MagneGas headquarters undamaged during Hurricane Irma

MagneGas Corp., the creators of a process that converts various renewables and liquid wastes into alternative fuels and fuels for metal cutting headquartered in Clearwater, Florida, announced that all personnel are accounted for and the company's properties and equipment appear to have escaped damage. The company announced it expects to restart operations in the upcoming days, depending on local and state authorities' efforts to assess damage and re-open roads.

"We would like to thank the local and state authorities as well as the police, fire and rescue services for putting themselves in harm's way to save lives and rescue the vulnerable and weary. With over 60 percent of Florida or 6.5 million homes in Florida without power, our state has much cleanup and rebuilding to urgently perform. The MagneGas team is very experienced in demolition and rebuilding, and stands ready to provide its expertise and resources in this time of need," says Ermanno Santilli, MagneGas CEO. "We also extend our sympathies to those in the Caribbean most devastated by the storm and plan to donate a portion of our production to help in rescue and rebuilding operations. The whole MagneGas family is heartbroken by the affects Irma had on our great state, our country and families throughout the Caribbean, and we are eager to help in any way possible."