Hunt Global launches research project with Carbon Green Inc.
In Texas, Hunt Global announced that its BioSolutions Division has launched an exclusive research and product development project with Carbon Green Inc, a company that involved with complete recycling of used tires by conversion to recovered steel, oil and a commercially accepted substitute for carbon black in tire manufacturing. Global stated that despite the reinstatement of the $1.00/gallon biodiesel credit, they anticipate that biodiesel producers will continue to encounter challenges with fluctuating feedstock prices.
Global will continue to their strategy of focusing on non food based LoNOX industrial biofuels business. Globate stated that they have tested their LoNOX formulation with a “… number of organic, cellulosic and blended petroleum feed stocks (which includes Carbon Green tire derived oil) to achieve an ideal BTU and emissions result,” explained Gregg Enders CEO of Hunt BioSolutions. Hunt expects that when the joint R&D is completed, this newly developed blended product will meet or exceed new EPA mandates for industrial and marine diesel emissions. Marketing will target industrial consumers of boiler fuel, heating oil, marine fuel and other stationary diesel and off-road users.
Category: Fuels
