Contact:
Darren Eng,
CEO Greenbelt Resources Corp
888-995-GRCO
(4726) x101
FOR IMMEDIATE RELEASE
Greenbelt Resources
Announces “PRECO”
“Paso Robles ECOsystem” transforms
waste to bioproducts
Paso Robles, CA (March 2, 2017) – Greenbelt Resources Corporation (OTC: GRCO), an innovator of
sustainable energy production systems, announced today the Paso Robles ECOsystem, known as PRECO, a waste-to-energy interconnected system (ecosystem)
designed to produce half a million gallons of bioethanol from a variety of
feedstocks available in the Paso Robles area. PRECO utilizes such feedstocks as
waste trub from the nearby Firestone Brewery and winery wastes from the over
310 wineries in the local area.
“PRECO is the solution to a
challenge inherent in current local-scale technologies—their size. Unlike many
traditional industrial-scale production technologies currently in operation,
PRECO is designed and optimized for small to medium sized operations such as
agricultural and beverage processors,” says Darren Eng, Greenbelt Resources
Corp. CEO. “Our ecosystem concept enables the cost-effective transformation of
wastes into value-added bioproducts including potable water.”
PRECO will be the first
independently owned, local-scale bioethanol solution in California and is
tailored to utilize the local Paso Robles supply of agricultural and beverage
residues. The ecosystem can also be custom-designed to transform the feedstocks
of any local area into bioethanol and bioproducts. The resulting bioethanol will
be sold into California’s transportation market under the state’s Low Carbon
Fuel Standard (LCFS), leading to higher revenues. The legislation was designed
to lower toxic tailpipe emissions and carbon dioxide, a climate change gas. For
Greenbelt, California represents potential project revenue of nearly $1 billion.
(Source: Greenbelt)
Greenbelt is uniquely
positioned to take advantage of this market with leading edge technology,
experienced management and several endorsements
from state and local officials and business owners.
Ph.D. Research Leader,
Bioproducts for the USDA, William J. Orts, wrote in a letter
to California Energy Commission Chair Robert B Weisenmiller, Ph.D., “As Research Leader of the Bioproducts and
Biofuels Research at the USDA’s Western Regional Research Center (WRRC), I
share (the) vision to create a transformative commercial biorefinery based upon
strategies that will work in California… Addressing how we deal with the many
carbon-based by-products is an important issue in agriculture and ag-related
businesses… (it is) a business model to deploy hundreds to thousands of systems
across the country and around the world. Successful deployment… will solve
local waste issues while creating local sources of ultra-low-carbon renewable
fuel. I confirm to you that our team at the USDA has confidence in their
process and aim to help them toward success by making our equipment and
expertise available to them, because their success will prove beneficial to
California’s (rural) economy.”
For more information about
PRECO and how it can transform your local waste to revenue generating
bio-products, visit www.greenbeltresources.com or contact Greenbelt CEO Darren Eng at
888-995-GRCO (4726 x 101).
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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.
The Company designs, develops and implements technology that makes the
production of advanced biofuel reliable, practical and efficient. Controlled by
proprietary automated controls, the Company’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.
This press release does not constitute an offer of
any securities for sale and contains certain forward-looking statements. For
additional information visit the Greenbelt Resources investors
page.