is structured to be a low-cost supplier in its selected market niches and will be
positioned to survive periods of market weakness and to thrive during market expansions.
FIRST QUARTER UPDATE:
As outlined in the company’s annual report, progress is developing on the ongoing projects. A detailed
update will be issued in the form of a news release within the next ten days of the filing of this quarterly
report.
Government Regulations, Environment and Permits
Our technologies are subject to compliance with United States federal, state and local environmental,
health and safety laws and regulations.
These regulations govern operations and use, storage, handling,
discharge and disposal of a variety of substances.
For instance, under CERCLA, we could be held jointly
and severally responsible for the removal and remediation of any hazardous substance contamination at
our facilities, at neighboring properties (where migration from our facilities occurred) and at third party
waste disposal sites.
We could also be held liable for any consequences arising out of human exposure to
these substances or other environmental damage.
We may incur substantial costs to comply with these
environmental, health and safety law requirements.
We may also incur substantial costs for liabilities
arising from past releases of, or exposure to, hazardous substances. In addition, we may discover
currently unknown environmental problems or conditions.
The discovery of currently unknown
environmental problems or conditions, changes in environmental, health
and safety laws and regulations
or other unanticipated events could give rise to claims that may involve material expenditures or liabilities
for us.