Robix Launches P Series Oil Recovery Product Line Targeting Oil Production Settling Ponds

Press Releases |

LETHBRIDGE, ALBERTA--(Sept. 2, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Company") (RZX:CNX) (FRANKFURT:R0X) announced today that it has launched its P Series oil recovery platform concept, which is designed to address the oil-production settling pond market. The P Series leverages the proprietary drum technology first commercialized in the Company's C Series product line.

Unlike the C Series, which is an oil spill recovery vessel used in open rough waters to recover split oil, the P Series is a stationary platform that is ideally suited to settling pond applications. The P Series uses patented drum technology to siphon oil from the surface of the ponds within oil production facilities. The recovered oil is recirculated within the customer's facility. The Company's first model is the P140, which has an oil recovery rate of 140 m3/hr. Like the C Series, the P Series is also scalable technology that can scale up or down depending on customer requirements. Robix is currently in discussions with major oil companies in North America on the P Series products.

"Our discussions with customers led us to create the P Series," commented Nathan Hansen President and CEO of Robix. "We were able to quickly apply the C Series technology and design principals to create a new product that can cost effectively recover oil and give it back to the customer, effectively improving their bottom line while reducing impact on the local environment. It's a win-win for our customers, especially at a time when oil producers are motivated to find additional efficiencies due to depressed oil prices."

About Robix Alternative Fuels

The Corporation is an "industrial products/technology" company, which has developed an oil spill recovery vessel with the capability to recover oil not only in rough and debris laden sea conditions but also in more contained environments such as lakes, rivers and tailings ponds. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing arrangements with other industry participants, wherein Robix will use its patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

 

Contact Information

 

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com

The Howard Group
Jeff Walker
Vice-President
(403) (888) 221-0915
Jeff@howardgroupinc.com

The Howard Group
Brad Dryer
Associate
brad@howardgroupinc.com

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