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The Revolutionary and Disruptive Technology: Initiating Coverage with Strong Buy Rating and 12X Upside
Investment Conclusion:
... The Revolutionary and Disruptive Technology: Initiating Coverage with Strong Buy Rating and 12X Upside
GlyEco, Inc. is a green chemistry company which transforms used glycols, a hazardous waste, into profitable green products. The Company's patent-pending technology recycles polluted glycols to a purity level equal to refinery produced material. This unique process cleans all five types of polluted glycols: HVAC, Textiles, Automotive, Airline and Medical. World-wide consumption for refinery produced ethylene glycol is over 5 Billion gallons per year. The company is rapidly expanding operations by strategically acquiring assets of existing profitable recycling businesses. GlyEco engineers will upgrade existing plants with GlyEco Technology™ boosting efficiency and increasing profitability. The management team is a collection of c-level managers from the solid waste, chemical engineering and glycol recycling industries. They have accomplished backgrounds in both the private and public sector, each bringing over 20 years experience in their field of expertise.
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