July 23, 2021 -- InvestorsHub NewsWire -- via Digital Journal -- Clean Vision Corporation (OTC PINK: CLNV) is again on the move. On Wednesday, it announced that its Clean-Seas subsidiary has expanded its portfolio of Ecuadorian cities intent on using its waste plastic-to-energy pyrolysis technology. CLNV noted that the Mayor of Milagro, Francisco Asan Wonsang, of the province of Guayas, Ecuador has signed a Letter of Intent with Clean-Seas to establish a public-private joint venture partnership in which Clean-Seas will deploy a waste plastic-to-energy processing plant. That deal follows a similar agreement signed with the Mayor of Naranjal, Ecuador announced last week.

The service is a timely one for Milagro, which like many cities throughout Latin American, is faced with a waste crisis, as landfills are reaching capacity. This LOI signed earlier this month is designed to relieve the pressure on the city’s existing infrastructure and handle the Municipal Solid Waste (MSW) stream in an environmentally responsible way. Milagro currently collects as much as 200 metric tons of MSW daily, and guaranteed access to this consistent supply of feedstock provides a solid operational foundation for Clean-Seas to attract domestic and foreign financing for the project. Notably, CLNV expects the facility in Milagro to generate revenue of approximately $13.5 million annually. If so, the entire project payback can happen in less than three years.

The better news is that CLNV expects to leverage its subsidiary to generate tens of millions of dollars of prospective business in Ecuador. Here’s how:

Partnerships To Drive Value

Partnerships. Clean-Seas announced a partnership with EcoLibrium (formerly EcoVerde) for the noted and other projects throughout the country. In a previously published article covering the deal, Gustavo Santana, CEO of EcoLibrium, stated, “In working with Clean-Seas we have developed a win-win scenario for Ecuador and its people, as well as for our investors. Projects such as this one in Milagro will provide valuable data and an attractive ROI for proving our model in Latin America as we continue to expand our footprint throughout the region.”

Adding to the value within the agreement, Dan Bates, Clean Vision Chief Executive Officer, said, “EcoLibrium has opened doors that could have taken us years to get through on our own, fast tracking our efforts to expand into the lucrative Latin American market. Mr. Santiago’s vision for a cleaner and more environmentally conscious Ecuador are perfectly aligned with that of Clean Vision’s. His relationships, at the highest levels of government and banking, make this an exciting business opportunity for our companies.”

According to CLNV, the plant’s output will consist of clean-burning diesel fuel, bio-char, and industrial oil. Also important to the value equation, it will generate approximately 70,000 carbon credits annually. And Clean-Seas, through its recently announced JV partnership with GGII, has an off-take agreement in place with a multinational oil company for its clean, sulfur-free diesel fuel, which can provide approximately 100 high paying, green jobs for the local economy.

These deals could be only the start for a surge in deal making momentum in the back half of this year.

Bringing Power By Being Environmentally Friendly

In fact, these newest agreement follow an already busy 2021. Earlier this month, CLNV announced that its Clean-Seas subsidiary has established a joint venture with Roselle Capital to develop and deploy a revolutionary pyrolysis technology in Asia that will transform plastic waste into valuable commodities and clean energy. Roselle Capital specializes in brokering Asian and Western strategic deals and is leading the expansion of a self-sustaining medical facility known as Sabah Wellness Place. That facility is intending to use only green energy and value-added plastic waste conversion wherever possible. That agreement is a significant step for Clean-Seas and CLNV, who are expecting their pyrolysis recycling technology to become one of the most important Eco-friendly services available.

At its core, Clean Vision Corp is a merger and acquisition (M&A) company focused on providing sustainable and clean technology solutions. Driven by the “3 P’s” – People, Planet, Profit – CLNV helps bring value to its acquisitions through consultancy services, connecting them with new vertical market opportunities and expediting the commercialization of their products. By creating a holding company that owns a variety of synergistic assets, CLNV can maximize the potential of its subsidiaries and generate multiple streams of revenue from the sales, licensing, and developments of these companies.

They are leveraging the value of alternative energy sources and other green technologies that have become one of the most critical industries of today. They are taking advantage of a global initiative to move away from carbon-based fuels, creating a cleaner environment and providing considerable opportunities in untapped revenue sources and job creation. CLNV’s strategy of building a diversified portfolio focused on these industries can be more than lucrative; it’s timely.

A Cleaner Global Future

CLNV currently has two companies within its portfolio that align with its focus on providing industry-leading and environmentally friendly solutions.

The first of these companies is Clean-Seas, Inc., a company specializing in turning waste plastics into clean-burning fuels. Now 100% owned by CLNV, the company was established in 2019, focusing on developing novel plastic recycling technologies to reduce the amount of waste that flows into the world’s oceans. The world currently holds 8.3 billion tons of plastic waste, and at current rates, only 9% of this waste will end up being recycled. To make matters worse, 260 million tons of plastic waste were generated in 2016 alone, and experts believe that this number will increase to 460 million per year by 2030. With landfills across the world already reaching capacity, this waste creates an undeniable environmental crisis. And Clean-Seas, Inc. believes it can lead the way in finding better solutions to these problems. 

Also, Clean-Seas is focused on utilizing a modern recycling solution called pyrolysis, a thermo-chemical treatment that can be applied to any carbon-based product. This treatment, also known as thermal cracking, converts inputs such as plastic into the valuable outputs of pyrolysis oil, syngas, and char. These outputs can then be used for various powerful and environmentally friendly applications, including clean-burning fuels and water purification.

Discovering optimal methods of recycling plastics has been estimated to represent a $55 billion market opportunity by 2030. With existing operations in 3 continents, Clean-Seas, Inc. is already well prepared to source and deploy cutting-edge technologies for waste-to-energy recycling. Further, the management team behind Clean-Seas has decades of expertise working in the renewable energy sector in developing countries. Along with reducing carbon emissions, their operations can offer these areas employment opportunities and other social programs. 

Now wholly owned by CLNV, the company will be able to better reach these markets and expedite the development and sourcing of their recycling technologies.

100Bio Also Creates value

The second company in the CLNV portfolio is 100Bio. Established in 2016, 100Bio is focused on developing and manufacturing the world’s first plant-based Styrofoam. Containing no toxic chemicals, 100Bio’s plant-based foam is 100% biodegradable and compostable, and has already received compostability certifications from numerous environmental organizations.

It’s a better alternative to traditional Styrofoam, which is not biodegradable and cannot be recycled efficiently. That means that the 14 million tons produced annually are destined to end up in a landfill. Still, despite the results, non-degradable Styrofoam has remained a popular choice of packaging due to its many advantages such as food insulation, low price, and light weight. 

However, 100Bio can help change the mindset and developed a solution that could retain these inherent advantages and still respect the environment. Not only does its foam possess the same packaging benefits as traditional Styrofoam, but it has also improved upon them – their products can handle more weight, provide more robust insulation, and protect fragile contents from damage, all while being 100% biodegradable. 

Currently, the company has five issued patents to protect its portfolio and has since used its plant-based foam for food-based applications such as bowls, plates, cups, and egg cartons. The company plans to utilize the strengths of its Eco-friendly foam in further applications such as insulation, agriculture, and sports. 

Notably, 100Bio is now 51% owned by CLNV and can benefit significantly from its strengths in connecting businesses to vertical markets.

Expecting Growth In Q3 and Q4

The back half of this year is setting up to be a breakout period for the company. And despite its micro-cap size, CLNV is involved in several big missions. Moreover, its interest in two innovative companies that are producing long-term solutions to some of the world’s biggest environmental crises is a value proposition not reflected in its share price.

But, with its wholly-owned subsidiary Clean-Seas, Inc. working to recycle plastics through pyrolysis, that may soon change. Keep in mind, CLNV is in the right sector at the right time, and its subsidiary technologies are expected to become one of the most effective and highly utilized technologies in the waste sector in the coming years.

Thus, for investors that think “big picture,” current prices may be an entry point to consider. And with CLNV demonstrating vision and ability to create value through accretive M&A, current price levels are indeed compelling. The most excellent news from an investors perspective, however, is that that CLNV may be only getting started. And the back half of this year could be a banner period of growth.


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Source - https://www.digitaljournal.com/pr/clean-vision-corp-expands-international-reach-leveraging-clean-seas-plastic-to-energy-pyrolysis-technology-otc-pink-clnv

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