Envion stands for "Environmental Vision", and this is reflected throughout Envion's mission - to help solve the greatest environmental and resource management challenges facing the world today.
Envion addresses and helps solve issues with plastic waste management (landfill capacity shortage, recycling, incineration, and dumping), petroleum reserve depletion, greenhouse gas emission, and fossil fuel conservation.
  According to the Environmental Protection Agency, the United States generated over 413 million tons of waste in 2006, of which over 11.7% (48 million tons) was plastic waste. This plastic waste production rate is expected to grow over 7% annually, indicating that waste and plastic waste disposal methods will face increasing challenges.
Today plastic waste is incinerated, dumped into the oceans, recycled, or put into landfills. Most of these methods of waste disposal have been encountering increasing consumer, political, and regulatory resistance.
  Current plastic waste management techniques face a host of challenges including the adverse environmental effects of plastic waste combustion and ocean dumping, the not-in-my-backyard ("NIMBY") effect with respect to landfill expansion, creation and permitting, and low consumer/industry recycling participation rates. Unfortunately, these setbacks coincide with an exponentially growing plastic waste problem as global consumption of plastic continues to not only increase, but also accelerate.
Based on data collected on a state-by-state basis from BioCycle, it is estimated that the actual plastic waste recycling rate in the United States is below a 4% average; a mere 2 million tons. This leaves more than 46 million tons of plastic waste to find a home in incinerators, oceans, and landfills, contributing to further environmental devastation.
  In 2007, over 40% of the U.S. population still did not have access to curbside recycling collection systems. Other factors to consider include the non-recyclability of mixed plastic waste types, difficulty capturing "on-the-go" containers, and the lack of homogeneous standardized plastic waste recycling streams.
The dominant waste management companies have long been criticized for their failure to abandon outdated approaches to waste management and their failure to research, develop, and embrace new technologies. The industry is particularly criticized for its current disposal methods of plastic waste (such as PET and HDPE) as it not only has a long lifespan in landfills, but may also present unforeseen long term negative environmental impact.
  Waste management continues to be an industry where waste is not truly managed, but is merely collected, transported, and dumped. At best, waste is committed to waste-to-energy conversion, with minimal recycling, source reduction, or reuse.
With the rapidly increasing consumption of oil and plastic, and the associated increase in the production of plastic waste, the development of the Envion plastic waste to oil technology is not an option – it is a clear necessity for continued survival. Envion has developed the technological capabilities and the business methodologies necessary to monetize the plastic waste to resource gap thereby aligning waste management industry capabilities with government and consumer expectations.
Breakthrough proprietary energy recapture technology capable of converting plastic waste into oil products
Highly scalable and cost effective design
Proprietary technology that is market-ready for worldwide deployment
Achieving the final commercial stage of the product development lifecycle (being prepared for market launch)
A rapidly emerging waste to energy market with substantial technological barriers to entry and first mover advantage
Envion's source material consists of abundantly available plastic waste feedstock.
  Envion uses a proprietary technology that was developed over one and a half decades. This technology has been incorporated into a commercial unit that has undergone years of testing culminating in a successful demonstration of the market-ready Envion Oil Generator™ to the global community.
The Envion Oil Generator™ operates in full compliance with EPA regulations.
  Today, there is no single cross-platform entity that can provide a commercially viable and comprehensive solution to the plastic waste management, climate change, and fossil fuel supply problem.
Envion's principal activities will focus on production, as well as ongoing R&D dedicated to advancing the efficiency and range of applications of the Envion technology. Once the desired technologies and manufacturing processes have been applied, Envion has the potential to develop into one of the fastest growing companies in the world, strategically positioned at the intersection of the renewable energy and waste management industries.
 

The Company is headquartered in Washington, D.C. and possesses manufacturing, engineering, and R&D capabilities in China and South Korea, with final assembly performed in the U.S.

The Envion Oil Generator™ units will be available for commercial purchase beginning in the third quarter of 2009.