- CEO
- Christopher Richard Smith
- Full Time Employees
- 5
- Sector
- Industrials
- Industry
- Waste Management
- Address
- 14699 Holman Mountain Road Jamestown CA United States of America 95327
- IPO Date
- Jan 14, 2010
- Business
- Green EnviroTech Holdings Corp. operates as a plastics recovery, separation, cleaning, and recycling company that transforms unusable scrap tires and waste plastics into valuable end products including carbon black, oil, steel, syngas, and char using proprietary pyrolysis technology. The company offers its Generation One process, which produces Brent-grade blend stock oil, char or carbon black, and steel from tire and plastic feedstocks via electromagnetic pyrolysis and distillation; a typical 104 ton-per-day operating unit processes up to 33,800 tons of waste plastic annually to yield approximately 195,000 barrels of oil or handles 200 tons of tires daily for over 200,000 barrels of blend-stock oil yearly, with plants designed to be odor-free and low-noise under 30 decibels. It provides business models encompassing plant construction, ownership, operation, and franchise opportunities to establish recycling ecosystems globally, targeting waste management in industrials sector with focus on landfill diversion and eco-friendly commodity production. Founded in 2008 and headquartered at 14699 Holman Mountain Road in Jamestown, California, the company maintains a lean operation with five employees and conducts activities primarily in the United States while pursuing international partnerships. Formerly known as Wolfe Creek Mining, Inc., Green EnviroTech has pursued strategic expansions including a 2013 joint venture acquiring 51% ownership in a entity with Petrosonics, LLC for synergistic ultrasound technologies in oil upgrading, a 2014 agreement with Tepia Corp. Japan Co. Ltd. via Coast Northwest Management to identify Asian investors and markets for plant development, and a 2017 term sheet for acquiring FWD:Energy, Inc. involving debt conversion and warrants, alongside ongoing efforts in non-U.S. rights via Black Lion Oil Limited. The company reports no revenue in recent trailing twelve months with ongoing losses, reflecting pre-commercialization stage amid plans for multi-plant rollout.