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Bullboard - Stock Discussion Forum 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... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > CEO in the news
View:
Post by lscfa on Feb 28, 2021 2:49am

CEO in the news

Cielo Waste Solutions in Aldersyde continues to grow just a couple years after setting up shop.

The plant takes wood waste products from contracted sources and turns it into renewable diesel.

Cielo purchased the plant from a biodiesel facility that used animal tallow from Cargill and built their own facility.

President and CEO Don Allan says they've just recently received debt financing term sheets.

"We've gone out and received some term sheets so we can double the size of the facility," he says. "We want to be able to do 2,000 litres an hour out of that facility and that'll be max."

Allan says that's because of the size of the property they have there.

He says they're hoping to get permission soon from the Alberta government to do railroad ties, plastic, cardboard and glossy flyers as well as sewage that's already been dried and cleaned.

"We're not in the landfill business so everything comes to us prepared in sealed trailers and put right into the process so there's no emissions, no harmful emissions at all, it's one of the greenest refineries that's been built in the world."

He says no one has built a facility like this one and there are always improvements that can be made to recover as much waste as possible.

They've gotten away from the natural gas boilers and moved to electric heat so they can buy a lot of green power and make the plant as green as possible.

Cielo is planning to expand with about 40 facilities across North America over the next five years including one in Edmonton where they have a Consulting Agreement in place.

"It's pretty exciting for us, we've wanted to move into Edmonton since we started the business 16 years ago," Allan says. "Edmonton is an ideal location for us because that's where the majority of our clients would be, that's where all the refineries are, the Esso's, the Suncor's the Huskies that's where our market is so the closer we can be to that market that makes sense for us, it's a huge market."

He says the whole business model is to eliminate landfills, believing they can take pretty much anything that goes into a landfill and turn it into diesel, with the exception of metals or rocks or dirt and there's already markets for those.





https://www.highriveronline.com/local/aldersyde-waste-plant-expands

Comment by frogman2000 on Feb 28, 2021 1:50pm
Look at the video again they are mixing oil and sawdust cooking it , cooling off the gas and getting thr renewable diesal . Correct ? I want to be wrong . Tell me how that is not the case !!!!
Comment by ShannonWM on Feb 28, 2021 1:51pm
whats your point?
Comment by frogman2000 on Feb 28, 2021 2:13pm
https://www.purepathtech.com/products/ppgt-lp-waste-oil-distillation-plant/ I believe in RW really i do but there is more work to be done on the differant waste streams . just people should be aware . thats all . Cheers GLTA 
Comment by lscfa on Feb 28, 2021 2:23pm
If you're suggesting this is a competitor what is their cost to produce a litre of renewable diesel?  I doubt it comes close to Cielo costs.  
Comment by lscfa on Feb 28, 2021 2:55pm
I believe Ceilo characterizes itself as a maker of renewable diesel and not a recycler of used motor oil because renewable diesel must be made in part from organic biomasses. Also governments are mandating that diesel makers blend in a percentage of renewable diesel. There is also a difference between renewable diesel and biodiesel, with the former having superior traits and commanding higher ...more  
Comment by lscfa on Feb 28, 2021 2:15pm
Yes, they use used motor oil as a slurry to mix in wood waste, plastic, garbage, etc. By switching from natural gas to electric boilers they can burn hotter which means less used motor oil needed. 
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