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VDQ-NRG SYSTEMS ANNOUNCES STRATEGIC PARTNER WEST COAST BIOFUEL TO PURCHASE BIOFUEL PRODUCTION FROM CALGARY WASTE REPROCESSING FACILITY.  VDQ-NRG Systems Inc has signed an Off-Take Supply Agreement with West Coast Biofuel of McFarland, California for the purchase of low carbon biofuel derived from plastics and food waste. Expectation is first deliveries will occur in June of 2023 from a facility based in Calgary, Alberta, Canada. Initial deliveries are anticipated to be 3,000,000 gallons per year, with the option to purchase up to 100,000,000 gallons per year.
VDQ-NRG is an innovative clean technology company based in Calgary. They have integrated ground- breaking continuous flow HTL (Hydrothermal Liquefaction) and Electro-Depolymerization technology, to repurpose landfill waste into alternative energy sources and valuable byproducts, while being environmentally sustainable and economically viable. They are building the Calgary Waste Reprocessing Facility, a first-of-its-kind project that will process 40,000 tons of waste per year collected from the restaurant and fast-food industry in Calgary. This facility will supply over $24,000,000 of low carbon intensity bio-derived fuel product per year, along with 60,000 tons Greenhouse Gas offset. VDQ-NRG’s Calgary facility is a complete waste management solution providing 24 Full time jobs and $80 Million CDN private investment. West Coast Biofuel utilizes innovative bio-refining technology to offer ultra-low carbon biodiesel, renewable diesel, and sustainable aviation fuels. Renewable transportation fuels like West Coast Biofuel’s Zero-Carbon 100% renewable diesel Drop-In fuel, used alongside or in replacement of conventional petroleum diesel, delivers more sustainable energy sources that help address climate change and reduce environmental impacts. West Coast Biofuel is helping make petroleum fuels better through innovative biotechnologies and offers a variety of term supply, logistics, and pricing structures. For more information contact: James Kernaghan Vice President Sales VDQ-NRG Systems Inc. j.kernaghan@vdqnrg.ca 1-306-227-0156 www.vdqnrg.ca |
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December 2022
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