USPTO Issues Altranex Corporation’s First Patent
FOR IMMEDIATE RELEASE – Kingston, ON – Altranex has received notification from the United States Patent & Trademark Office that its first Patent has been issued. Patent 8,961,775 was issued on February 24, 2015 and holds a priority date of February 1, 2011.
“The issuance of this patent validates the novel technical approach that Altranex has developed to transform biologically derived oils and fats into high performance lubricants (Altra-BASE™),” said Chad Joshi, Co-Founder & CEO. “In independent evaluations by international motor oil producers, Altra-BASE exhibits performance characteristics of synthetic motor oils but can be produced from multiple low-cost renewable sources less expensively than existing synthetic, petroleum-based motor oils. This process offers a much higher value use of feedstock typically used for bio-diesel”.
“Altra-BASE is a bio-based substitute for petro-chemicals where the performance actually exceeds the product being replaced,” said Glenn Horner, Co-Founder. “And in addition to exceptional performance, Altra-BASE has a lower carbon footprint than petroleum-based lubricants.”
About Altranex Corporation
Altranex is a Kingston-Ontario-based developer and marketer of high quality renewable chemical including lubricating base oil, shipping fuel, and chemicals for producing polymers/plastics and other industrial products.
Contact Altranex Corporation Chad Joshi, CEO 945 Princess Street Kingston, ON K7L 0E9 Canada: 1 613-767-9285 USA: 1 978-259-0100 firstname.lastname@example.org