China MagneGas Corp. (MNGA.OB) Refinery Almost Complete
MagneGas Corp. is the producer of MagneGas, a natural gas alternative and metal working fuel. MagneGas is made from liquid wastes such as sewage, sludge, manure, and certain industrial and oil-based liquid wastes. The company's patented plasma arc flow process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower greenhouse gas emissions. On June 17th, the company announced that its construction of the 200 kilowatt 'plasma arc flow' refinery ordered by Beijing-based DDI Industry International is on schedule and nearing completion. MagneGas expects DDI to inspect the unit in person in…