PASO ROBLES, CA – June 27, 2018 – Greenbelt Resources Corporation’s (OTC: GRCO) (Greenbelt) ECOsystem model received interest from participants of multiple Cooperation Conferences in China earlier this month when CEO Darren Eng represented Greenbelt at the invitation of China’s Innovation Center for Energy and Transportation as part of a multicity touring delegation.
During one-on-one meetings, Attendees of the both Tianjin International Energy & Environment Cooperation Conference and the China-U.S. Investment Cooperation Conference expressed direct interest in Greenbelt’s expertise in delivering a sustainable ECOsystem model that transforms agricultural biomass into revenue generating bioproducts such as high protein animal feed and bioethanol.
Greenbelt has previously received particular recognition in the Asian region, with Greenbelt’s technology having received certified Ecolabel status by the Indonesian Ministry of Environment and Forestry.
The stated goal of the Cooperation Conferences in China is to foster collaboration and financial support for sustainable and environmentally beneficial technologies and business. One of the largest sponsors of the Tianjin conference was Sponge City Investment Shares Company (Sponge City). Sponge City has multiple initiatives, which include an industrial park and ecofriendly land development and is an incubator of environmentally focused companies. Sponge Cities hosted a round table providing an opportunity for the U.S. delegation, which included CEO Eng, to learn about, interact with, and explore potential relationships with the leadership of each of the incubator companies.
“Thanks to the U.S.-China Clean Tech Center who organized the delegation,” noted Greenbelt CEO Darren Eng, “Greenbelt now has the potential opportunity to provide its expertise in collaboration and cooperation with a wide range of entities in China, including influential real estate developers, government agencies in charge of sustainable and commercial regional development, industrial parks, environmental engineering firms, other environmentally focused companies and an existing ethanol producer. I expect to further discussions and negotiations over the coming weeks and months.”
“Based on the breadth of potential cooperative relationships presented to Greenbelt, there are a myriad of ways Greenbelt’s technology and expertise can enhance the ability of interested parties to achieve their sustainability goals and address China’s ethanol mandate ” Eng concluded. A delegation summary report of Greenbelt’s presence in China has been posted to the Greenbelt website.
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.com.
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.