GREENBELT APPROVED AS SOLUTION TO INDONESIA'S $200 MILLION+ ESTIMATED FOOD INDUSTRY WASTE PROBLEM
07 August 2017 - 11:00PM
InvestorsHub NewsWire
PASO ROBLES, CA
-- August 7, 2017 --
InvestorsHub NewsWire -- Greenbelt Resources Corporation
(OTC:
GRCO)
has officially received “Eco Friendly Technology”
registration for its ECOsystem process. The
certification (Registration #026/TRL/Reg1/K4K) was officially
signed by the Indonesian Secretary General to the Ministry of
Environment and Forestry Dr. Ir. Bambang Henfroyono, MM, head of
the agency that awards Ecolabel
status to green
technologies.
Greenbelt’s waste-to-energy
system is a viable, proven technology suited for food waste
applications. Estimates of the food industry waste market solution
range from $200 million to as much as $600 million in the
foreseeable future.
Greenbelt CEO Darren Eng states
that the registration and approved use of the Ecolabel logo,
validates Greenbelt’s technology, and in essence, gives Greenbelt a
“green” light as a process now available to address the country’s
significant and growing waste challenges. Indonesia is the second
largest food waster behind Saudi
Arabia. More food is
wasted each year in
Indonesia than the amount of food
produced.
The ECOsystem process converts
food waste into several revenue producing bioproducts including
bioethanol, high value protein, fertilizer and potable water. A
system can be customized to feedstock input as well as the goals of
the customer with respect to end products.
“It’s tragic in our world where
so many face starvation that food waste has become such a huge
problem,” says Eng. “However, for the food waste that is naturally
unavoidable, especially in ag and the food processing industry,
Greenbelt’s technology can turn the waste expense into new economic
value streams, potentially even high-value protein suitable for
humans. Greenbelt is already active in Indonesia. We look forward
to expanding our relationships and addressing this challenge in a
positive way beneficial to the population.”
Jababeka
Infrastruktur has broken ground on the first
project in Indonesia to use Greenbelt technology, a waste-to-energy initiative called
JababECO. During a signing event held in
Jakarta, the MOU signed between Greenbelt and
Jababeka was celebrated
by the attendance
of Indonesian Vice President Jusuf
Kalla and U.S. Vice President Mike
Pence.
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. Greenbelt designs, develops and implements technology
that makes the production of advanced biofuel reliable, practical
and efficient. Controlled by proprietary automated controls,
Greenbelt’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.
Forward-Looking
Statements
This document includes certain statements,
predictions and projections that may be considered forward-looking
statements under securities law. These statements involve a number
of important risks and uncertainties that could cause actual
results to differ materially including, but not limited to, the
supply and demand for biofuels, our ability to remain
technologically competitive and other economic, competitive and
technological factors involving the Company's operations, markets,
services, products and prices.
Contact:
Darren Eng, CEO
Greenbelt Resources
Corporation
888-995-GRCO
(4726 x
101)
darren@greenbeltresources.com
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