MagneGas Corporation (NASDAQ:MNGA), the liquid waste-to-fuel specialist, said its cutting fuel is being used on the construction of two iconic hotels on Clearwater Beach, Florida.
Steel fabrication contractor and current MagneGas2 customer, Suwannee Iron Works & Fence, was brought in to help with the steel construction portion of the hotel projects. They specifically demanded MagneGas2 fuel for the job, Magnegas said, because of its unique properties, including cut speed and safety.
MagneGas converts various liquid wastes into hydrogen based fuels, which can be used instead of natural gas or for metal cutting. MagneGas2 will be used to prepare the steel for installation.
"Our customer requested MagneGas fuel primarily due to the speed of its cut, which means increased productivity, less grinding and steel work,” said Ermanno Santilli, chief executvie officer of MagneGas Corporsation.
“Suwannee Iron Works & Fence has been a long time customer and we are grateful to be part of these projects. This customer continues to come back to us for MagneGas fuel for their critical projects." Santilli said.