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Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.


TSXV:CMC - Post by User

Comment by beaniwon Jun 01, 2021 7:35pm
379 Views
Post# 33308240

RE:Cielo is late to the game

RE:Cielo is late to the gameI emailed Cielo to ask just how their technology differed from the others (or what it is that sets them apart from the rest) and forwarded the post itself as there were some valid points raised, this is the reply I received:

Lionel Robins lionelrobins@cielows.com

2:04 PM (2 hours ago)
 
to meLionel
Thanks again for forwarding me this post.  We definitely have lots of inquiries from investors, wanting to compare us to the other renewable fuel producers in the market.  The truth is, we need every single company working on renewable fuels now, to stay in the game and grow as exponentially as possible, so it’s tough to refer to any of them as “competition”.  I attended a renewable aviation fuel seminar today, that admitted that the total supply of renewable aviation fuel in 2020 didn’t satisfy even 1% of what will be needed for all the airlines to hit their carbon neutral targets in the coming years.
 
We have looked at most of our competing fuel producers quite well, and while everyone has their own way of processing feedstocks into fuels we still feel ours is in fact unique to all of them.  With the examples provided in that post for instance, many of them are still in lab/experimental stage so can’t be called a commercial process as of yet.  Many of them, while they will say that they hope, or expect to have their process work with multiple feedstocks, are still using primarily plastics as their trial feedstocks.  Plastics are still not classified as a renewable energy feedstock, and as such the fuel from them cannot be classified as a renewable fuel.  With our process, we can mix plastics in with our renewable feedstocks (at about 15% blend maximum to keep our renewable fuel classification), and have already bench-scale tested over 60 different waste streams for feedstocks.  There are others taking landfill wastes and converting to fuels or other energy sources, but we aren’t seeing them converting specifically to renewable diesel and jet fuel as of yet, with a process as similar or economical as ours.
 
It’s definitely a highly competitive, and highly complicated field we are in, so there will always be comparisons made based on the basic information provided by the company. Upon deeper look, the differences between each will emerge, and Cielo will still stand out as one of the best solutions in the emerging and fast growing waste to energy industry.  We see a bright future for all of the other companies, and wish them all prosperous paths, but we are confident to lead the way along that path.
 
Regards
 
 
LIONEL ROBINS | Chief Operating Officer
 

www.cielows.com

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