BioHiTech Global, a green technology company that develops and deploys innovative and disruptive waste management technologies, has initiated a strategic plan for the deployment of its proprietary MBT technology for waste disposal and recycling.
As a first phase of its rollout strategy, the Company intends to locate two HEBioT facilities in the Northeast United States and has recently entered into letters of intent to purchase property and solid waste permits for the two planned locations.
This proprietary HEBioT process recovers almost 80% of municipal solid waste. Additionally, the Company intends to purchase an equity interest in the first ever HEBioT facility in the US currently under construction in Martinsburg West Virginia.
The Martinsburg construction project was financed through a $25 million municipal bond funding in 2016 and is scheduled to commence operations in the summer of 2017. It is anticipated that the Company will seek to move forward with additional HEBioT projects in the US over the next few years.
The HEBioT process recovers municipal solid waste by integrating OEM sorting equipment with patented MBT (Mechanical/Biological Treatment) technologies into a dedicated processing facility. The disposal of waste using this system is cost effective and should result in a number of environmental benefits including:
- A significant reduction in the amount of mixed municipal solid waste that ultimately is disposed of in landfills.
- The recovery of biomass, plastics and other carbon materials.
- The production of an EPA recognized, high calorific, solid recovered fuel to help reduce harmful emissions.
Through its partnership with Apple Valley Waste Conversions, BioHiTech’s wholly owned subsidiary, Entsorga North America, is the exclusive licensee and developer of the patented HEBioT technology for the Northeast United States.
Entsorga Italia, an Italian affiliate of the company, is the owner and licensor of the process that has been successfully deployed at seven facilities located throughout Europe, which currently process in excess of 1 million tonnes per year of waste.
“When we originally licensed the Entsorga Italia technology after researching the operation of the facilities in Europe and examining the plans to develop the West Virginia facility, we were confident that our knowledge and experience in the solid waste industry in the United States would enable us to rapidly forward the deployment of this important technology,” said CEO Frank E. Celli.
“Our first goal was to identify and isolate locations for deployment which would allow us to develop a robust pipeline of projects quickly. The execution of these letters of intent, provide us with the ability to begin the permitting process for our first two facilities in the Northeast United States which we hope to receive some time in 2017,” Celli added.