It was announced today that InfoSpi, Inc. is in the final phase of negotiations to lease a 40,000 Square feet warehouse with railroad access in Pompano Beach, Florida. This space will be used to house InfoSpi's first Tire to Oil (T2O) facility which is seen to be a milestone in the company's T2O project.
"Our ability to convert over 1,000,000 -used tires in each of our facilities into much needed re-useable commodities is exciting," says Chris Hamilton CEO.
He went on to explain, "At present, the output of used tires in the United States is over 300 million tires per year; our Scrap Tire Pyrolysis Production Plant utilizes these tires, and is paid to do so (up to $100 per Ton), generating revenue of up to $400 per ton in material recovery and tipping fees."
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InfoSpi Inc. is a diverse alternative energy company involved with the production of sustainable Bio Fuels and Electricity. The business focuses on researching new and emerging technology in this field and seeks to capitalize on the commercialization of newly developed and perfected propriety solutions to the growing environmental demands.
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