MONROVIA, IND. - December 5, 2011 - The Indiana Department of Environmental Management (IDEM) has selected Prosperity Ag & Energy Resources' client, Perpetual Recycling Solutions, LLC. for the Recycling Market Development Program (RMDP) Grant. Perpetual Recycling Solutions, LLC. was selected to receive $50,000 to purchase and install recycling equipment at their newly acquired facility in Richmond, Ind.

Perpetual Recycling Solutions plans to purchase and install sorters for separating 100 million pounds of incoming bales of post-consumer PET food and beverage containers that will be converted into 75 million pounds of FDA LNO food grade plastic resin for sale back into the container and other industries.

The Recycling Market Development Program releases funding yearly for grants and aid private businesses purchase equipment specifically needed to remanufacture recyclable materials into finished products or industrial feedstocks. For more information on the program, visit http://www.in.gov/recycle/5745.htm.

Prosperity Ag and Energy Resources began in 2007 and is a full service, funding-opportunities development firm. Prosperity focuses on grant writing, guaranteed loans and general grant administration, working closely with state and federal agency contacts. Prosperity endeavors to strengthen communities, empower entrepreneurs and foster growth of farms and businesses. More information can be found at www.prosperityagenergy.com.    

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