Business
The Sustainable Green Team, LTD. Receives a $46.8 Million HumiSoil® Purchase Order from the Middle East and Africa
The Sustainable Green Team, LTD. Receives a $46.8 Million HumiSoil® Purchase Order from the Middle East and Africa.
About this update from Sustainable Green Team, Ltd.
[{"type":"text","content":"\n Orlando, FL, May 23, 2023 (GLOBE NEWSWIRE) -- The Sustainable Green Team, LTD. (OTCQX: SGTM) (“SGTM” or the “Company”), a provider of environmentally conscious solutions in the arbor care, disposal, and recycling industries receives a $46,800,800 HumiSoil® Purchase Order (the “P.O.”) from VRM Biologik Middle East and Africa. The P.O. is for 1,350,040 cubic yards of SGTM’s new HumiSoil® product currently being manufactured in three strategic facilities located in Florida and Georgia. The P.O. is broken into five scheduled pickups from the date the order was placed through December 31, 2024. HumiSoil® is a 100-percent organic soil amendment, converted from any vegetative green waste or compostable material, and stimulates natural reactions that manufactures and stores soil moisture. HumiSoil® reduces the need for fertilizers and chemicals, while increasing production of agricultural products, including livestock grazing on pastureland. Tony Raynor, SGTM’s Chief Executive Officer commented, “I am excited to expand our partnership with VRM and support the efforts in the Middle East. This P.O. lines up with SGTM’s global goal to restore the topsoil and water resources to 25% of arable lands. We know this is just the beginning to many other opportunities worldwide.” To learn more watch: https://youtu.be/q6wd00BrhuM VRM Biologik has innovated many methods and products to enhance photosynthesis and hydrogen management in soils and water. This includes the revolutionary deployment of catalysts which stimulate Biological Hydrosynthesis – a natural reaction which captures atmospheric carbon and results in the manufacture of additional water – in depleted and dry soils. About The Sustainable Green Team, Ltd. The Company is a wholesale manufacturer and national supplier of wood-based mulch, soil, lumber products and soil amendment products: HumiSoil® and XLR8®. The Company sells directly to mass merchandisers, home centers, hardware stores, nurseries, garden centers, convenience stores, food stores, and wholesale distributors. The Company’s primary corporate objective is to provide a solution for the treatment and handling of tree debris that has been historically sent to local landfills and disposal sites, creating an environ...