BenchMark Energy Corp (OTCPink:BMRK), ),a refiner and supplier of Glycerin for commercial processes, announced it hassigned agreements with a processing company in Mexico to provide them withrefined Glycerin, and for the production and shipment of BenchMark?s own brandof antifreeze for resale to consumer market here in North America.
Under the agreement, BenchMark Energy will supply increasedshipments of refined Glycerin to its Mexican partner, and in return will beprovided manufacturing, production, and shipment of BenchMark?s own brand ofantifreeze, now to be marketed under the new brand name TimberlineAntifreeze.
Once in full production, our Mexican production facilitiesshould be on course to ship up to 150,000 gallons of antifreeze to the companyper month. The Company anticipates that the first shipments of their new TimberlineAntifreeze product should be on store shelves by the end of January2014.
Mark Bateman, the CEO of BenchMark Energy Corp. commented, ?Weare very excited to announce our contracts with our Mexico partners for theproduction of Timberline Antifreeze as our first commercial Glycerin-basedretail consumer product. We feel by utilizing our secure supply of Glycerin,and the environmental aspects of using our Glycerin-based product as opposed toEthylene Glycol, that BenchMark will be providing a cutting edge new productwithin the antifreeze market.?
ADVANTAGES OF GLYCERIN BASED ANTIFREEZE
- Less corrosive on engine parts
- More cost-effective than Ethylene Glycol based Antifreeze
- Close to neutral on a corrosive scale
- Better for the environment (less toxic)
- Supportive of the renewable fuels industry
UNIT SIZES TO BE MARKETED
Timberline Antifreeze will be marketed inboth 1 gallon containers, 55 gallon drums and bulk ISO containers. The 1 galloncontainers will be focused on the retail market, providing a superior productat a lower cost per container than conventional antifreeze. Through internaland marketing price reviews they feel Timberline Antifreeze willbe extremely competitive price wise to current antifreeze products on themarket.
The 55-gallon drums and ISO containers will be marketed towardstransportation companies, farmers, school systems, automotive repair shops, andother enterprises that service fleets of vehicles. Although launch is stillpending for January 2014, BenchMark has already received indications ofinterest from transportation companies as potential pre-orders.
Additional blends of Timberline Antifreeze areexpected in the coming weeks and months ahead.
Photos of the recent signing of this agreement will be postedshortly on our official Twitter account at http://twitter.com/BenchMarkE
ABOUT BENCHMARK ENERGYCORPORATION
?BenchMark Energy Corporation (OTC Pink:BMRK) is the source forglycerin and related refined components, providing value through our industryknowledge.? ? Our mission statement starts the story, but the rest is availableat http://benchmarkenergy.com.
SAFE HARBOR STATEMENTS
The statements in this release that relate to the Company?sexpectations with regard to the future impact on the Company?s results from newproducts in development are forward-looking statements within the meaning ofthe PrivateSecurities Litigation Reform Act of 1995. The results anticipatedby any or all of these forward-looking statements may not occur. The Companyundertakes no obligation to publicly release the result of any revisions tothese forward-looking statements that may be made to reflect events orcircumstances after the date hereof, or to reflect the occurrence ofunanticipated events or changes in the Company?s plans or expectations.
INVESTOR RELATIONS
Ashlee Guzman
Phone: (832) 691-0011
Email: investorrelations@benchmarkenergy.com