Phoenix, March 15, 2018 (GLOBE NEWSWIRE) — Greenway Technologies, Inc. (OTCQB: GWTI) (“Greenway Technologies” or the “Company”), President and Chairman, D. Patrick Six, was recently interviewed on Uptick Newswire’s “Stock Day” podcast with Mr. Everett Jolly.
“Today we are hosting, for the first time, D. Patrick Six, the President and Chairman of Greenway Technologies,” said Jolly. “Greenway Technologies, has developed a new technology to economically convert natural gas into synthetic fuel at field-based locations.”
The diesel fuel created by Greenway has a high cetane rating, as was discussed during the interview. Based on an analysis performed by Core Laboratories, a Texas-based lab, the fuel’s cetane rating was between 81-83; nearly double the typical rating for petroleum-based diesel. In addition, the Greenway fuel is cleaner than conventional diesel. The purity of the fuel, combined with its high cetane, make it valuable as a blendstock.
Mr. Six pointed out that the United States has one of the largest reserves of natural gas in the world. Industry experts estimate that 50% to 60% of that gas is stranded – unable to be retrieved – due to location. Greenway’s innovative Greer-Wright Gas-to-Liquids system can be field-located to convert stranded natural gas into valuable fuel, allowing gas owners to monetize their gas assets. The company’s GTL system can also play a role in reducing flared and vented gases, helping with these environmental challenges.
As an update on recent events, Mr. Six said that the company “recently completed fabrication of our first G-Reformer® which converts natural gas into synthesis gas, the first step in our GTL process. The G-Reformer® met all of our expectations,” he said “and is expected to be ready for field deployment later this year. We are engaged with a number of joint-venture partners and are optimistic that we will put a plant on the ground this year,” he concluded.
To listen to the full interview please click here to the following link: https://drive.google.com/file/d/1s6rlOMxON1-IIzvdJSeMKfSRQrYi9U1j/view
For more information on the Commercial G-Reformer, please click the following link:
Greenway Technologies Inc., Completes First Commercial G-Reformer®
About Greenway Technologies, Inc.
Greenway Technologies, Inc. is a Fort Worth, Texas-based holding company. Visit http://gwtechinc.com to learn more.
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses, and contingencies, and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology, and other factors.
About Uptick Newswire and the “Stock Day Podcast”
Uptick Newswire is a private company reaching out to the masses keeping investors and shareholders up to date on company news and bringing transparency to the undervalued, undersold, micro-cap stocks of the market and is the sole producer of the Uptick Network “Stock Day” Podcast. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire and has recently launched the Video Interview Studio located in Phoenix, Arizona.
For more information please visit: http://gwtechinc.com
Source: Uptick Newswire
Greenway Technologies, Inc. Contact Investor Relations 817-346-6900