MagneGas Forms Subsidiary JV with Confidential Partner

MagneGas (NASDAQ: MNGA ) forms a subsidiary joint venture with a confidential party. Supplemental Energy Solutions LLC, a 50-50 Joint Venture, was formed between MagneGas Corporation and a confidential partner from the United States on January 16th, 2014 to pursue coal co-combustion solutions in electric power utility companies.