Altiras Recovery Pursues Opportunities to Invest Capital to Recover Value from Used Solvents
Friday, April 29, 2016
Houston TX – Altiras Recovery, a wholly owned subsidiary of Altiras Holdings, announced today that it signed a letter of intent to partner with an international manufacturer to pursue a project to convert waste solvents into useful new products.
“Altiras Recovery is uniquely positioned to develop technologies and invest capital in projects to recover used solvents and return them back to our supplier.” said Todd Pencarinha stated, President of Altiras Recovery. The company plans to work with various manufacturers whose core business is not in chemical recovery and to add value by managing the waste streams to reduce costs and significantly reduce waste volumes and operating costs.
“Altiras is excited to invest in projects to improve a supplier’s cost, reduce waste and produce a valuable product. We have a high degree of confidence in our success given prior success with similar challenges.” said Steven Marshall, Chief Executive Officer of Altiras Holdings.
Altiras is a beneficial use company in the chemical and fuels marketplaces, headquartered in Houston, Texas, that finds value in chemicals and fuels that might otherwise be disposed. Altiras provides innovative chemical and fuel solutions for customers throughout the world by providing quality-assured products to help our customers maintain product quality at significant savings to traditional prime product purchases. For more information, please visit: www.altiras.com.
For additional information please contact:
Steven Marshall, Chief Executive Officer
T: (713) 568-3651