Cielo Provides Positive Update on its Production Levels, Signs a Research Agreement with the University of Calgary and Will Host a Live Webinar on Thursday, October 22nd
(Cielo/The Newswire) Cielo Waste Solutions Corp. (“Cielo” or the “Company”) is pleased to provide an update on its production levels at its facility in Aldersyde, Alberta (“Facility”). While Cielo’s initial goal was to start the Facility slowly after the latest improvements, with expectations between 200 to 500 liters per hour, the Facility produced 800 liters per hour of distillate. After approximately four hours of continuous operation, Cielo scaled back production to allow its engineers the opportunity to analyze any maintenance or functional concerns at that level. Cielo plans to be back up to 800 liters per hour of continuous flow as early as next week following minor tweaks by the engineers and 1,000 liters per hour shortly thereafter.
Additional updates on the production volumes will be discussed in the live webinar on Thursday, October 22nd at 11 am ET (webinar details provided below). With the Facility producing continuously, to management’s knowledge, Cielo is now the first company to convert multiple waste streams (garbage) into renewable diesel, naphtha and kerosene (jet & marine fuels).
Management’s view is that the achievement of this milestone is well timed and that the amount of garbage and plastics produced daily combined with a proposed Canadian ban of single use plastics should put Cielo’s proven technology converting these otherwise harmful plastics to renewable high-grade fuels right into the world spotlight.
Don Allan, President and CEO of Cielo, stated “Plastic does not need to be a world crisis. We only need to find a way to dispose of it safely. We’ve observed that recyclers have struggled to deal with the product that Asia has stopped receiving. Cielo intends to become a solution for this unwanted plastic waste by converting all types of plastics into environmentally friendly high-grade renewable fuels. We believe this will allow the Petro Chemical industry to continue to make amazing, convenient products, while having a safe, clean way of recycling this waste into high grade fuels. Cielo sees this as a truly win-win situation and is proud to introduce this game changing technology and share it with the world. It has been a long road to get to this point, almost 16 years, so we are very proud of the hard work of our team. We also want to thank Cielo’s shareholders for their patience and support over the years and look forward to providing further updates on our upcoming operational milestones.”
Raphael Bohlmann, President of Renewable U Energy Inc. (a company with which Cielo intends to enter into joint venture agreements (the “JV Agreements”) for the building of additional facilities, as previously announced), stated “We are so happy for Don and the team at Cielo for hitting this milestone. We always believed this was an innovative technology that would create a better world for us and our children. We believe Cielo’s technology can contribute significantly to reducing GHG’s, reducing land fill waste, and garbage, all the while providing a clean, safe renewable fuel product. This announcement could not come at a better time. Alberta, Canada and the rest of the world need a solution to these problems. They also need the jobs, revenue and tax base inserted into the economy, which we believe will be created once Cielo begins engineering, construction, production and expansions.”
Update on Desulfurization and Announcement of Research Agreement
Additionally, Cielo has been working with the University of Calgary on the desulfurization of the diesel fuel. Cielo has signed a Research Agreement with the University’s Department of Chemical and Petroleum Engineering to complete the commercial design of the desulfurization technology required to remove the sulfur from the renewable highway grade diesel to meet the national specifications. The goal for the agreement is to have a completed commercial solution in or around late November, 2020.
Update on Joint Venture Facilities
Over the past approximately seven months, the Facility has undergone significant upgrades to increase productivity and quality of renewable fuels. These upgrades have proven to be effective and management will continue to monitor how they impact the Facility. As the Facility was intended to be Cielo’s test facility, Cielo will continue to test various feedstocks upon approval from Alberta Environment and Parks and to streamline the Facility to make it even more efficient. Following these successful upgrades, management has the confidence and proof to move forward with the engineering of the new facilities that will be built pursuant to the JV Agreements, which are intended to be larger, produce more fuel and use greater amounts of feedstock (garbage).
Cielo will provide additional updates as they become available.
Cielo Waste Solutions to Host Live Investor Webinar on Thursday, October 22nd, at 11 AM ET (9 AM MST)
Cielo’s President & CEO, Don Allan, will be hosting a live investor webinar on Thursday, October 22nd to provide an overview of the Company, its current operations, its forthcoming JV partnerships and upcoming milestones. READ MORE