BenchMark Energy Corporation Announces New Sales
HOUSTON, Nov. 17, 2011 /PRNewswire/ – BenchMark Energy Corporation (OTC: BMRK). BenchMark Energy Corporation is pleased to announce that is has received a purchase order from Carmeuse Lime of Butler, Kentucky to provide 75,000 gallons of glycerin on a weekly basis.
The terms of the order call for a minimum delivery of 75,000 gallons of glycerin per week on an on going basis. Benchmark and its subsidiary Energy Partners, LLC anticipates that this could increase revenue by as much as $200,000 or more per month.
Carmeuse Lime will use the glycerin as a green energy source at their coal burning facility which will have a two fold impact. First, the glycerin will improve the efficiency of the production from the coal. Secondly, it will significantly reduce the emissions and impact on the local environment produced by the coal output at the facility. “This is a win-win situation for BenchMark and Carmeuse,” said Mark Bateman, BenchMark’s CEO. “The Company provides a natural result of bio-diesel, glycerin, an environmentally friendly product to a much maligned energy source like coal; and, it limits the coal’s harmful results and improves the impact on the environment,” he further states.
For more information on Energy Partners, LLC, Glycerin, its uses and benefits, and BenchMark Energy Corporation, please see our website at http://www.benchmarkenergy.net. While the demand for glycerin has remained stable, the demand for refined glycerin, technical grade and higher, has risen. BenchMark Energy has focused its attention on distribution and refinement of glycerin in the energy and pharmaceutical industries.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in the preceding discussion, the words “plan,” “confident that,” “believe,” “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of BenchMark to complete the proposed acquisition(s), the results of BenchMark’s due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of BenchMark to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company’s products and technologies, competitive factors, timing, and other risks described in the Company’s reports and filings.
Media & Investor Relations:
Alex Livak/ Robert Adams
SOURCE BenchMark Energy Corporation