MagneGas Corp. (MNGA.OB) Teams with Eprida to Produce Environmentally-Friendly Fuel
QualityStocks (October 20th, 2009) Writes:
MagneGas Corporation is the producer of MagneGas – a natural gas alternative and metal working fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The company’s patented ‘Plasma Arc Flow’ process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower greenhouse emissions. MagneGas can be used for metal cutting, cooking, heating, or powering autos.
The company announced today that it has entered into a strategic alliance agreement with Eprida Power and Life Sciences Company. The companies have agreed to collaborate for the combined use of a MagneGas/Eprida system to potentially produce carbon-negative, oxygen-positive fuel, and to leverage the two systems to produce a topsoil supporting amendment and other environmentally friendly products.
Eprida’s technology offers a unique bio-energy platform to transform biomass into a combination of sustainable products, most notably a charcoal-based fertilizer that removes
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