Taronis Fuels Completes Turkey JV Incorporation
TARONIS TECHNOLOGIES INC (TRNX)
Last taronis technologies inc earnings: 5/20 05:28 pm
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Source: GlobeNewswire
Formal Contract Signing Event Scheduled in Ankara PHOENIX, AZ, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc., (“Taronis” or “the Company”) (NASDAQ: TRNX), a sustainability technologies company, today announced that the Company, together with its former subsidiary, Taronis Fuels, have successfully completed all of the requirements to form Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Sirketi, a joint venture between Taronis Fuels and a commercial consortium based in Ankara. The purpose of the joint venture will be to serve the $200 million metal cutting fuel industry of Turkey using Taronis’ patented submerged plasma arc gasification technology, which produces the only renewable metal cutting fuel on the market today. With the successful completion of all government requirements, the executive team of Taronis Fuels has been formally invited to a series of Cabinet-level meetings, culminating with an executive meeting where the signing
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