Greenbelt Resources Selected to Provide Commercial Scale Waste-to-Ethanol System for Standard Ethanol in Australia
December 11 2013 - 10:30AM
Business Wire
Greenbelt Resources Corporation (OTC: GRCO), an innovator of
sustainable energy production systems, announces its selection by
Standard Ethanol Pty. Ltd., an Australian company, to design and
deliver an end-to-end, commercial-scale advanced biofuel system for
converting wheat feedstock to ethanol and organic fertilizer.
Typically designed to enable beverage producers and agri-businesses
to locally recycle organic wastes into usable products, the
customized modular system for Standard Ethanol will include
proprietary distillation and dehydration modules and a plant-wide
implementation of automated process controls. This
commercially-viable system, designed to produce fertilizer and 0.5
million gallons per year (MMGY) fuel-grade ethanol, is scheduled
for delivery in 2014.
Standard Ethanol conducted a worldwide search over a four year
period that included visits to the Greenbelt Paso Plant in Paso
Robles, California, and to the Stan Mayfield Biofuel Center at the
University of Florida, where a distillation module purchased by the
university is currently in operation. Standard Ethanol selected
Greenbelt Resources as the best technology partner based on
verifiable experience, high-quality workmanship and a reputation
for delivering performance outcomes which exceed expectations. The
system will recycle wheat and the company plans to use the ethanol
to fuel its own irrigation pumps and vehicles or sell it within the
local community.
“After an international search, choosing Greenbelt Resources as
the partner for developing our bioenergy facility came easily due
to their impressive technology and versatile business model,” said
Larry Walsh, Director, Standard Ethanol Pty Ltd. “By adding this
system we will gain added value from lower grades of wheat while we
also begin to achieve a measure of local energy independence.”
“This system design will prove that converting waste to
bioenergy is a profitable endeavor for our industry and the
customers we serve,” said Darren Eng, CEO of Greenbelt Resources
Corporation. “The management team leading the effort at Standard
Ethanol has a strong track record for executing on visionary
business innovations and their contract with us is an important
validation of our technology and expertise.”
The directors of Standard Ethanol were recently involved in
completing another large venture in Australia with the construction
of a fully operational cotton gin. Projected cost to operate the
system from Greenbelt Resources is estimated to be below one dollar
per gallon of biofuel produced.
About Standard Ethanol Pty Ltd
Standard Ethanol produces ethanol from lower grades of wheat
crops. The owners have a keen interest in renewable fuel and
gaining value added benefits from their own production.
About Greenbelt Resources Corporation
Greenbelt Resources Corporation™ designs,
develops and implements technology that makes the production of
alternative fuel reliable, practical, and efficient. The company
delivers business solutions with integrity and perpetually high
quality control through intelligent support services. Greenbelt
Resources' subsidiary, Diversified Ethanol Corporation™, provides
end-to-end waste-to-ethanol solutions designed for localized
processing of locally generated waste into locally consumed
ethanol. The company's ethanol plants are built around the award
winning Butterfield Closed Cycle System™. For more information
including how to contact the company, visit Greenbelt Resources on
the web at www.greenbeltresources.com.
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.
Greenbelt Resources Corp.Darren Eng, CEO(888) 995-GRCO (4726)
x101darren@greenbeltresources.comorInfluence99Amelia J-Lewis, PR
Counsel(503) 703-7894ameliajl@influence99.com
Greenbelt Resources (CE) (USOTC:GRCO)
Historical Stock Chart
From Apr 2024 to May 2024
Greenbelt Resources (CE) (USOTC:GRCO)
Historical Stock Chart
From May 2023 to May 2024
