Taronis Technologies, Inc. announced that the Company, together with Taronis Fuels, have successfully completed all of the requirements to form Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Sirketi, a joint venture between Taronis Fuels and a commercial consortium based in Ankara. The purpose of the joint venture will be to serve the $200 million metal cutting fuel industry of Turkey using Taronis' patented submerged plasma arc gasification technology, which produces the only renewable metal cutting fuel on the market. With the successful completion of all government requirements, the executive team of Taronis Fuels has been formally invited to a series of Cabinet-level meetings, culminating with an executive meeting where the signing of critical government pronouncements is scheduled for next week.

The event will be filmed by a London based film crew for broad Western coverage, as well as the local media, which will be viewed by an international audience within the region of more than 250 million viewers.