GRCO Greenbelt Resources

Greenbelt Resources and New Age Renewable Energy Team Up for Joint Project Sales Collaboration

Greenbelt Resources and New Age Renewable Energy Team Up for Joint Project Sales Collaboration

Alliance offers a cost-effective sustainable solution for processing dairy industry wastes

PASO ROBLES, Calif., July 02, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – The dairy processing industry may have just gotten a boost to its bottom line from a collaboration between two small but accomplished innovators in cleantech.  (OTC: GRCO) (Greenbelt), the developer of an award winning sustainable ECOsystem model that transforms food, beverage and agricultural industry wastes into revenue producing bioproducts, and , LLC. (NARE), an innovator in dairy waste processing projects, announced today a agreement combining the NARE fermentation formulation with the efficiency of Greenbelt’s ECOsystem technology to provide a cost-effective solution for converting dairy processing wastes into bioproducts.

Converting diary processing wastes is not new to the industry. During the late 20th century, back when smiling faces on TV cheered that milk “does the body good” and before the days of ubiquitous whey protein supplements, dairy processor waste known as “cheese whey” was converted into ethanol using an expensive process that cost twice the value of the ethanol produced, but resulted in half the cost of other waste disposal options. However, the practice became impractical in the late 80’s as the industry evolved -- an evolution that is about to come full circle thirty years later.

NARE, a privately held upstate New York based company, developed its unique formulation to enable generators of wastes such as acid whey, whey permeate, and other milk derivatives to convert their wastes into bioethanol and a high quality protein concentrate. However, adoption of the technology has been challenged by supply chain issues, scalability, and operational expenses. Collaboration with Greenbelt resolves those challenges. Greenbelt’s modular design allows for a distributed network of scalable system deployments while automated intelligent process controls enable low cost operations.

The , developed by Greenbelt provides an ideal platform for incorporating the innovative fermentation formulation developed by NARE. The result is a low-energy-footprint and automated, modular cost-effective solution. The combined solution helps improve a dairy processor’s sustainability profile while also saving them money. “Not only do we reduce wastes from entering the waste stream or the environment,” notes Greenbelt CEO Darren Eng, “but the waste is converted into commodities that replace commodities with fossil fuel derived carbon footprints.”

And the market is obviously a big one!  According to the , every year over 3 million tons of soft dairy products (yogurt, cottage cheese, cream cheese, etc.) are produced across USA. By NARE’s calculations, converting the cumulative total of only the acid whey waste (one of several waste types generated) would produce nearly 33 million gallons of ethanol and 10 million kilograms of yeast feed per year. Each ECOsystem solution would likely have a capacity between 400,000 and one million gallons of ethanol production per year. Currently the less than 15% of acid whey waste is diverted into anaerobic digesters, the rest is spread over land - releasing carbon into the air as it decomposes. 

“Already, interest has been brewing with multiple RFPs submitted, now under consideration,” states NARE President, Eduard Zaydman. “The goal of our collaboration with Greenbelt is to establish a much needed industry standard waste solution for the dairy processing industry.”

About New Age Renewable Energy, LLC

New Age Renewable Energy (NARE) is a leader in cost effective and efficient whey and milk derivatives processing. Proprietary, unique yeast formula and method is allowing short fermentation of large amount of dairy production liquid waste. Revolutionary method of waste processing is a 0 discharge and carbon negative. Commodities generated by the process are deemed a 100% renewable and have a wide application across food, beverage and chemical industries. More information is available at

About Greenbelt Resources

Greenbelt Resources Corporation™ is an award-winning provider of automated, modular, small scale sustainable energy production systems, products and processes that enable local cost-effective processing and disposal of food, beverage and cellulosic waste to be converted into commercially viable saleable consumer products such as bio ethanol, protein concentrate and fertilizer. Operating in several business segments, Greenbelt provides value added solutions to the cannabis, food, beverage and agricultural industries. Greenbelt stock is listed on the OTC Markets Group under the symbol GRCO. More information is available at  .

Forward-Looking Statements & Safe Harbor

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

A photo accompanying this announcement is available at

EN
02/07/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Greenbelt Resources

 PRESS RELEASE

Greenbelt Resources Offers Custom System Manufacturing, Expands With a...

Greenbelt Resources Offers Custom System Manufacturing, Expands With a New Location Excess Manufacturing Capacity Available for System Designers, Customers PASO ROBLES, Calif., Aug. 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – With conversion of its current facility from biofuel to bioethanol solvent underway and to accommodate recent orders from new business, (OTC: GRCO) (Greenbelt), the developer and producer of a sustainable ECOsystem model that transforms food supply chain wastes into revenue generating bioproducts, has announced today the opening of a new assembly, fabrication a...

 PRESS RELEASE

Greenbelt Resources, NARE Sign First Client System Sale

Greenbelt Resources, NARE Sign First Client System Sale New Age Renewable Energy, LLC incorporates two module ECOsystem solution for new client in Iceland PASO ROBLES, Calif., July 25, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Expected to be the first in a series of system sales as part of their recently-announced technology and channel collaboration initiative, (OTC: GRCO) (Greenbelt), the developer and producer of a sustainable ECOsystem model that transforms food, beverage and agricultural industry waste into revenue generating bioproducts, has announced today the sale of a two-mo...

 PRESS RELEASE

Greenbelt Resources and New Age Renewable Energy Team Up for Joint Pro...

Greenbelt Resources and New Age Renewable Energy Team Up for Joint Project Sales Collaboration Alliance offers a cost-effective sustainable solution for processing dairy industry wastes PASO ROBLES, Calif., July 02, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – The dairy processing industry may have just gotten a boost to its bottom line from a collaboration between two small but accomplished innovators in cleantech.  (OTC: GRCO) (Greenbelt), the developer of an award winning sustainable ECOsystem model that transforms food, beverage and agricultural industry wastes into revenue producing ...

 PRESS RELEASE

Greenbelt Resources Completes 2018 Year With Strong Fourth Quarter 

Greenbelt Resources Completes 2018 Year With Strong Fourth Quarter  2018 Financial Statements reflect a Q4 profit and substantial cash flow PASO ROBLES, Calif., April 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Last week, (OTC: GRCO) (Greenbelt), the developer and producer of a sustainable ECOsystem model that transforms food, beverage and agricultural industry waste into revenue generating bioproducts, posted its 2018 Annual Disclosure Statement with annual Financial Statements to the OTC Markets Group, indicating Greenbelt finished the year with a profitable fourth quarter and a ...

 PRESS RELEASE

Greenbelt Resources Corporation Annual CEO Report

Greenbelt Resources Corporation Annual CEO Report PASO ROBLES, Calif., March 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE --  (OTC: GRCO) (Greenbelt), announces the following annual CEO report to shareholders:    Dear Shareholders: My history has been to modestly and cautiously word our press and CEO reports.  So it may surprise you to have me begin this year’s report with my statement that: Greenbelt’s future has never looked brighter. Forthcoming financial statements will report we ended the year with a profitable fourth quarter and with cash in the bank. There are two major reasons ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch