Two New Customer Wastes Identified as Viable Feedstocks
PASO ROBLES, CA – September 21, 2015 – Earlier this year Greenbelt Resources Corporation (OTC: GRCO), a producer of sustainable energy production systems, launched an innovative program offering use of its operating commercial-scale facility to third parties for feedstock feasibility testing services. The services are available confidentially for all customers and address sensitivities regarding customer IP rights and other waste management issues. Today, during their event titled “The Economy of Scale: Local Scale” held in Clarion, Iowa, the company announced their feedstock testing program is a success.
“As global leaders in their respective industries, our new customers interested in our confidential feedstock testing program have been coming to us with a desire to create value from their wastes.” said Darren Eng, CEO of Greenbelt Resources Corporation. “Results of separate testing on two distinct feedstocks have confirmed their viability for value-generating conversion by a Greenbelt system.”
Both of the confirmed feedstocks are considered agricultural wastes. The customers generate the wastes post-harvest as their raw products (typically fruits or nuts) are processed into the consumable goods. Most of the wastes recently contracted for Greenbelt testing consist of the fruit around the nut (hull, pulp or husk) or the undesirable part of the fruit (such as the rind or husk).
Confirming viability is more than simply proving ability to convert the material. Determining viability answers the question: Will the value of the products produced as a result of the conversion more than justify the capital expenditure and operating cost of the conversion?
Greenbelt’s recently completed client tests have been occurring under the terms of a service contract. The next phase focuses on generating specific data for the sole purpose of determining nuances of system design.
About Greenbelt Resources Corporation
Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable localized processing of locally generated waste into locally consumed products. The Company designs, develops and implements technology that makes production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, the Company’s small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bio-ethanol), animal feed, fertilizer and filtered water. For more information visit www.greenbeltresources.com or the company’s LinkedIn page.
This press release does not constitute an offer of any securities for sale and contains certain forward-looking statements. For full disclosure statement, visit the investor page at the Greenbelt Resources website.