Green Energy Renewable Solutions Signs Long Term Contract With Disposal Specialties, LLC
LAS VEGAS, June 27, 2012 /PRNewswire/ -- Green Energy Renewable Solutions, Inc. (OTCQB: EWRL) announced today that it has signed a long term contract with Disposal Specialties, LLC of Birmingham, Michigan that will guarantee up to 1,000 tons per day of construction and demolition waste for recycling operations at its Highland Park, Michigan facility.
Green Energy will process the incoming waste to recover and process valuable recyclable materials for re-introduction to the manufacturing stream. The Company is targeting a recovery rate of approximately 85% of incoming waste for recycling purposes.
"The Detroit Metro market is producing an average of over 10,000 tons of construction and demolition material daily. This long term contract guarantees us a steady stream of material to process and recover valuable materials and is the key to allowing us to execute on our business model. Disposal Specialties, LLC has over 40 years experience in the C&D disposal business and we are confident they will make a great partner," said Joe DuRant, CEO of Green Energy.
About Green Energy Renewable Solutions, Inc.Green Energy Renewable Solutions is a developer and operator of municipal solid waste and construction and demolition waste processing and recycling facilities. The Company operates with long-term supply agreements to process waste materials into valuable recyclables and reduce waste volume going into landfills by up to 85%. Green Energy Renewable Solutions has developed a strategic plan to create sustainable renewable energy with waste-to-energy power plants and the production of waste derived fuels.This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. SOURCE Green Energy Renewable Solutions, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV