VANCOUVER, BC / ACCESSWIRE / July 20, 2017 / Cielo Waste Solutions Corp. ("Cielo" or the "Company") (CSE: CMC) is pleased to announce the hiring of Kwik-Fab Energy Services to dismantle the Company's demonstration plant in Red Deer, AB. and transport it 200 km south to LynCorp Manufacturing's state-of-the-art fabrication shop in Aldersyde, AB. LynCorp will then be making the necessary modifications to convert the 50 liter an hour batch process demonstration plant into a 350 liter an hour continuous flow refinery that will be capable of producing high grade renewable diesel. Once the modifications are complete, the equipment will be transported a further 5 kilometers south to Cielo's recently acquired property in High River, AB, where the idle bio-diesel facility will be converted into one of the world's greenest high grade renewable fuel refinery that will use garbage-derived feedstocks such as sorted municipal waste, plastics, wood waste, tires, agriculture wastes and other cellulous materials as feedstocks, some of which will have negative acquisition costs.
Cielo also announces that, having recently received its Development Permit from the MD of Foothills #31, the Company has now applied for the more complex building permit from the Government of Alberta. Cielo is now working closely with the government's representatives, who are assisting the Company in moving the approval process forward.
Cielo's President and CEO, Don Allan, stated, "This is the real kick off for construction. While our demonstration plant has validated that our catalysts and feedstocks will be able to produce high grade renewable diesel, it is now time to implement the changes to the plant that will facilitate us being able to start commercial production. Once we validate that we can produce high grade renewable diesel on a continuous flow basis, we will scale up the size of our refineries and build multiple modular refineries offsetting landfills and other feedstock supplies."
About Cielo Waste Solutions Corp.
Cielo Waste Solutions Corp. is a British Columbia based public company with operations in Alberta, Canada. Cielo's shares are listed to trade on the Canadian Securities Exchange ("CSE") under the symbol "CMC." Cielo is working on commercializing a game-changing technology that can convert multiple different waste streams into renewable diesel, at a much lower cost than biofuel companies. Landfills are one of the world's leading contributors to Green House Gas emissions and are projected to double in size over the next 7 years. Cielo's proprietary technology can resolve this crisis, on a cost-effective basis, by converting multiple different feedstocks, including sorted municipal solid waste (garbage), wood and agriculture waste, tires, blue-box waste, all plastics, and virtually any other cellulous waste product into high grade renewable diesel.
For more information, please contact:
Cielo Waste Solutions Corp.
Don Allan, President & CEO
(403) 348-2972 Ext. 2
[email protected]
www.cielows.com
Cautionary Note Regarding Forward-looking Statements
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate," "achieve," "could," "believe," "plan," "intend," "objective," "continuous," "ongoing," "estimate," "outlook," "expect," "may," "will," "project," "should" or similar words, including negatives thereof, suggesting future outcomes.
Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the grocery industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
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SOURCE: Cielo Waste Solutions Corp.