COLDSPRING, Texas, March 17, 2014 (GLOBE NEWSWIRE) -- BenchMark Energy Corp. (OTC Pink:BMRK), a refiner and supplier of Glycerin for commercial processes, announced it will include propylene glycol in its available product line.
Propylene Glycol is used as a chemical feedstock for the production of unsaturated polyester resins as well as to produce polyurethanes. It is considered to be safe for use in and around food by the U.S. Food and Drug Administration and is used as a humectant, a solvent and preservative in food and for tobacco products (it is also a major ingredient in electronic cigarettes, along with glycerin).
Propylene Glycol is used as a solvent in many pharmaceuticals such as diazepam and lorazepam. Propylene Glycol is able to lower the freezing point of water and so in addition to being a main component in BenchMark's Timberline antifreeze, it is also used in applications related to de-icing, as an oil dispersant and is present in the vapor used in vaporizers.
Mark Bateman, the CEO of BenchMark Energy Corp. commented, "The Company is very excited to be able to add Propylene Glycol to the growing list of our available products. We believe that Propylene Glycol is an important building block in numerous applications and will be in high demand here in the United States as well as internationally."
As of March 01, 2014, the Company had approximately 23.5 million common shares issued and outstanding, with a public float of around 1.1 million shares.
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ABOUT BENCHMARK ENERGY CORPORATION
"BenchMark Energy Corporation (OTC Pink:BMRK) is the source for glycerin and related refined components, providing value through our industry knowledge." – Our mission statement starts the story, but the rest is available at http://benchmarkenergy.com.
SAFE HARBOR STATEMENTS
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
CONTACT: INVESTOR RELATIONS Ashlee Guzman Phone: (832) 691-0011 Email: email@example.com
Source:BenchMark Energy Corporation