PASO ROBLES, CA – May 8, 2018 – Greenbelt Resources Corporation (OTC:GRCO) (Greenbelt), the developer and provider of a sustainable ECOsystem model that transforms waste into bio-ethanol, today announced that CEO Darren Eng will visit China this month by special letter invitation to assist in enhancing the domestic production capacity up to the over four billion gallons of ethanol required to meet a mandate of the Chinese Government.
“The demand for biofuels in China is growing rapidly as are Chinese concerns for impacts on the environment. Our technology can help the right parties solve two immediate problems: the need for bioethanol as biofuel and the food waste issue,” says Mr. Eng. Adding with emphasis, “This is especially true at a time when China may not be importing needed ethanol from the United States.” Greenbelt technology can create a local supply of ethanol from locally available wastes. As part of a sponsored delegation, Greenbelt will be presenting their technology and meeting with local governments and businesses in Beijing, Tianjin, Guangdong Province, Foshan, Guangzhou and Zhuhai.
The trip is paid for and sponsored by www.USChinaCleantech.org, (“UCCTC”) a joint-partnership program between the Innovation Center for Energy and Transportation and the U.S. Department of Commerce – International Trade Administration dedicated to accelerating trade and investment in U.S. clean energy and environmental protection technologies and best practices to China. Since 2012, UCCTC has been bringing together important leaders from leading companies and the sustainability field to network, conduct business, promote and seek out new clean technologies to shape the future.
Greenbelt has had prior success in the Pacific Rim. Last year Greenbelt commissioned a commercial system in New South Wales, Australia that converts wheat processing waste into ethanol, and it received Ecolabel certification from the Indonesian Ministry of the Environment.
About Greenbelt Resources
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. Greenbelt designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, Greenbelt’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.
Forward-Looking Statements & Safe Harbor
This document includes certain statements, predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the supply and demand for biofuels, our ability to remain technologically competitive and other economic, competitive and technological factors involving the Company’s operations, markets, services, products and prices.