MagneGas Corp., a producer of a metal working fuel and natural gas alternative made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes, recently announced that the company has secured a new fuel distribution agreement with Tennessee-based Holston Gases. Under the terms of the agreement, Holston Gases will sell MagneGas™ through its 22 locations in Alabama, Kentucky and Tennessee.
This new agreement, the company’s third, will expand MagneGas Corporation’s market share in the $680 million metal cutting fuel industry. MagneGas Corporation’s patented Plasma Arc Flow™ process gasifies liquid waste to create MagneGas™, a clean-burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas™ can be used for metal cutting, cooking, heating or powering bi fuel automobiles.
MagneGas president, Richard Connelly, stated, “We are proud to align ourselves with family-owned Holston Gases. With a 50-year history in the Southeast, Holston has put down deep roots, and created the even deeper customer relationships that will give MagneGas™ immediate credibility as a new entrant to the market.” He continued, “The breadth of their sales force should provide increased awareness in a short period of time. With this new agreement, we have extended our reach to eight states in just three months.”
Commenting on the agreement, Phil Kirby, Holston’s regional manager, stated, “We at Holston Gases are excited to be the first to bring the green gas technology of MagneGas™ to our home market. Holston will be introducing this revolutionary metal working gas to our existing customer base, while expanding to competitive accounts to ensure full distribution and cement a successful marketing partnership with MagneGas Corp.”