SEATTLE, June 10, 2009 (GLOBE NEWSWIRE) -- GeoBio Energy, Inc. (Pink Sheets:GBOE), d/b/a Plastics Conversion Technologies, Inc. (PCT "Company"), a Colorado-based plastics cleaning, separation, and recycling company, announces its founder, director and COO, Gary De Laurentiis, joined the newly formed Plastics Recycle Council, a trade committee reporting to the Board of Directors of The Institute of Scrap Recycling Industries, Inc. (ISRI).
A key trade association for the recycling industry, ISRI assists members in navigating various business, legal, environmental, and government challenges they face as participants in one of the nation's (and the world's) most rapidly growing fields. Volatile commodities and energy prices have made the "recycling industry" an increasingly regulated and complex business. These issues have made recycling and recycled materials a new focus of potential supply for manufacturers of everything from bottles to car parts to appliances. The rapid and increasing impact of environmental challenges are particularly acute for the recycling businesses that are ISRI members.
With over twenty-five years in the plastics and recycling industries, Mr. De Laurentiis brings a level of expertise that will allow ISRI to include the most current and relevant information and awareness of opportunities for, with, and about plastics and recycling to its membership. Stated Mr. De Laurentiis: "I'm honored to have been asked to join and participate in this new group. I look forward to helping raise the level of understanding of plastics and the plastics industry among all the ISRI members, and to increasing the use and awareness of recycled plastics in many manufacturing fields."
About PCT
PCT is a plastics recovery, separation, cleaning, and recycling company. Formed in 2009 via the merger of GeoBio, Inc. and EnviroPlastics, Inc., with the intent to supply recycled commercial plastics to the automotive and consumer products industries, it plans to construct large-scale plastics recycling facilities near automotive shredder locations nationwide. Operating in conjunction with large national metal recycling partners (see "Strategic Partners"), the company, using a patent-pending process developed by EnviroPlastics, will produce recycled commercial grade plastics ready to be re-introduced into commerce. Additionally, in conjunction with other Strategic Partners, PCT will convert waste and scrap plastic (from its own processing and from other sources) into high-value energy products, including synthetic oil. For more information, visit: www.enviroplasticscorp.com
The EnviroPlastics Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6107
About ISRI:
The Institute of Scrap Recycling Industries, Inc. (ISRI) is a private, non-profit trade association that is the "Voice of the Recycling Industry." Based in Washington, D.C., ISRI represents more than 1,600 private, for-profit companies that process, broker, and industrially consume scrap commodities, including ferrous and nonferrous metals, paper, electronics, rubber, plastics, glass, and textiles. ISRI assists member companies by providing a variety of products and services designed to help them run better, cleaner, safer, and more profitable operations. ISRI members range in size from small, one-yard operations to large, publicly held corporations with multiple facilities nationwide and even worldwide.
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