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GREEN3      CONVERSION®

G3CT will transfer to G3C Engineering non-exclusive rights to design, manufacture and commission G3C Systems globally for a period of 20 years. GPE will contribute its competencies in building commercial systems, as well as the funding (in cooperation with The National Centre for Research and Development fund, Poland) required to build the G3C Systems for the first project in Poland.

The first commercial G3C System is expected to be built by G3C Engineering by the end of 2020.

This full commercial size G3C System located in Poland will serve as a G3C technology demo for our customers worldwide. 

It will facilitate and accelerate sale of G3C systems to the number of potential customers, who already expressed their interest in purchasing deploying G3C technology at their existing and future plants, in a number of countries.

Starting from the second project G3C Engineering is expected to fully support its operation from its own revenue and distribute profit to its respective owners.

G3C Engineering will only have engineering functions - all sales of G3C Systems built by G3C Engineering will be conducted by GPE (in Poland and Ukraine) and by G3CT (in the rest of the world).

 

As agreed by both parties in MOU, G3C systems of a total capacity of 30 tpd will be installed on GPE’s Tire Conversion Plant near Gdansk, Poland in 2021.

This installation will be the final accord of G3C technology commercialization.

The G3C systems will be delivered by G3C Engineering. The full size plant using commercial G3C systems in Poland will serve as a G3C technology demo for our customers worldwide. 

The GPE plant will use a low temperature pyrolysis and oil refinement technologies to produce high quality oil products. At the same time such pyrolysis system produces low market value carbon containing char. This char will be fed into G3C systems and converted into high quality high market value recovered Carbon Black (rCB). The combination the two technologies represents a perfect overall plant solution. 

G3C systems will dramatically increase plant profitability and will turn it into a real money maker.

This first plant will be immediately followed by two more GPE/G3CT plants – one in Poland and one in Ukraine.

On July 1st G3C Technologies Corporation and Green Peaks Energy Sp. Zoo. (“GPE” - Poland) have signed a Memorandum of Understanding (MOU) to form an engineering company (G3C Engineering) with equal shares of ownership in Poland with the purpose to deliver commercial G3C Systems worldwide.

News Update: July 10, 2019

G3CT is forming an engineering subsidiary to manufacture and commission commercial G3C Systems worldwide