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TerraVest Announces First Renewable Natural Gas Project
TerraVest Announces First Renewable Natural Gas Project Canada NewsWire ...
About this update from Terravest Industries, Inc.
[{"type":"text","content":"\n \n \n \n TerraVest Announces First Renewable Natural Gas Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Oct. 20, 2021\n \n /CNW/ - TerraVest Industries Inc. (TSX: TVK) (\"TerraVest\") has been awarded its first manufacturing contract to supply a biogas upgrading system for a project located in\n \n Western Canada\n \n . The biogas upgrading system will have the capacity to process up to 1,200 Nm3/h of raw biogas and will remove impurities such as hydrogen sulfide and carbon dioxide to produce renewable natural gas (RNG) compliant with Canadian RNG specifications for pipeline injection.\n \n \n \n Dustin Haw\n \n , Chief Executive Officer of TerraVest, commented, \"We are extremely pleased that our Renewables group, which was launched only earlier this year, has already received its first contract. While this contract does not represent a material amount of revenue to TerraVest as a whole, it is a significant milestone in our effort to become a leading provider of renewable natural gas processing equipment. As a company with diversified capabilities, we saw the importance of utilizing our strengths in the design and manufacturing of gas processing equipment along with our in-house engineering expertise in RNG and alternative fuels to expand into clean energy in support of\n \n Canada's\n \n Clean Fuel Standard to achieve net zero greenhouse gas emissions by 2050. We look forward to executing on more renewables projects as our sales pipeline continues to grow.\"\n \n \n Under the terms of the agreement, TerraVest Renewables will provide engineering, equipment design, manufacturing, and system integration for the RNG facility.\n \n \n \n \n Caution Regarding Forward-Looking Statements\n \n \n \n \n \n This news release contains forward-looking statements within the meaning of applicable securities legislation.  All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic ...