Planet Resource Recovery, Inc. Receives Notice of Acceptance as an Approved Vendor for BP
Planet Resource Recovery Now Positioned to Provide PetroLuxus and Inspar Robotic Technologies Products for Deployment
HOUSTON, Sept. 2 /PRNewswire/ -- Planet Resource Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that after a lengthy and stringent review process, the company has received documentation that Planet Resource has been approved as an official vendor of BP. The company is looking to use PetroLuxus and Inspar robotic technologies products with BP. The Company has been issued a vendor number and is now an official BP resource.
Kurt Neubauer, Planet Resource Recovery CEO, said, "This is a big step for our company and something the company has been working on for months. With our vendor number from BP, the company is now in a position to provide our products to BP. Our PetroLuxus products work on all types of hydrocarbons and our Inspar robotic technologies can be used in various applications in the oil industry. We look forward to providing our products to BP as an official vendor. This is another way for us to show how our products are environmentally friendly with our new technologies."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is "Spearheading the Charge for the Maximum Economic Recovery of our Planet's Resources through New-Age Technology and Products." The company develops, manufactures, and markets products, processes and technologies based on scientific research and understanding of silicon and siloxane sciences to enhance the recovery of the planet's resources including metals, minerals and hydrocarbons and to provide enhanced coatings resistant to metal corrosion. Our goal is to create new methodologies to optimize Oil & Gas production, maximize the harvesting of base and precious metals, the remediation of toxic heavy metal environmental contamination and the reduction or elimination of corrosion of metal through the use of proprietary with breakthrough technologies utilizing advanced science and chemistry to increase efficiencies, reduce costs, protect the environment and resources.
Our vision is to develop new chemical compounds and related processes to maximize efficiencies in the Oil & Gas Industry, Mining Industry, Environmental Cleanup Industry and Corrosion Industry through environmentally-friendly, cost-effective and profitable platforms that are considered "disruptive technology" and will usher in new paradigm shifts in industry.
Presently, the company is primarily focused on four distinct markets: 1) Oil & Gas Industry, 2) Remediation of industry toxic metals & byproducts, 3) Mining of base and precious metals and 4) Metal Corrosion Industry. The company has developed the proprietary compounds and is currently developing their related processes that will result in new technologies and methodologies for industry. For more information visit: www.planetresource.net.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December. 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2010. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE Planet Resource Recovery, Inc.
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