Empowering Tomorrow with Sustainable Innovation
Miami, Florida – January 30, 2025 – TGI Solar Power Group Inc. (TSPG) diversified forward-thinking technology and environmentally efficient real estate development holding company, today announced the signing of a Letter of Intent (LOI) to acquire 25% of Green Industries of Florida, LLC (PYRO), a Wyoming Limited Liability Company www.ecopluscorp.com . As part of this Agreement, management plans to change the name to ECOPLUS CORP, proposed name, and convert from LLC to Corpotate structure.
This strategic partnership positions TSPG to expand its reach into the sustainable waste management sector through the acquisition and collaboration with PYRO's innovative tire pyrolysis technology and projects and assist with: site design and development, creating a microgrid, product development.
www.EcoPlusCorp.com leads Tire Pyrolysis Operations
Green Industries of Florida, LLC / PYRO a company dedicated to developing sustainable solutions, will play a critical role in this collaboration. Under the LOI, PYRO will take the lead in developing and operating an advanced tire pyrolysis process. This process transforms used tires into valuable resources like recovered carbon black, oil, and steel, promoting a circular economy and minimizing environmental impact.
Key Highlights of the LOI:
- Acquisition Framework: TSPG intends to acquire initially 25% of PYRO and its associated projects, subject to due diligence and the execution of a definitive agreement.
- Global Expansion: The combined entity, PYRO-TSPG, aims to achieve global commercial viability through new project development, marketing initiatives, and influencer campaigns.
- Groundbreaking Projects: PYRO-TSPG plans to develop a portfolio of cutting-edge projects, leveraging PYRO's tire pyrolysis expertise. This includes creating innovative new products, such as:
- Polymers for construction applications
- 3D printing materials for furniture, statues, and architectural elements
- Specialized materials for medical applications
- Tire Pyrolysis Plant: The LOI outlines a framework for establishing and operating a tire pyrolysis plant, a technology that converts used tires into valuable resources like oil and steel.
- Good Faith Negotiations: Both parties commit to working diligently towards finalizing a definitive agreement based on the terms outlined in the LOI.
“This partnership represents a significant step forward for TSPG as we enter the sustainable waste management sector, as stated by Samuel Epstein, President of TSPG. “This partnership marks a major advancement for TSPG as we enter the sustainable waste management sector. PYRO’s innovative technology perfectly aligns with our vision for a cleaner future.
Corneliu Bodnar, managing partner of Green Industries of Florida, LLC, expressed enthusiasm for the partnership, stating, “EcoPlus is honored to lead the development of this advanced tire pyrolysis process. We are confident that this initiative will revolutionize waste tire management and contribute significantly to a sustainable future.”
About Green Industries of Florida, LLC
Green Industries of Florida, LLC is a Florida-based company specializing in sustainable waste management solutions, particularly focusing on tire recycling and pyrolysis technologies.
Focus: Tire Recycling and Pyrolysis
Location: Florida, USA
Sustainability: Emphasizes eco-friendly waste management solutions
EcoPlus Tires to Treasures.
About TGI Solar Power Group Inc.:
TGI SOLAR POWER GROUP INC. is a diversified holding company focused on acquiring innovative patented technologies, components, processes, designs, and methods with commercial value. Our mission is to create sustainable habitats that enhance the quality of life while respecting our planet. For more information, please visit TGI Group https://www.tgipower.com
Executive Search: TSPG is actively seeking to fill key leadership positions, including Chief Technology Officer (CTO) and Chief Information Officer (CIO). The company encourages qualified individuals interested in contributing to this exciting new chapter to submit their applications. All inquiries to to be sent to info@tgipower.com
New Slogan: "Empowering Tomorrow with Sustainable Innovation"
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates,""estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. We undertake no duty to update any forward-looking statement, or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about TGI Solar Power Group Inc. which are condoned by the Company must emanate from the Company itself and bear our name as its Source. Safe Harbor statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company’s control, with respect to market.
For media inquiries, please contact:
Media Relations:
Phone: (917) 353-5099
Email: info@tgipower.com
Cornerliu V. Bodnar Managing Partner: Corneliu@ecopluscorp.com