GlyEco, Inc. (GLYE) Announces Purchase of Assets from Recycool
GlyEco Inc. is a green chemistry company focused on rolling out proprietary and patent-pending recycling technology. The company's branded GlyEco Technology transforms a hazardous material, such as antifreeze, into profitable green products. More specifically, GlyEco’s technology recycles used glycols. The company’s process is the only process than can cleanse all five major types of waste glycols to a superior level of purity, allowing the glycols to be re-used safely. Glycols are primarily used in five industries: HVAC, automotive, airline, textiles, and medical. Currently 85% of this waste is simply disposed of in our waters. The company announced today that it…