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The founder of Calumet-based ZiTechnologies Inc. is meeting with potential investors to raise the money he needs make the torrefaction process profitable.
Stas Zinchik has proved that his company could turn nonrecyclable plastic into small pellets that can be burned to generate a surprisingly clean source of electricity. Now, the founder of Calumet, Mich.-based ZiTechnologies Inc. is meeting with potential investors to raise the money he needs to ramp up production and make the process profitable.