MagneGas Corporation, an alternative energy company, creates and produces hydrogen based fuel through the gasification of liquid and liquid waste in the United States and internationally. It offers MagneGas2, a hydrogen-based fuel for metal cutting as an alternative to acetylene. The company also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2. In addition, it sells and licenses the plasma arc technology for the processing of liquid waste. The company also distributes MagneGas2, as well as other gases and welding supplies through retail locations. MagneGas Corporation was founded in 2007 and is headquartered in Clearwater, Florida.