GARB Oil & Power Corp has Signed Definitive Agreement and has Formed a JV Partnership in Italy to Build and Operate a 25, 000 Metric Ton E-Waste Recycling Plant

SALT LAKE CITY, Oct. 27, 2011 /PRNewswire/ -- Garb Oil & Power Corporation (OTCQB: GARB.PINK) has formed a JV partnership in Italy to build and operate an E-Waste plant. The plant will have 25,000 metric tons input and produce output in Copper, Aluminum, Alloys and Plastic. Once operational the plant will provide estimated revenues in excess of euro 11,000,000 ($15,400,000) and EBITA in excess of euro 6,000,000 ($8,400,000) per year of operation. All raw materials will be on sold to local entities f...continued GARB  scrap corporation recyclenet

URL: http://www.investorpoint.com/news/INTHPINK/45602949/