Hunt Global Resources and Carbon Green to produce biofuels from waste oils recycled from tires

| December 28, 2010

In Texas, Hunt Global Resources and Carbon Green have entered into a research agreement to produce biodiesel from waste oils recycled from tires. In recent months, Hunt’s BioSolutions division has tested its LoNOX Industrial Biofuel 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.

By utilizing the oil from the Carbon Green tire process, this completes the total tire recycling while positively impacting Hunt’s feedstock supply requirements and reducing costs to create the new Hunt/Carbon Green Biofuel. When the joint R&D is completed, this newly developed blended product will meet or exceed new US Environmental Protection Agency (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.

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