Company Offers its Facility for Confidential #FeedstockTesting Services to Third Parties
PASO ROBLES, CA – February 24, 2015 – The transition from a promising bench-scale lab concept with minimum funding, to obtaining funding to prove out a feedstock in a full-scale operation, often requires a creative solution to reduce feasibility testing costs and technologies. Many concepts, like new methods of processing a feedstock into biofuel, never make it to market because commercial-scale proof-of-concept testing is out of reach. And until now, the more cost-effective option of testing new processes in an existing facility has not been available in a way that protects intellectual property. Not anymore.
After completing the first of a three-phased program assisting a new customer with this challenge – at a fraction of the cost to build their own system – Greenbelt Resources Corporation (OTC: GRCO), a producer of sustainable energy production systems, has 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.
Greenbelt’s recently completed client tests are the first of three phases. The initial phase occurred under the terms of a service contract and consisted of several initial fermentation batches of a promising new feedstock. The next phase will focus on distillation and dehydration of the converted feedstock and is expected to commence by the start of Q2. The final phase is anticipated to begin this summer and will continue into 2016. This initial testing project establishes the model on which future feedstock feasibility testing services are being offered.
“Many of our new customers and potential partners introduce new feedstocks, new feedstock processing techniques, or both. The design of the Greenbelt Resources facility allows for easy integration of their processes thus providing the capability to demonstrate commercial-scale processing of a multitude of feedstocks,” explains Darren Eng, CEO of Greenbelt Resources Corporation. “While our testing capabilities help validate customer processes, they also demonstrate the benefit of our modular system design, which takes advantage of local resources to locally produce sellable products. In fact, our system is especially beneficial in developing countries where all of the output products will add value to the community. We anticipate successful tests will lead to customer purchases of commercial-scale systems designed and built by Greenbelt Resources.”
About Greenbelt Resources Corporation
Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. The Company designs, develops and implements technology that makes the 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.
# # #
This press release does not constitute an offer of any securities for sale and contains certain forward-looking statements. For complete disclosure statements visit the Greenbelt Resources investors page.