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Cielo Announces Approval of Development Permit to Proceed with Refinery that Converts Garbage into High Grade Renewable Diesel
VANCOUVER, BC / ACCESSWIRE / July 10, 2017 / Cielo Waste Solutions Corp. ("Cielo" or the "Co...
About this update from Cielo Waste Solutions Corp.
[{"type":"text","content":"\nCielo Announces Approval of Development Permit to Proceed with Refinery that Converts Garbage into High Grade Renewable DieselVANCOUVER, BC / ACCESSWIRE / July 10, 2017 / Cielo Waste Solutions Corp. (\"Cielo\" or the \"Company\") (CSE: CMC) is pleased to announce that the Company has received its Development Permit (\"Permit\") from the MD of Foothills #31. Receipt of the Permit is a major milestone for Cielo, as it was issued subject only to standard terms and conditions, which Cielo's management is confident can easily be complied with.\nWith the Permit now being granted, Cielo is moving forward with relocating its Red Deer demonstration plant (\"Demo Plant) to the Company's High River Property that was acquired earlier this year for $2.3 million. For the past 4 ½ years, Cielo has utilized its Demo Plant to optimize its proprietary catalyst formulation and finalize the designs required to scale up its technology from a 50 liter an hour batch process into modular continuous flow refineries that can produce millions of liters per year of high grade renewable diesel fuel.\nOnce the Demo Plant is relocated to the High River Property, it will be retrofitted into the Company's idle bio-diesel plant, converting it into the Company's first continuous flow high grade renewable fuel refinery. The capital cost to convert the Demo Plant into an operational continuous flow refinery, producing approximately 350 liters an hour of high grade renewable fuel, running 24 hours/day/341 days/year, is projected to be under $2 million.\nCielo's technology has been proven in the Demo Plant to be able to use multiple different cellulous waste feedstock streams, including garbage, used tires, municipal blue box waste and wood waste, converting all of them, on a cost-effective basis, into high grade renewable diesel fuel. In Canada alone, there is a mandated demand for renewable diesel of approximately 650 million liters a year that is required to be blended into all transportation diesel. Almost all of this mandated demand is currently having to be imported.\nDon Allan, President and CEO of Cielo, stated, \"With the Permit now in hand, we are excited about moving forward with the construction of the first of many high grade renewable refineries that we plan to deploy around the world. We are also on schedule to apply later this month for the req...