Tuesday, 20 October 2015 08:00 AM
PHOENIX, AZ / ACCESSWIRE / October 20, 2015 / A leader in sustainable glycol technologies, GlyEco, Inc. ("GlyEco" or the "Company") ("GLYE"), announced today that the Company has recently signed a partnership deal with a large Northeast glycol provider and has commenced delivering quality, sustainable glycol into the Rhode Island, Massachusetts, and Connecticut markets to service that partner.
Executive Vice President of Sales, Todd Smith, commented, "In addition to the three national retail automotive groups we added in 2015, we are delighted by the endorsement of our new partner. We now service these three states with our superior sustainable solutions. We anticipate the initial footprint in these partnered markets to reach approximately 500 automotive locations with the opportunity for further growth as we successfully fulfill these locations with quality service and product."
Start a Project with GlyEco! Contact Todd Smith, Executive Vice President of Sales, at 866-960-1539 ext. 704.
Added Smith, "Our brand promise is to ensure that every drop of our product exceeds the end user's expectations, to deliver superior customer service through our direct delivery locations, and to enable state, regional, and national partners to deliver sustainability products through their current routes and operations. GlyEco creates the optimal relationship for partners who demand quality products and profitability margins."
GlyEco is interested in accepting hard or impossible to dispose of ethylene and polyethylene glycol waste. "We partner with companies who take sustainable glycol waste streams seriously," stated Smith.
Interim Chief Executive Officer and President, David Ide, stated, "We are excited with our latest partnership. This deployment is particularly important to GlyEco in that it represents a profitable relationship where our quality glycol products ship into a region we do not have the hard assets to direct deliver to." Ide continued, "Our proprietary and patented platform allows us to partner with companies in win-win situations. GlyEco will continue to collaborate with companies who align themselves with quality and top rate service."
Rhode Island is the smallest in area, the eighth least populous, but the second most densely populated of the 50 states (behind New Jersey) (The Spirit of Rhode Island!). Massachusetts is the third most densely populated of the 50 states (Starting a Business in Massachusetts!), and Connecticut is the third smallest state by area, the twenty-ninth most populous, and the fourth most densely populated of the 50 United States (The Constitution State!).
The partner will have access to GlyEco University, the Company's intellectual property and education platform.
About GlyEco, Inc.
GlyEco collects and recycles waste glycol streams into reusable glycol products that are sold to third party customers in the automotive and industrial end-markets in the United States. Our proprietary and patented technology allows us to recycle all five major types of waste glycol into high-quality products usable in any glycol application. We are dedicated to being the standard in the glycol industry by providing the highest-quality products, services, and technology possible to our customers.
For further information, please visit: http://www.glyeco.com
To partner or to start a project with us, please visit: Start a Project with GlyEco!
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the words "believe," "anticipate," "expect," "intend," "estimate," and similar expressions. All statements in this document regarding the future outlook related to GlyEco, Inc. are forward-looking statements. Such statements are based on the current expectations, beliefs, estimates and projections of management and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including the risk that the future data will not be as favorable as the initial results. Additional uncertainties and risks are described in our most recent Annual Report on Form 10-K. For a more detailed discussion of factors that affect GlyEco's operations, please refer our filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available through the SEC website at http://www.sec.gov. All forward-looking statements are based upon information available to us on the date hereof, and GlyEco undertakes no obligation to update this forward-looking information.
Contact:
GlyEco, Inc.
Dwight Mamanteo
Non-Executive Chairman
[email protected]
866-960-1539 ext. 703
SOURCE: GlyEco, Inc.