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GRCO Greenbelt Resources Corporation (CE)

0.000001
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Greenbelt Resources Corporation (CE) USOTC:GRCO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

GREENBELT RESOURCES OFFERS PARTIAL SOLUTION TO CHINESE GOVERNMENT'S MANDATED USE OF 4 BILLION + GALLONS OF ETHANOL

08/05/2018 1:53pm

InvestorsHub NewsWire


Paso Robles, CA -- May 8, 2018 -- InvestorsHub NewsWire -- Greenbelt Resources Corporation (OTC: GRCO) ("Greenbelt"), the developer and provider of a sustainable ECOsystem model that transforms waste into bio-ethanol, today announced that CEO, Darren Eng will visit is heading toChina by invitationthis month by special letter invitationon an invitation to assist in enhancinghelp ramp up the domestic production capacity of up to the over four4-5 billiongallons of ethanol required to meet a mandaterequired ofby the Chinese Government.  

Greenbelt's CEO, Darren Eng,stated that "TtThe demand for biofuels in China is growing rapidly as are Chinesetheir concerns for impacts onto the environment. Our technology can help the right parties solve two immediate problems: at the same time, the need for bioethanol as biofuelfuel and a solution to the foodAND address awaste issue," says Mr. Eng. Adding with emphasis,.  "This is especially true at a time when China may not be importing neededmuch ethanol from the United StatesUS.."  Greenbelt technology can help to create a local supply of ethanol from locally available wastes.  As part of a sponsored delegation, Greenbelt will be presenting their technology and meeting with local governments and businesses in the following regions: Beijing, Tianjin, Guangdong Province, Foshan, Guangzhou and Zhuhai. 

The trip is paid for and sponsored by www.USChinaCleantech.org, ("UCCTC") a joint-partnership program between the Innovation Center for Energy and Transportation (a 501c3 non-profit)and the U.S. Department of Commerce International Trade Administration dedicated to accelerating trade and investment in U.S. clean energy and environmental protection technologies and best practices to China. Since 2012, UCCTC has been bringing together important leaders from leadingtop companies and the sustainability field to network, conduct business, promote (and seek out) new clean technologies to, and shape the future.

Greenbelt has had prior success in the Pacific Rim. Last year Greenbelt commissioned a commercial system in New South Wales, Australiathat converts wheat processing waste into ethanol, and it received Ecolabel certification from the Indonesian Ministry of the Environment.

 

About Greenbelt Resources

Greenbelt Resources Corporation is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. Greenbelt designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, Greenbelt's small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bio-ethanol), animal feed, fertilizer and filtered water. For more information visit www.greenbeltresources.com.

 

Forward-Looking Statements & Safe Harbor

This document includes certain statements, predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the supply and demand for biofuels, our ability to remain technologically competitive and other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices.

 

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