MagneGas (MNGA) Receives Final Fuel Cylinders from Latest Order
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MagneGas Completes Purchase of 2,000 Additional Fuel Cylinders to Accommodate Accelerating Demand for MagneGas2®
September 26, 2016 8:01 AM EDTTAMPA, Florida, September 26, 2016 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA) a leading technology company that counts among its inventions a patented process that converts liquid and renewable liquid into MagneGas2® fuel, announced today that it has taken receipt of the final shipment of the previously announced purchase order for 2,000 fuel cylinders. This purchase was the result of a growing demand for MagneGas2® which has created a customer backlog.
The Company believes the additional demand is a direct result of its sales penetration into key vertical... More
MagneGas Successfully Completes Gasification System Construction for Expansion into Gulf Coast
September 22, 2016 8:01 AM EDTTAMPA, Florida, September 22, 2016 /PRNewswire/ --
MagneGas Corporation ("MagneGas" or the "Company") (MNGA) a leading technology company that counts among its inventions a patented process that converts renewable and waste liquids into MagneGas2® fuel, announced today that it has successfully completed construction of the Plasma-Arc Gasification system (the "System") that was previously announced as contracted for sale (the "Gasifier Agreement") to Green Arc Supply, LLC of Louisiana ("Green Arc").
Pursuant to the terms of the Gasifier Agreement, the Company has received a total of... More