Posted October 20, 2014
PHOENIX – Sustainable glycol technologies producer GlyEco, Inc. completed installation of a new proprietary distillation system at its South Carolina Processing Center, increasing capacity by 300 percent.
The installation significantly improves throughput with minimal impact to production time and costs, the company said. The unique distillation system was designed by the facility's general manager, Todd Bernard.
The increased capacity at the South Carolina facility, ideally located to service three major glycol waste producing industries, positions the company for further expansion of its services, it said. With increased capacity in place, GlyEco intends to focus on expanding sales in the lucrative heat-transfer fluid market over the next several months. The South Carolina facility can process waste from polyester manufacturing, automotive antifreeze and heat transfer fluid industries.
Third quarter 2014 gross sales at GlyEco's South Carolina Processing Center are expected to increase 83.5 percent compared to third quarter 2013, according to the company.
"Our South Carolina Processing Center has shown exceptional progress during the third quarter, and we are very proud of our team on site," said John Lorenz, CEO of GlyEco. "Todd Bernard, our general manager in South Carolina, created a unique way to improve this plant's distillation system. He worked with engineers, developed the design and effectively managed the build-out. The project was completed on time and under budget. We congratulate Todd and his team on a job well done."
Lorenz added: "I believe the success in South Carolina showcases the talent and resourcefulness of our general managers. While installing the improved distillation system, the South Carolina team worked diligently to expand their business, and the results are clear. Gross sales for the third quarter were up 83.5 percent over the same period last year. This sets an important strategic course for the coming months as the company continues to transition from technology implementation and increasing capacity to revenue development and expanding our customer base."
About GlyEco
GlyEco is a green chemistry company with a patent-pending technology for transforming hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, textiles, automotive, airline and medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.
This patent-pending technology enables clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Its clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters – which can have devastating results for the environment, especially aquatic life – the GlyEco Technology™ solution gives customers a way to reduce waste while caring for the environment and reducing their costs.
Source: GlyEco, Inc.
GlyEco increases capacity by 300 percent at S.C. site