HOUSTON, TX--(Marketwired - Feb 19, 2014) - Global Clean Energy, Inc. (OTC Pink: GCEI) announces the completion of a long term Feedstock Agreement with Sonoco Recycling a member of the Sonoco family, Hartsville, SC (NYSE: SON). Sonoco Recycling will provide end of life plastic in addition to other solid waste streams to GCE for future Waste to Fuel (W2F) plant developments in North America.
Locations are being carefully vetted in 2014 and the first plant is expected to be operational in 2015. "We are extremely impressed with Sonoco's forward thinking commitment to waste conversion and their stewardship of the environment," says Steven Mann, Chief Development Officer of GCE.
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $4.8 billion, the Company has more than 19,900 employees working in 347 operations in 34 countries, serving some of the world's best known brands in some 85 nations. Sonoco is a proud member of the 2013/2014 Dow Jones Sustainability World Index.
About Global Clean Energy, Inc.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.). GCE is the industry's most diversified aggregator and system integrator bringing solutions to the plastics, rubber, anaerobic digestion and platinum group metals recovery industries. GCE focuses on existing technologies with a track record to provide its feedstock network with reliable solutions.
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