Bion to Develop Sustainable Beef Production Demonstration Facility
September 28 2021 - 3:56PM
InvestorsHub NewsWire
Bion to Develop Sustainable Beef Production Demonstration
Facility
New York, New York -- September 28, 2021 --
InvestorsHub NewsWire -- Bion Environmental
Technologies, Inc. (OTC
QB: BNET), a developer of advanced livestock waste treatment
technology that largely mitigates environmental impacts and
recovers high-value coproducts, announced it has executed a lease
for a site near Fair Oaks, Indiana, where Bion will develop a
sustainable and/or organic grain-finished beef production facility
that will include its first third-generation waste treatment
technology (3G Tech) platform at commercial scale.
The facility is being built as the next step in Bion's
development of a sustainable grain-finished (vs solely 'grass-fed')
beef product line, consisting of both conventional and organic beef
products. Bion's patented 3G Tech platform will provide resource
recovery and verified waste treatment, including dramatic
reductions in carbon and nutrient/water footprints, as well as
pathogens linked to foodborne illnesses and antibiotic resistance.
The facility will be designed to feed approximately 300 head of
beef cattle in state-of-the-art covered barns that can be
re-configured to house swine when appropriate. Bion's 3G-Tech
system will be sized with the capacity to treat the waste from
approximately 1,500 head – large enough to demonstrate engineering
commercial scale, but small enough that it can be constructed and
commissioned quickly. Bion anticipates startup sometime in the
Spring of 2022.
Successful installation, startup, and steady state operations at
the facility will demonstrate scalability and determine biogas and
nitrogen recovery efficiencies at scale. The facility is
anticipated to produce sufficient ammonium bicarbonate for both
commercial testing by potential joint venture partners and
university growth trials. The platform will generate operating data
to support certification requirements for various private and
regulatory agencies, such as USDA's Process Verified Program (PVP)
for a USDA-certified sustainable brand. The facility will also
produce sustainable beef products – conventional and organic – for
initial test-marketing efforts. These critical steps must be
accomplished in order to move forward with joint ventures to
develop the large-scale projects that will be needed to supply
national distribution.
Mike McCloskey, Chairman of Fair Oaks Farms, stated, "Innovation
in environmental sustainability is a concept we take very seriously
at Fair Oaks Farms. The consumer understands, and we wholeheartedly
agree, that sustainability is not a passing trend. In addition to
our own efforts, we have worked with like-minded producers in the
dairy and pork industries to develop sustainable production. It
only makes sense to support Bion's sustainable beef demonstration
project, which will be our new neighbor. This is a significant
effort designed to shrink beef production's environmental
footprint, while simultaneously improving production
economics."
Craig Scott, Bion's director of communications, stated, "We
believe that today there exists substantial unmet demand –
potentially very large – for 'real' beef and pork products that
offer the sustainability consumers seek, but with the quality of
taste and texture they have come to expect from grain-finished
American beef and pork. We think there is a similar unmet demand
for organic grain-finished beef and pork products with
that same level of verified sustainability. We look forward to
demonstrating that we can produce the environmentally sustainable
products the consumer clearly wants, while also ensuring
economic sustainability and expanded opportunities for the
producer."
____________________________________________
About Bion: Bion's patented third
generation (3G) technology was designed to substantially reduce the
environmental impacts of large-scale livestock production and
deliver a USDA-certified sustainable product to the consumer. The
platform simultaneously recovers high-value coproducts and
renewable energy that increase revenues. Bion's 3G tech platform
can provide a pathway to true economic and environmental
sustainability with 'win-win' benefits for at least a premium
sector of the $175 billion U.S. livestock industry, the
environment, and the consumer. For more information, see Bion's
website, www.bionenviro.com.
This material includes
forward-looking statements based on management's current reasonable
business expectations. In this document, the words 'will',
'anticipate', believe', 'potential', and similar expressions
identify certain forward-looking statements. These statements are
made in reliance on the Private Securities Litigation Reform Act,
Section 27A of the Securities act of 1933, as amended. There are
numerous risks and uncertainties that could result in actual
results differing materially from expected outcomes.
Contact
Information:
Craig Scott
Director of
Communications
303-843-6191 direct
cscott@bionenviro.com
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