Green EnviroTech Holdings
Strategic Partners

Green EnviroTech will receive raw material from its suppliers in three forms – shredder residue, discarded AG plastics and scrap tires. The Company’s main source for shredder residue is from metal recycling companies; its main source for scrap tires is from Tire recycling and reselling of used tire companies and receives AG plastics mainly from farmers and third party recyclers. GET will co-locate its processing centers in close proximity to its suppliers and their landfill disposal routes. With proper placement, GET will take delivery of feedstock at virtually zero cost and suppliers will reduce their waste expense by eliminating trucking.

Miller Compressing Company (“Miller”) operates as a scrap metals processor engaged in purchasing and processing ferrous and non-ferrous metals.  The company purchases both ferrous and non-ferrous metals from more than 600 businesses in Southern Wisconsin and Northern Illinois.  Miller accepts crushed cars from junk yards and automotive recovery plants and shreds these cars into softball-sized metal hunks for metal recycling.  Miller Compressing has committed to supply GET with at least 25,000 tons of plastics in addition to 5,000 to 10,000 tons per year of rubber and other convertible synthetic concentrate annually for the Sheboygan facility.

Green EnviroTech’s Riverbank facility will be supplied AG plastics are produced throughout California as well as neighboring states. GET is also working with local landfills to assist diverting the film and other plastics to GET’s plants. To date the Company has sourced over 30,000,000 pounds of used agricultural plastics.

Borgata Recycling is a dynamic company that’s core business is to collect, sort, reuse, shred and buff waste tires as they come in. Borgata Recycling will provide their competition with a partnering opportunity to reduce their own operating costs while increasing their bottom line. Borgata looks at their competitors as partners with future growth opportunities together. As a supply leader in the Tire Derived Aggregate (TDA) market and Buffing market, Borgata Recycling will define the future and improve awareness to the opportunities to substitute natural resources with locally supplied chipped waste tires. 

In addition, Borgata Recycling is collecting and selling AG plastics from farmers in the northern California counties. Borgata Recycling and GET are in working to develop a cooperative and supply agreement.  This agreement should be completed by the end of the summer of 2011.

These other companies have expressed interest in supplier agreements:
Driscoll Strawberry Associates
Waste Management

SiCon GmbH is a leading European supplier of turnkey shredder residue processing plants.  The company is engaged in development and implementation of process solutions for industrial and municipal customers regarding the recycling of production waste.  In its partnership with Volkswagen, SiCon GmbH developed two state-of-the-art mechanical treatments for shredder residue: the VW-SiCon® separation process of mixed plastic resin by plastic resin type and the PolyFloat® Technology, a systematic mechanical processing of shredder residue. The company has three VW-SiCon systems operating in Europe with a total capacity of 200,000 tons per year.  The technology recovers 70% of shredder residue which leads to significant reduction of raw material purchases for plastic resin production, capital expenditures and operating costs $0.04 per lb. of shredder processed, landfill costs, and increased processing capacity.

Partnership Agreement
Green EnviroTech has established a cooperative agreement with SiCon.  GET will have exclusive rights to SiCon’s separation and classification technologies in the United States automotive shredder industry for five years.  SiCon’s technology will be used in stage 1 and 3 of GET’s PlastExtract system. 

 

Thar Process, Inc. (“Thar Process” or “Thar”) is a global leader in supercritical fluid technology and equipment, providing solutions for natural product extraction and separations, through efficient design, custom fabrication, process development, and contract manufacturing services.  Thar’s products are used in various industrial applications, including spices, food, flavors, pharmaceuticals, nutraceuticals, electronics, solvent removal, coatings, impregnation, and vegetable oil refining.  The Thar Process technology features Supercritical Fluid Extraction (“SFE”), which offers Green EnviroTech the breakthrough of clean no-waste plastic extraction from shredder residue. The company has the only available technology that removes PCB content to an average of 8 times below the required environmental standards safety level and enables the reuse of 99% of CO2 and 90% of co-solvent in the resin cleaning process.

Partnership Agreement
GET’s agreement integrates Thar’s patented CO2 cleansing system which removes contaminants from recovered materials.  This technology is used during Stage 2 of the PlastExtract process.  This partnership provides GET exclusive licensing rights to use technology for the life of the patent.

 

Agilyx Corporation (“Agilyx”), formerly known as Plas2Fuel Corporation is an alternative energy company.  It uses a patented technology to convert waste plastic into crude oil.  Agilyx has the only known refinery off take agreement in their industry and ships crude oil from its main facility in Portland, Oregon to refiners and specialty petrochemical processors in the Pacific Northwest.  The company sells, licenses, or otherwise provides its technology to large producers and/or recyclers of waste plastic (post-industrial market segment), material recovery facilities and transfer stations (post-consumer market segment) throughout the world.

Output Partnership Agreement
Green EnviroTech has established a five year partnership agreement with Agilyx Corporation. GET will use Agilyx’s technology at both the Riverbank and Sheboygan locations. Agilyx’s technology will be used in stage four of GET’s PlastExtract system.

 

Ravago Manufacturing Americas, LLC (“Ravago” or “RMA”) formerly known as Comtec Polymers, LLC, is one of America’s leading engineering custom resin compounders and a recycler of both engineering polymers and basic commodity plastics.  Ravago uses various production processes such as twin screw co-rotating extruder, flow control and measurement and banbury continuous mixers.  Ravago has a broad product portfolio, unique manufacturing capabilities, established logistics and distribution network to automotive and durable goods manufacturers in over 80 countries.  RMA has facilities strategically located to serve both the producer and end user, with activities in the Midwest, Southeast, and Gulf Coast regions.