From the Wires
N-Viro International Offers 2013 Outlook for Biomass Energy Revenues
N-Viro Fuel(TM) Waste to Fuel Conversion Process Gains Appreciation as Renewable Alternatives to Coal Are Demanded by Global Communities
By: Marketwired .
Jan. 30, 2013 11:35 AM
TOLEDO, OH -- (Marketwire) -- 01/30/13 -- N-Viro International Corporation (OTCQB: NVIC) (the "Company") reports developments for its N-Viro Fuel process technology used to convert wastewater treatment biosolids, animal manures and other suitable organic wastes into a valuable alternative to coal for energy production. The Company has witnessed a positive trend in the global alternative fuels market seeking to convert organic wastes into energy. The support includes distinctions made recently by the USEPA via administrative rule 40 CFR part 241.3(b)(4) that formally determines the qualifications for waste to be classified as non-waste fuel. This distinction provides a regulatory pathway for waste-derived fuel products to be blended with coal or other biomass as a secondary fuel source. N-Viro Fuel is positioned to be a compliant non-waste fuel that can be used in commercial power generation as the "renewable" market evolves.
Worldwide support for alternative fuel has encouraged tax incentives and plant modifications, and, some large-scale power plants have been designed to use biomass exclusively. China, in their 12th Five-year plan, has explicitly made multibillion dollar commitments to improve energy and waste management practices as a part of a comprehensive move to address climate protection goals. These efforts demonstrate a commitment to promote green alternatives, and N-Viro is working to jointly develop suitable projects within China. Work also continues on N-Viro Fuel development in Europe, Israel and domestically.
Other alternatives such as plant biomass, even though effective, provide some concerns about the amount of land required for production and the introduction of invasive species. Waste-derived "opportunity fuels" offer a sustainable and socially responsible option, thus diverting senseless landfill disposal. Land application of waste from sewage or manure is seen as a double threat to the environment, both for its possible effects on soil or groundwater, and its discharge of CO2 and methane into the atmosphere. Increased restrictions facing "land application" of biosolids has placed upwards price pressure for many wastewater facilities and has prompted a pattern of further regulatory action where nitrates, phosphorus and contaminant levels have become elevated. N-Viro has committed to leverage its experience in organic waste materials process technology to form partnerships and commercialize a sustainable fuel model that meets the needs of industry and the environment.
Tim Kasmoch, CEO of N-Viro International, commented, "The N-Viro Fuel technology includes proprietary innovations and techniques that significantly reduce the environmental impact of organic waste, and our testing of the N-Viro Fuel product promises a positive impact on power generation performance. The positive solution we offer to waste conversion and power generation is global."
Kasmoch continued, "Our corporate focus has been to secure new business opportunities in this exciting space, and after more than a decade of research and development by our team, we expect 2013 to deliver the first revenue contributions from N-Viro Fuel agreements."
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