GREENBELT APPROVED AS SOLUTION TO INDONESIA'S $200 MILLION+ ESTIMATED FOOD INDUSTRY WASTE PROBLEM

Date : 08/07/2017 @ 9:00AM
Source :InvestorsHub NewsWire
Stock : Greenbelt Resources Corp. (PC) (GRCO)
Quote : 0.129  -0.01 (-7.19%) @ 4:24PM

GREENBELT APPROVED AS SOLUTION TO INDONESIA'S $200 MILLION+ ESTIMATED FOOD INDUSTRY WASTE PROBLEM

PASO ROBLES, CA -- August 7, 2017 -- InvestorsHub NewsWire -- Greenbelt Resources Corporation (OTC: GRCO) has officially received “Eco Friendly Technology” registration for its ECOsystem process. The certification (Registration #026/TRL/Reg1/K4K) was officially signed by the Indonesian Secretary General to the Ministry of Environment and Forestry Dr. Ir. Bambang Henfroyono, MM, head of the agency that awards Ecolabel status to green technologies.

Greenbelt’s waste-to-energy system is a viable, proven technology suited for food waste applications. Estimates of the food industry waste market solution range from $200 million to as much as $600 million in the foreseeable future.

Greenbelt CEO Darren Eng states that the registration and approved use of the Ecolabel logo, validates Greenbelt’s technology, and in essence, gives Greenbelt a “green” light as a process now available to address the country’s significant and growing waste challenges. Indonesia is the second largest food waster behind Saudi Arabia. More food is wasted each year in Indonesia than the amount of food produced.

The ECOsystem process converts food waste into several revenue producing bioproducts including bioethanol, high value protein, fertilizer and potable water. A system can be customized to feedstock input as well as the goals of the customer with respect to end products.

“It’s tragic in our world where so many face starvation that food waste has become such a huge problem,” says Eng. “However, for the food waste that is naturally unavoidable, especially in ag and the food processing industry, Greenbelt’s technology can turn the waste expense into new economic value streams, potentially even high-value protein suitable for humans. Greenbelt is already active in Indonesia. We look forward to expanding our relationships and addressing this challenge in a positive way beneficial to the population.”

Jababeka Infrastruktur has broken ground on the first project in Indonesia to use Greenbelt technology, a waste-to-energy initiative called JababECO. During a signing event held in Jakarta, the MOU signed between Greenbelt and Jababeka was celebrated by the attendance of Indonesian Vice President Jusuf Kalla and U.S. Vice President Mike Pence.

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

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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