Cielo Waste Solutions Corp. V.CMC

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

Energy Oil & Gas Refining & Marketing

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.

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Cielo Waste Solutions Corp. > CIELO WASTE SOLUTIONS WEBINAR REPLAY AND HIGHLIGHTS

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Post by downtozeroon Sep 07, 2021 5:00pm

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Post# 33822697

CIELO WASTE SOLUTIONS WEBINAR REPLAY AND HIGHLIGHTS

"The management would also like to reiterate that there are no operational or financial reasons for the decline in Cielo’s share price over recent trading days. The Company looks forward to announcing its audited financials in the very near term. For more information on Cielo Waste Solution's recent webinar highlights, please see below."

Cielo’s strategic intent is to become Canada’s leading waste to fuel company using its environmentally friendly and economically sustainable technology.
There has been an increase in demand for Cielo’s waste to fuel products.
Cielo’s revenue stream is not dependent on the desulfurization process. However, a product with a lower sulfur content ought to increase the profit margin of Cielo’s waste to fuel product.
Cielo’s mid to long-term plans remain intact.
Operational update:
- The Aldersyde “Pilot” plant has been producing in batch mode since opening in July 2019.
- Cielo’s proprietary technology has been proven out at bench scale and at the Aldersyde commercial pilot plant.
- The Company has reached 1000-lph and has historically produced on a 24-hour continuous basis. Cielo has temporarily slowed production to improve the consistency of the product.
- We have internal engineers and external engineering consulting firms engaged in continuous optimization and improvements for the development of full-scale facilities.
The desulfurization system is anticipated to be commissioned in September 2021. The Company expects to achieve its objective of producing fuel with a sulfur content under 15 parts per million.
The desulfurization system is anticipated to be commissioned in September 2021.The Company expects to achieve its objective of producing fuel with a sulfur content under 15 parts per million.
Letter of Intent in place to enter into an agreement for the sale of Naphtha. This is a potential high margin revenue stream for Cielo.
Cielo is well-capitalized and in a strong position to aggressively move forward towards revenue and the construction of facilities.
Cielo purchased a site with amenities in Fort Saskatchewan, Alberta and it is expected to accelerate the build-out of the proposed facility.
Engineering, site planning, and permitting are in process for the first joint arrangement site in Dunmore, Alberta.
Negotiation of the joint arrangement agreement with Renewable U Energy Inc. is in progress and expected to be finalized in the near future.
Multiple additional RUEI Joint Arrangement sites are being evaluated across Canada and potential entry into the US with pending RFP about to be released.
Cielo is in the process of setting up a new office in downtown Calgary to facilitate the growth of the Company.