remember the crew pushed the A company down every
Post# of 43064
for years .. but in particular when GA spent monies .. this was from 2012
not sure if it's GenAgain per se .. of if it's another company but bottom
line is we know there is a history re: this sector .. which is very nice to see
Wednesday, 10/24/12 10:25:50 AM
Re: guzaling post# 201188
Post # 201190 of 299237 Go
Energy startup GenAgain to open $15M plant using Agilyx technology
http://www.sustainablebusinessoregon.com/nati...n-15m.html
GenAgain Technologies, which converts plastic trash into liquid gold, has relocated its headquarters from Tuscaloosa, Ala. To Lithia Springs, Ga.
GenAgain plans to invest up to $75 million in Atlanta and create as many as 200 jobs as it builds several area plants to convert plastic waste into synthetic crude oil.
Initially, GenAgain will open a 15 million, 63,000 square foot production plant at 2285 Sweetwater Industrial, where it will employ about 40. That plant will open in December.
The technology that GenAgain will use is developed by Agilyx Corp., the Tigard-based renewable energy company. Agilyx is backed by leading venture firm Kleiner Perkins Caufield & Byers, Waste Management Inc. and and Total Energy Ventures International.
Agilyx’s technology involves heating plastic waste, such as Styrofoam cups and plastic shopping bags, into a gas. The gas is transferred to a condensing unit, cooled and condensed into crude oil. It takes about 10 pounds of plastic to squeeze out a gallon of oil. The entire process takes about four and a half hours.
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4kids