SOURCE: Planet Resource Recovery, Inc.

April 09, 2015 08:47 ET

Planet Resource Recovery Approved to Conduct AquaLuxus WC Field Test on a Mexico City Potable Water Well

HOUSTON, TX--(Marketwired - Apr 9, 2015) - Planet Resource Recovery, Inc. (OTC PINK: PRRY) is pleased to announce that Company Management has returned from a successful week long trip to Mexico with the purpose of implementing Planet's products in Mexico. Company Management in association with its representatives met with various private and Governmental entities interested in deploying Planet's products in the Oil & Gas arena, water systems and Environmental cleanup.

Company Management met with high level executive officials at ConAgua D.F. (National Water Commission for the Federal District of Mexico City). ConAgua is Mexico's National Water Authority charged with managing and protecting the country's water resources in order to ensure their sustainable use. ConAgua D.F. provides potable water to the Federal District which comprises approximately 11 million habitants. ConAgua D.F. provides its customers with water produced from 900 water wells throughout the area. The demand for potable and quality water is a significant challenge that ConAgua D.F. faces on a daily basis.

Based on results that AquaLuxus WC has realized in potable water wells in the US, including significantly improved production and a higher quality of water, ConAgua D.F. has approved the treatment of a water well in the district. After successful treatment of this well, AquaLuxus WC should be used in all 900 wells in the Federal District and expand throughout Mexico to increase water flow production as well as improved quality of the water itself. At present, ConAgua D.F., Planet Resource and its Mexico Representative anticipate performing the well treatment at the end of April or beginning of May 2015.

In addition to ConAgua D.F., Planet also met with various private and Governmental Agencies that are interested in deploying Planet's products in applications such as: pre-refining crude oil streams, Crude Oil Tank cleaning, Enhanced Oil Recovery in mature on-shore fields, Crude Oil Pipeline enhancement, oil spills, sludge pit remediation and water infrastructure clean up. Planet has met with some of these entities several times over the past 8 months testing and planning possible deployment. As these applications progress we will keep our shareholders updated.

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus treatment for the water industry. For more information visit: www.planetresource.net.

Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2014. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Contact Information

  • Contact:
    Planet Resource Recovery, Inc.
    281-213-5622