Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC.WT

Primary Symbol: V.CMC Alternate Symbol(s): 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

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TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Tidewater Renewables

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Post by lscfa on Mar 09, 2023 9:48am

Tidewater Renewables

Tidewater Renewables, in which Tidewater Midstream holds a 69% ownership stake, has made significant progress on the construction of its HDRD Complex. The facility will be Canada's first standalone renewable diesel refinery and is now over 90% complete and is expected to complete construction in April 2023 and commence operations during the second quarter of 2023. Like many recent capital projects, the HDRD Complex has experienced significant inflationary cost pressures. The current estimated gross project cost, including commissioning, are approximately $342 millionwhich compares to the previous estimate of $260 million.

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