Tuesday, June 19, 2012

MagneGas Corp. (MNGA) Enters an Exclusive Provider Agreement with RJ Torching at the Flint, MI Facility

MagneGas, the developer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, has entered into an agreement with RJ Torching to exclusively provide MagneGas fuel for metal torching at the Flint, MI, recycling facility. RJ Torching is an environmentally friendly Detroit recycler and inventor of the SPARCS *** metal cutting exhaust gas collection system.

MagneGas will install a 150kW unit onsite to produce and supply RJ Torching and the surrounding area its superior metal cutting gas MagneGas(TM).

“MagneGas is delighted to offer RJ Torching an innovative solution that will help meet the environmental challenges currently affecting the recycling industry,” commented Marc Cuffaro, Executive Vice President of Business Development at MagneGas. “RJ Torching is seen as a leader in the industry as an early adopter of new technologies and we look forward to a long and successful working relationship.”

Ermanno Santilli, CEO of MagneGas commented: “MagneGas has spent the first half of this year showing the metal cutting industry that we have a superior metal working gas based on direct and wholesale distribution. As we commence the second phase of our growth strategy, we will show the industry that our unique technology is capable of producing superior metal working fuel on-site and on-demand to virtually eliminate cylinder and distribution costs. We are confident that this unique solution will appeal to large users of metal cutting gas nationally as well as globally.”

Founded in 2007, Tampa-based MagneGas is the producer of MagneGas(TM), a natural gas alternative and metal working fuel that can be made from certain industrial, municipal, agricultural, and military liquid wastes following the receipt of appropriate governmental permits.

For more information visit www.magnegas.com

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