Taronis launches first bio-based arc gasification production site in Europe

In the Netherlands, Taronis Technologies announced the launch of its first European MagneGas production site as part of Taronis Fuels, as wholly-owned subsidiary of the Company. The location is a 4.3 square kilometer location within a renewable energy and technology industrial park in Westpoort, Amsterdam. The executed lease provides Taronis the option to lease the location for an initial 10 years. The lease was formally executed and announced at the Global Sustainable Shipping and Ports 2019 Forum in Copenhagen, Denmark.

The newly leased location has the capacity to operate up to seven 300 KW Venturi plasma arc gasification units with an engineering and production office on site. The location is adjacent to the Holthausen Groep, one the largest independent industrial gas distribution companies in the Netherlands. The Company has proposed utilizing this distributor as a key partner for the transport and delivery of MagneGas throughout the Netherlands.