Today, GlyEco has announced that in an effort to accelerate Type 1 recycled glycol, GLYE has retained industry veteran Mike Sommer as a consultant. Mr. Sommer's primary focus will be on securing additional feedstock for GLYE's Type 1 glycol recycling operations. For 24 years, Mr. Sommer held various roles at Safety-Kleen, which led to him becoming Senior Vice President of Refinery Sales and creating annual sales of more than $500 million and 125 million outbound gallons.

Revenue increased 719% year-over-year is what GlyEco is doing these days. Today, GlyEco has released their Q2 2013 financial results and they are quite impressive. Here are some of the key highlights from their report:

Second Quarter 2013 Financial Summary – Q2 2013 over Q2 2012

John Lorenz, CEO of GlyEco, is a 30 year veteran of the waste management business and sold his original business to what is now called Waste Management (WM).

Looks like he has kept a few contacts...☺

On Monday, sustainable glycol technologies leader GlyEco, Inc. (OTCQB:GLYE) and environmental solutions provider Waste Management (NYSE:WM) announced they are working together to prevent hazardous waste glycols from ending up in landfills across the United States.

GlyEco, Inc., the leader in waste Glycol recycling, has published their first blog post today. This is an interesting read that really puts their work into perspective. The title of the post, “How Much Is 700 Million Gallons?”, shows just how many polluted glycols we create just in the States every year.

Click here to read more from the GlyEco Blog.

Petrosonic Energy has recently announced they are now generating revenue due to the completion of their emulsification processing plant in Albania. With the plant now completed, PSON is now able to start the heavy crude emulsion process.