In December 1996, Andrea Rossi, without a penny, emigrated to the USA employed in a company specialized in systems that derive energy from biomass, the Bio Development Corporation, Bedford, New Hampshire.
After what happened, everything was closed and seized, as easy to understand, banks would not only refuse to grant any form of credit to companies, but also demanded the immediate return of all the granted amount, credits that helped to fund the research, experiments, construction of machinery and equipment, it’s easy to calculate thinking about the exponential growth of the activity and the need of funds to finance this significant expansion. Leggi la presentazione(7. January 2011)
Suddenly, according to Italian law, the materials used by Petroldragon for the production of fuel oil from secondary materials became materials to be wasted, as a consequence, Petroldragon that did not have permits for waste treatment, was considered an illegal activity; the same happens to the Petroldragon final products, previously considered fuel oil, now waste. As a consequence, Omar refinery supply of raw material was stopped, die to missing waste treatment authorizations, and the company was considered outlawed. Leggi la presentazione(7. January 2011)
Due to this unexpected “legislative u-turn” of the Italian government, by which an activity, in which this state had always regular checking and quantificated taxes was suddenly declared illegal, by strange coincidence Omar Petroldragon establishments,find themselves to face a strong political/social alliance that declares Ing. Andrea Rossi an environmental polluter and tax evader. Leggi la presentazione(15. April 2010)
Until 1987 the waste treated by Petroldragon for the production of fuel oil, was considered second matter, this means waste from processing of raw materials or other materials resulting from the recovery and recycling of waste, all products that comes out from these materials did not need any permission for waste disposal. Leggi la presentazione(24. March 2010)
Petroldragon work in crude oil production and Omar refining of the final products, allowed Ing. Andrea Rossi to start thinking to realize a dream: the creation of a fuel product similar to that of motor vehicle that had so power and importance among energy sources in the Italian economy. Leggi la presentazione(16. February 2010)
To ensure a continuous supply of such raw material (waste), the Petroldragon issued a complex supply network, stipulating contracts with the main Italian companies that produced large amount of waste that, in type and quality, best suited the transformation processes created by Andrea Rossi. Leggi la presentazione(12. February 2010)
From the beginning, Rossi’s invention permitted to transform organic waste into oil, which sold to companies specialized in refining, allowed to get commonly used products such as fuel oils and solvents. Therefore Petroldragon typical customers were always represented by refineries.