GREENBELT RESOURCES OFFERS PARTIAL SOLUTION TO CHINESE GOVERNMENT'S MANDATED USE OF 4 BILLION + GALLONS OF ETHANOL
May 08 2018 - 8:53AM
InvestorsHub NewsWire
Paso
Robles, CA -- May
8, 2018 -- InvestorsHub
NewsWire -- Greenbelt Resources
Corporation (OTC:
GRCO) ("Greenbelt"), the developer and provider of a
sustainable ECOsystem model that transforms waste into bio-ethanol,
today announced that CEO, Darren Eng will visit is heading toChina
by invitationthis month by special letter invitationon an
invitation to assist in enhancinghelp ramp up the domestic
production capacity of up to the over four4-5 billiongallons of
ethanol required to meet a mandaterequired ofby the Chinese
Government.
Greenbelt's CEO, Darren
Eng,stated that "TtThe demand for biofuels in China is growing
rapidly as are Chinesetheir concerns for impacts onto the
environment. Our technology can help the right parties solve two
immediate problems: at the same time, the need for bioethanol as
biofuelfuel and a solution to the foodAND address awaste issue,"
says Mr. Eng. Adding with emphasis,. "This is especially true
at a time when China may not be importing neededmuch ethanol from
the United StatesUS.." Greenbelt technology can help to
create a local supply of ethanol from locally available wastes.
As part of a sponsored delegation, Greenbelt will be
presenting their technology and meeting with local governments and
businesses in the following regions: Beijing, Tianjin, Guangdong
Province, Foshan, Guangzhou and Zhuhai.
The trip is paid for and
sponsored by www.USChinaCleantech.org,
("UCCTC") a joint-partnership program between the Innovation Center
for Energy and Transportation (a 501c3 non-profit)and the U.S.
Department of Commerce International Trade Administration dedicated
to accelerating trade and investment in U.S. clean energy and
environmental protection technologies and best practices to China.
Since 2012, UCCTC has been bringing together important leaders from
leadingtop companies and the sustainability field to network,
conduct business, promote (and seek out) new clean technologies to,
and shape the future.
Greenbelt has had prior
success in the Pacific Rim. Last year Greenbelt commissioned a commercial
system in New South Wales, Australiathat converts wheat
processing waste into ethanol, and it received Ecolabel certification
from the Indonesian Ministry of the Environment.
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 & Safe Harbor
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.
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