Business
Global Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets
Global Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets.
About this update from Global Clean Energy, Inc.
[{"type":"text","content":"\n \n \n Global Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets\n \n \nGlobal Clean Energy, Inc. Unveils 2014 Operational Strategy and Revenue Targets\n \n HOUSTON, TX--(Marketwired - Nov 12, 2013) - Global Clean Energy, Inc. (OTC PINK: GCEI), a waste-to-energy development company focused on optimizing commercially available technologies to recover, reclaim and convert waste into commercially viable energy, is pleased to announce that, after months of diligent negotiations, the Operational Strategy and 2014 Revenue Targets of the Company have been finalized. \n As stated at the start of 2013, the objective of Global Clean Energy is to become one of the fastest growing feedstock aggregators and waste to energy integrators in North America. The Company is pleased to announce plans to commence construction on four (4) turn-key, Waste to Fuel facilities in 2014. \n Throughout the year, the Company has been securing long term feedstock and operational agreements while fortifying its business model of stepping into existing operations that require an infusion of capital, technology and expertise to complete their developments. After spending most of 2013 securing the estimated $55 million needed to construct the facilities, the combined projected revenues of the first 4 facilities are estimated to be $15 million in Q3/Q4 of 2014, expanding to $60 million in 2015.\n Michael Coia CEO of Seneca Bio-Energy stated \"As an owner operator of SBE Energy Park we have been approached by many energy groups (developers), out of all the companies that have approached us only GCE has brought the breadth of experience and capabilities to convert W2E enabling SBE to complete our project.\"\n The Company will have a controlling interest in two (2) Plastic to Fuel (P2F) sites, a Platinum Group Metals (\"PGM\") recovery site, and an integrated energy park which will include a P2F system, a bio digester and a food grade tolling operation.\n Brian Levine, COO of Global Clean Energy stated \"The European model for waste to energy coming to North America in much the same way as renewables such as wind and solar, are tried, true and tested. The impending waste import embargo by China combined with the proliferation of new cost effective conversion technologies, and the increased demand in the PGM industry for catalytic conv...