GREENBELT RESOURCES GREENLIGHTED FOR INDONESIAN "ECOLABEL" STATUS FOR TECHNOLOGY THAT HELPS ADDRESS $940 BILLION FOOD LOSS
July 19 2017 - 9:55AM
InvestorsHub NewsWire
Greenbelt Resources greenlighted for Indonesian Ecolabel status
for technology that helps address $940 Billion food loss
problem
PASO ROBLES, CA July 19, 2017 -- InvestorsHub
NewsWire-- The Indonesian governments Technical Committee on
Verification of Environmentally Friendly Technology has officially
recommended that Greenbelt Resources Corporation
(OTC: GRCO) be awarded Eco Friendly
Technology registration for its proprietary waste-to-energy systems
process ECOsystem technology. When awarded, the registration will
designate Greenbelts technology as environmentally friendly and
allow the company to showcase the countrys Ecolabel Logo. The registration will apply to all
food waste applications including the technologys use by fruit
juicers, breweries, produce harvesters, food distributors, wheat
and grain manufacturers, food manufacturers and more.
According to an article in the
Economic Times, author Asitava Sen writes, At $940 Billion
annually, food loss and waste is more than the entire GDP of
Indonesia. Sen states only 4% of the total investments in global
food and agriculture goes toward reducing food loss.
Proven technologies, such as ECOsystem, can immediately address
the food loss problem. This designated Eco Friendly Technology is
designed to convert food waste or food loss to valuable products
including high protein food sources, potable water and bioenergy.
Greenbelt CEO Darren Eng notes, Our ECOsystem technology, as
demonstrated with the pending registration, has already shown its
ability to economically reduce food loss while adding additional
revenue streams.
Receiving this endorsement validates our technology and provides
more opportunities for Greenbelt, says Eng. A difficult
registration to secure, once received it gives Indonesian companies
confidence in emerging technologies - in essence, the government
will have verified our technology works the way we say it does. As
such, we anticipate greater market interest and increased sales. We
look forward to growing our business relationships in
Indonesia.
Notably, Greenbelt previously signed an MOU with PT Jababeka
Infrastruktur, to deploy Greenbelts signature ECOsystem
technology in a project dubbed JababECO. The first U.S Indonesia
municipal waste-to-bioproducts project of its kind officially broke ground as part
of the closing ceremonies for the Jababeka ECOweek in May.
Recently, a representative from Jababeka visited Greenbelt
headquarters to tour its Commercial Scale Testing
Facility in Paso Robles, CA to observe the technology in
operation.
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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, Greenbelts 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
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.
Contact:
Darren Eng, CEO Greenbelt Resources Corporation
888-995-GRCO (4726 x 101)
darren@greenbeltresources.com
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