|By Marketwired .||
|January 9, 2014 07:01 AM EST|
GREENWOOD, SOUTH CAROLINA -- (Marketwired) -- 01/09/14 -- Dragon Polymers, Inc. (PINKSHEETS: DRAG) a company focused on landfill reclamation, is completing its due diligence on expanding its waste streams too include ASR, (Auto Shred Residue) Nylon 6 and Nylon 6/6, Polyester and Polypropylene from carpets. Dragon Polymers is working with several OEM's evaluating different equipment options to best sort, separate and transform these new waste streams into usable polymers.
Due to Federal Regulations the number of active landfills has been dramatically reduced from 8000 to 1600 in the past 25 years. This year alone, 10 billion pounds of Carpet and ASR (Auto Shred Residue) will end up in landfills across North America.
ABOUT THE COMPANY: Dragon Polymers Inc. is recycler of industrial polymers through landfill remediation. As a result of this the company is focusing its efforts in the reclamation of polymers, specifically Polyethylene Terephthalate, ASR, Nylon 6 and Nylon6/6, Polypropylene and Polyester.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
Dragon Polymers, Inc.