Video player

Right click and save as to download

COSTA MESA, CA -- (Marketwire) -- 11/24/2009 -- ENVIROTEK, (PINKSHEETS: ENTK) Today announced the company’s Board of Directors has agreed to the expansion of the company’s Extreme Biodiesel facility in Corona California.

Envirotek’s Board of Directors today commented, expansion of the existing facility is already under way for the production of 10,000 gallons per day of Biodiesel fuel. The revised expansion will allow for the production of 20,000 gallons per day and is hoped to be fully completed during the 2^nd quarter 2010.

When complete, the Corona facility is expected to operate 6 days per week with an approximate output of almost 500,000 gallons per month of premium Biodiesel. Based on current market pricing, the annual revenues, along with the Government subsidy program, would equate to be in excess of $15,000,000 annually.

Extreme Biodiesel is one of 15 fully licensed refineries in the USA who are legally permitted to refine and resell Biodiesel products. As a licensed refining facility, Extreme Biodiesel is registered under the state and federal subsidy program which entitles the company to an additional $1.33 per gallon incentive funds, paid directly to the company from the US treasury.

Extreme Biodiesel also manufactures “mini extractors “, a small business/home mini refinery system, at the Corona facility. These units are designed for small business owners and individuals to produce (non resale) Biodiesel products at their own locations. Last year, the company manufactured, sold and shipped almost $1,000,000 of these units. Production is being increased for 2010 with a projected sales target of $2,000,000 for the “mini extractors”.

Robert Thompson, ENVIROTEK President stated,”By using almost all of Envirotek’s strategic partnerships technologies, the end result is the transformation of waste materials to clean burning renewed energy and power for use as Clean Burning Vehicle fuels, Including Bio-Diesel, Gasoline, and Jet Fuel and now Magnegas, a clean burning alternative to natural gas emitting oxygen and less emissions than fossil fuel through the vehicles exhaust systems”. 

VIDEO LINKS:

www.extremebiodiesel.com  www.thefuelfilm.com

www.youtube.com/envirotekusa  www.emerginggreencompanies.com

About Envirotek “PROVIDING TOMORROWS GREEN SOLUTIONS TODAY” Our initiative is to help change the way the world looks at the Environment, and provide solutions to “GO GREEN”. Envirotek is a rapidly growing company that will be introducing several innovative technology solutions to a growing crisis throughout the world. Our goal is to improve the health, environment and economy of people around the world by supplying proprietary technology that can be used in both new and existing systems to convert them to GREEN and to create Alternative Energy Solutions.

Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.