Blue Gold Beverages, Inc. BGBV +44.44% Blue Gold Beverages, through its wholly owned subsidiary TY Recycling, has sourced a 2,000 metric ton supply of commercial grade Type 66 Nylon. The nylon was recovered from the McKendry Landfill site located near Kingston, Ontario, Canada. Once the nylon is cleaned, reground and pelletized, the global demand for this product is enormous with Asia and India leading the way. According to websites such as www.recycle.net , (Recycling Exchange Listings) companies are willing to pay up to $1,500 per metric ton for top grade commercial Type 66 Nylon Regrind, bring the potential value of our nylon supply to $3,000,000.
Blue Gold Beverages has sent out samples of the commercial grade Type 66 Nylon Regrind to several companies for testing and sampling, the feedback has been extremely positive. Blue Gold Beverages is completing a feasibility study to ensure that the company maximizes profits and increases shareholder value from the sale of this nylon. Blue Gold Beverages is actively searching for other sources of Type 66 Natural Nylon Regrind.
The purchase of TY Recycling in November 2010 has become a valuable business opportunity for Blue Gold Beverages, not only will it help offset the company's carbon footprint but it will be a tremendous source of revenue and profits.
ABOUT THE COMPANY: Blue Gold Beverages wholly owned subsidiary, TY Recycling specializes in the cleaning, processing and recycling of thermoplastic polymers such as Polyethylene Terephthalate and Type 66 Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value. Blue Gold Beverages, Inc. through its recent acquisition of Epic Nutrition is a leading producer of 2 ounce specialty drinks and energy bars such as NRG Shots and PitBull energy bars, please visit www.epic-nutrition.com for more details.
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