Here's another company looking to open a plant in Georgia....

NewGen Subsidiary ACTANOL Acquires IPF Group with over
$30 million in Annual Revenue

Current IPF clients include Audi, BASF, BMW, Corning, DiamlerChrysler, GM and Volkswagen.
Acquisition brings significant international experience, credibility, quality assurance and revenue

CHARLOTTE, NC, September 5, 2006 – NewGen Technologies, Inc. (“NewGen”) (OTCBB: NWGN), today announced that its ACTANOL BioEngineering Inc. (“ACTANOL”) subsidiary has acquired 98.8% of Germany based IPF Germany Gmbh (“IPF”) and its international subsidiaries in the United States, Poland and India. ACTANOL paid approximately US$650,000 in cash and approximately 3% of its outstanding shares to acquire its interest in IPF.

ACTANOL was formed as a joint venture between NewGen Technologies and ACTANOL Service Ltd., which is a provider of alternative energy and biofuel plant solutions, to oversee the design, engineering, construction, operations, safety and technology support for biodiesel and other biofuel manufacturing plants worldwide. ACTANOL Service Ltd. is based in Munich, Germany and has vast experience designing and operating various types of manufacturing plants and related infrastructure in the biofuel, pharmaceutical and petrochemical industries. NewGen owns 60% of ACTANOL BioEngineering Inc.

IPF is a name synonymous with premiere quality engineering, project management, logistical support and coordination. The company has been involved in more than 700 projects in over 20 countries during the past 30 years. IPF has a highly-skilled force of 45 engineers with experience in all levels of project management, factory design, engineering and logistics coordination. Some of the current IPF clients include Audi, BASF, BMW, Corning, DaimlerChrysler, Dynamit Nobel, General Motors, Hyundai and Volkswagen. In 2005, the group posted total revenue in excess of $30 million.

“We are excited to bring this vast engineering resource in house, complementing ACTANOL’s existing know-how and increasing the build efficiencies for our biofuel projects,” stated Dr Carsten Witt, President of ACTANOL BioEngineering Inc “IPF is a great addition to ACTANOL and to NewGen.”

“IPF brings enormous engineering expertise and quality. As a result, we are now well positioned to build some of the best biofuel facilities in the world,” stated S. Bruce Wunner, CEO of NewGen. “NewGen, while continuing to make progress towards activating its U.S. fuel terminals will immediately benefit from IPF’s knowledge, expertise and relationships. Working together, we are very optimistic about our future.”

About IPF
Since its foundation in the early 1970’s, The IPF Group, headquartered in Friedrichsdorf/Taunus, Germany has become a significant force in the engineering world. The company is a leading enterprise in engineering, planning, and manufacturing design, having completed hundreds of projects for national and international businesses and organizations.

Additional information can be found at www.ip-fischer.de

About NewGen Technologies, Inc.
NewGen's mission is to be a leading manufacturer, processor and distributor of premium biofuels that are intended to dramatically reduce the ecological and economic impact of world petroleum use. NewGen believes that it has developed the cleanest burning and highest performing fuels in the world by utilizing technology that allows for more complete combustion, which NewGen believes will result in improved miles per gallon and significantly decreased harmful emissions, including reduced carbon monoxide, carbon dioxide, nitrous oxides, particulates and black smoke. The company's fuel products include proprietary and complex technology, substantially and predominantly derived from petroleum sources, which are intended to improve the performance of gasoline and diesel fuels, as well as domestically-produced and environmentally-friendly alternative fuels such as Ethanol-based E85 and Biodiesel-based B20. The vision of NewGen and ReFuel America, NewGen's wholly-owned U.S. subsidiary, is a world less dependent on oil, using secure, homegrown fuels which better preserve our most important resources – the air we breathe and water we drink.

Additional information can be found at the company's websites:
www.newgenholdings.com, www.refuelamerica.com, and www.actanolbio.com

Investor Information -- To request investor information and attend online corporate meetings, please visit our website at: http://www.b2i.us/irpass.asp?BzID=1316&to=ea&s=0


Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of NWGN could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company’s operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.

this article seems to me more a marketing tool than a technical document
even Geoplasma website does not show any plant, any project or plasma torch
how many watt would it produce?
what kind of torch will be used for?
how could they afford the problems due to mixing waste varieties?

Hello DM, thanks for the questions. I agree with you that no technical information was presented in the blog. I tried contacting Geoplasma through but they have not responded accordingly. The report came from a credible news team and I was reporting the development through a less formal medium, which is this blog.

As for the quality of the fuel, I assume that there will be some segration to maximize the heating content of garbage (kitchen wastes and other wet biomass contribute little to energy generation due to the water that needs to be expelled first before the dry matter can be burned).

As for the torch used, within a boiler system (for steam generation) a high pressure (60 bars for example) will be enough to generate heat high enough to burn garbage effectively.

Will post more information about geoplasma when i get more info. thanks!

Thank you Reden. I found some more articles on this plant but the information are confused. Someone says they will destroy 300 ton per day, generating 120MW, someone else says they will generate 12MW per day. I know that many firms have tried to project plasma gasifiers but actually there are only few pilot or small plant working in Japan and in France. I believe this technology could really change the waste treatment scenario but, in my opinion, it would take some more time before it could happen. Neverthless, I hope that Geoplasma could make the first important step.

Thank you Reden. I found some more articles on this plant but the information are confused. Someone says they will destroy 300 ton per day, generating 120MW, someone else says it will generate 12MW per day. I know that many firms have tried to project plasma gasifiers but actually there are only few pilot or small plant working in Japan and in France. I believe this technology could really change the waste treatment scenario but, in my opinion, it would take some more time before it could happen. Neverthless, I hope that Geoplasma could make the first important step.