GlyEco, Inc. develops, manufactures and distributes performance fluids for the automotive, commercial and industrial markets. The company specializes in coolants, additives and complementary fluids. The company’s network of facilities, develop, manufacture and distribute products that meet or exceed industry quality standards, including a spectrum of ready to use antifreezes and additive packages for the antifreeze/coolant, gas patch coolants and heat transfer fluid industries, throughout North America. Segments The company operates through two segments, Consumer and the Industrial. Consumer The Consumer segment’s principal business activity is the production and distribution of ASTM (American Society for Testing Materials) grade glycol products, specifically automotive antifreeze and specialty-blended antifreeze, for sale into the automotive and industrial end markets. The Consumer segment operates a full lifecycle business, picking up waste antifreeze and producing finished antifreeze from both recycled and virgin glycol sources. The company operates six processing and distribution centers located in the eastern region of the United States. The production capacity of the Consumer segment is approximately 90,000 gallons per month of ready to use (50/50) antifreeze. This segment has processing and distribution centers located in Minneapolis, Minnesota, Indianapolis, Indiana, Lakeland, Florida, Rock Hill, South Carolina, Tea, South Dakota, and Landover, Maryland. The Minneapolis, Minnesota, Lakeland, Florida, Rock Hill, South Carolina and Tea, South Dakota facilities have distillation equipment and operations for recycling waste glycol streams, as well as blending equipment and operations for mixing glycol and other chemicals to produce finished products for sale to third party customers, while the Indianapolis, Indiana and Landover, Maryland facilities have blending equipment and operations for mixing glycol and other chemicals to produce finished products for sale to third party customers. Its processing and distribution centers utilize a fleet of trucks to deliver glycol products directly to retail end users at their storefronts, which is typically 50-100 gallons per customer order and to collect waste material for processing at its facilities. The company directly services approximately 5,000 customers. The company supplements its collected and processed glycol with new or virgin glycol that it purchases in bulk from various suppliers. In addition to its retail end users, it sells its recycled products to wholesale or bulk distributors who, in turn, sell to retail end users specifically as automotive or specialty blended antifreeze. The company has deployed its technology and processes across its six processing and distribution centers, allowing for handling of waste streams, application of its processing technology and Quality Control & Assurance Program (QC&A Program), sales of glycol products, and data systems allowing for tracking, training, and further development of its products and service. The company’s Consumer segment product offerings include: Antifreeze/Coolant: The company formulates various antifreeze products to meet ASTM and/or original equipment manufacturers (OEM) manufacturer specifications for engine coolants. In addition, the company customs blend antifreeze to customer specifications. Heating, Ventilation and Air Conditioning (HVAC) Fluids: The company formulates HVAC coolants to meet ASTM and/or OEM manufacturer specifications for HVAC fluids. In addition, it customs blend HVAC coolants to customer specifications. Waste Glycol Disposal Services: Utilizing its fleet of collection/delivery trucks, the company collects waste glycol from generators for recycling. It coordinates large batches of waste glycol to be picked up from generators and delivered to its processing and distribution centers for recycling or in some cases to be safely disposed. The company sells and delivers all of its products in bulk containers (55 gallon barrels, 250 gallon totes, etc.) or variable metered bulk quantities. The company’s patented technology removes difficult pollutants,
glyeco inc (GLYE:OTC US)
PO Box 387
Institute, WV 25112
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