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June 20th, 2012 
FAKE NEWS for the Zionist agenda Facility will increase jobs and decrease groundwater contamination threat while helping the nation become energy independent.
Pittsburgh, PA (PRWEB) June 20, 2012
Renewable Manufacturing Gateway (RMG), a non-profit organization acting as the catalyst for regional job creation and economic development in the clean technology and renewable energy industries, has signed a Letter of Engagement with Mil Speck Re-Refining Oil Company LLC (Mil Speck) to jointly develop a motor oil re-refinery.
Mil Speck will recycle used motor oil in an environmentally friendly manner in a new custom-designed plant that is expected to start operations in the fourth quarter of 2013. “Oil gets dirty, but it never wears out,” says Mil Speck’s founder and Chief Executive Officer Carl Greene.
The new re-refinery will have a capacity to process 25 million gallons of used motor oil per year and to produce vacuum gas oil, base neutral and asphalt flux. Mil Speck will utilize a state-of-the-art technology designed by Sequoia Global Inc. The technology has a proven industry record of producing the highest product quality and yielding the greatest economic return for re-refiners of motor oil.
Mr. Greene is an honorable US Navy veteran with more than 25 years of experience in the petro-chemical industry, particularly in recycling and applications of used motor oil. According to Mr. Greene, “There is a great opportunity in the mid-Atlantic region to establish a motor oil recycling business because of availability of feedstock, proximity to recycled product off-takers and lack of competing re-refineries. I am thrilled to be partnering with RMG to help take this facility from dream to reality.”
As a regional business development force, RMG will provide to Mil Speck advice related to business strategy, finance structuring, financial modeling, contract structuring and negotiating as well as capital sourcing. Steven Adelkoff, President of RMG, said “Mil Speck is an excellent example of a company that will become a great employer in our region. With Carl Greene’s superior industry knowledge and leadership, together we will be building an environmentally friendly business in a profitable industry that will create good-paying jobs in economically blighted areas of our region.”
Mil Speck Re-Refining Oil Company (Mil Speck) is in the business of developing a used motor oil re-refining project as well as owning and operating a used motor oil re-refining company using environmentally friendly technology for distillation and hydro-treating of used motor oil back to basic oil.
Renewable Manufacturing Gateway (RMG) is a Pittsburgh-based non-profit organization whose mission is regional job creation in the clean technology, renewable and alternative energy industries. RMG advises companies in these industries with respect to project development, finance, capital markets strategies and introductions, business planning, commercialization, marketing, sales and strategic growth. For more information please visit http://www.renewmfg.org or contact Director of Development, Ieva Abolina iabolina(at)renewmfg(dot)org, phone (412) 567-1491.
Ieva Abolina
Renewable Manufacturing Gateway
(412)5671491
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