Cielo Obtains Positive Validation Test Results Confirming the Conversion of Garbage to Distillate



Vancouver, British Columbia (FSCwire) - Cielo Waste Solutions Corp. ("Cielo" or the "Company") (CSE:CMC) is pleased to announce that it has received from Maxxam Analytics (“Maxxam”), an independent renowned arms-length testing laboratory, favourable lab results confirming the Company’s ability to convert garbage into a high quality distillate. The Maxxam results indicated better than expected quality characteristics, including lower than expected water content, higher cetane ratings and excellent API gravity numbers that prove Cielo has produced a light distillate. Additional analysis work is being conducted, on an expedited basis, that will allow Cielo’s engineers to finalize their selection of the most cost-effective solution to strip the sulphur out of the distillate. The remaining steps of the Phase I commissioning stage include processing the distillate to produce naptha, removing sulphur from the remaining distillate, and further processing that distillate to separate into kerosene and high-grade renewable diesel.

 

Don Allan, CEO of Cielo, states “Receiving the independent lab results that confirmed that our Aldersyde refinery is able to convert waste into a better quality distillate than we anticipated is excellent news and generally confirms our ability to convert garbage into distillate on a continuous flow basis. As the remaining steps in the process to convert the distillate into our final products of high-grade renewable diesel, kerosene and naphtha are proven processes that are common in refining, we are confident that we have crossed the biggest hurdles in the commissioning process. We look forward to announcing our continuous flow production numbers in the near future and letting the world know that we have successfully commissioned our first commercial refinery.

 

For more information please contact:

 

Cielo Waste Solutions Corp.

www.cielows.com
Don Allan, President & CEO        Michael Yeung, CFA, VP, Business Development & Capital Markets
(403) 348-2972 Ext. 101              (403) 348-2972 Ext. 103
donallan@cielows.com                michaelyeung@cielows.com
 

 

About Cielo Waste Solutions Corp.

 

Cielo Waste Solutions Corp. is a publicly traded company with its shares listed to trade on the Canadian Securities Exchange (“CSE”) under the symbol “CMC”. Cielo holds the exclusive license for the global rights to a transformational, patent-pending, technology engineered to convert garbage-derived feedstocks to renewable diesel, at a significantly lower cost than biofuel companies. With landfills being one of the world’s leading contributors to Green House Gas emissions and projected to double in size over the next 7 years, Cielo can potentially resolve this crisis, on a cost-effective basis, by converting multiple different garbage-derived feedstocks, including sorted municipal solid waste (garbage), wood and agriculture waste, tires, blue-box waste, all plastics and virtually any other cellulous waste product into high grade renewable diesel.

 

Cautionary Note Regarding Forward-looking Statements

 

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.


Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of its industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

 

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.







Source: Cielo Waste Solutions Corp. (CSE:CMC, FWB:C36)

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