Welcome to our dedicated page for Bion Environment news (Ticker: BNET), a resource for investors and traders seeking the latest updates and insights on Bion Environment stock.
Bion Environmental Technologies, Inc. (OTC QB: BNET) is a pioneering company in the livestock waste treatment and clean technology industry. Bion's unique and patented technology platform offers high-impact solutions for concentrated animal feeding operations (CAFOs), addressing environmental concerns while enhancing operational efficiency. With a focus on the $180 billion U.S. animal protein sector, Bion aims to revolutionize livestock production by minimizing pollution and maximizing resource recovery.
Bion's third-generation technology (Gen3Tech) stands out for its ability to eliminate harmful environmental impacts from large-scale production. The system recovers valuable nutrients and renewable energy from livestock waste, converting potential pollutants into clean water, high-value organic fertilizers, and low-carbon precision fertilizers. The technology also generates renewable energy, contributing to a sustainable production cycle.
In recent developments, Bion announced key additions to its advisory group, including industry veterans like Steve Sands and Chris Cook. These strategic additions are set to bolster Bion's supply chain and marketing strategies for sustainable beef production. The company is also preparing to commercialize its Ammonia Recovery System (ARS), which has demonstrated exceptional performance at Bion's Fair Oaks, Indiana facility.
Moreover, Bion received a new patent extending its ARS technology to industrial and municipal wastewater streams. This broadens Bion's market reach and reinforces its position as a leader in clean technology. The company is actively working on OMRI and CDFA certifications for its premium organic fertilizers, which are derived from livestock waste.
Bion is currently navigating financial challenges due to construction delays and management transitions. However, the company remains optimistic about raising capital and securing strategic partnerships to advance its projects. Recent leadership changes reflect Bion's commitment to execution and project development, with a renewed focus on budget, fiscal responsibility, and accountability.
For more information, visit Bion’s website.
Bion Environmental Technologies (BNET) has produced and distributed samples of its organic nitrogen fertilizers to several major U.S. manufacturers and distributors. The company has developed two products: Bion AB10, an OMRI Listed 10% nitrogen fertilizer (10-0-0), and a new 7-0-0 product designed for western U.S. markets, pending California Department of Food and Agriculture organic certification.
The fertilizers are produced using Bion's Ammonia Recovery System (ARS), which captures over 90% of ammonia released during Renewable Natural Gas (RNG) production from organic waste. The system converts the captured ammonia into ammonium bicarbonate, creating a stabilized, readily-available source of plant nitrogen that can be efficiently transported and precision-applied.
The technology addresses environmental concerns by preventing ammonia escape while creating valuable organic fertilizer products, supporting both sustainable livestock operations and the renewable fuels industry.
Bion Environmental Technologies (BNET) has completed testing of its Ammonia Recovery System (ARS) at Fair Oaks, achieving significant milestones. Independent lab results confirm the system can effectively isolate and upcycle ammonia from digester effluent at commercial scale, with performance exceeding initial models. The ARS can capture over 85% of ammonia from waste streams, converting it into high-value organic nitrogen fertilizer.
The company has received OMRI fertilizer listing and is preparing an independent engineering report. Bion is in discussions with major fertilizer distributors and exploring opportunities in California's Central Valley for circular ammonia and water recovery solutions. The technology shows improved economics and operational efficiency at larger scales, with potential for further cost reductions through planned modifications.
Bion Environmental Technologies (OTC QB: BNET), a company specializing in advanced livestock waste treatment technology, has released an Update and Outlook report. The company's patented Ammonia Recovery System converts animal manure and organic waste into organic nitrogen fertilizer products and clean water. Bion is currently focusing on providing ammonia control and resource recovery for an indoor cattle feeding operation in Montana, while also developing solutions for the renewable natural gas and clean fuels sector.
Bion Environmental Technologies (OTC QB: BNET) provided updates on multiple fronts. The Board ratified a $500,000 note agreement with BLG, , which includes three Bion Directors. The company's Ammonia Recovery System (ARS) at Fair Oaks continues meeting expectations, with its OMRI Listed 10-0-0 liquid nitrogen fertilizer showing a 96% lower Carbon Intensity score compared to urea baseline. The company is progressing with the Yellowstone Cattle Feeders project in Shepherd, Montana, aiming to begin construction by December 31, 2024.
Bion Environmental Technologies (OTC QB: BNET) has announced a shareholder call scheduled for October 9, 2024, at 7:00 PM ET. The company is finalizing testing and data runs at its Ammonia Recovery System (ARS) demonstration facility in Fair Oaks, Indiana, with completion expected this quarter. Bion has received funding from a previously announced loan group, though a formal agreement is pending due to resolved patent-related issues.
The company is in the pre-development phase of the Stovall-Bion project in Shepherd, Montana, aiming to begin construction by December 31, 2024. Despite recent challenges, Bion's interim CEO Craig Scott highlighted that the ARS technology's performance has exceeded expectations. The company's patented system produces organic and low-carbon nitrogen fertilizer products and clean water from animal manure waste, supporting their Gen3Tech system for sustainable livestock production.
Bion Environmental Technologies (OTC QB: BNET) has achieved a significant milestone with its commercial 10-0-0 nitrogen fertilizer now OMRI Listed for organic use. This breakthrough, produced by Bion's patented Ammonia Recovery System (ARS), captures nitrogen from livestock manure and organic waste streams, converting it into a stable, concentrated liquid fertilizer. The ARS technology addresses key environmental concerns by reducing carbon footprint, nitrogen runoff, and off-gassing.
The fertilizer's unique properties allow for efficient application in organic crop production, potentially closing the yield gap between organic and conventional farming. Bion plans to target markets including high-value specialty crops, organic corn side dressing, and hydroponic applications. This innovation represents a major step towards circular agriculture, enhancing nutrient management and resource efficiency in livestock and farming operations.
Bion Environmental Technologies (OTC QB: BNET) has secured $500,000 in short-term financing from a group led by its three newest board members. The financing will be in the form of a note convertible into shares at the terms of Bion's next offering. Proceeds will maintain operations until a larger offering can be completed.
The company plans to pursue two main opportunities: the Stovall Ranching Company JV for premium Montana beef production and standalone ammonia control solutions for industrial and municipal sectors. Interim CEO Craig Scott acknowledged past leadership and cash flow issues but emphasized the company's technology has exceeded expectations.
Bion's patented Ammonia Recovery System produces organic and low-carbon nitrogen fertilizer products and clean water from animal manure and other organic waste streams. The company is focusing on developing state-of-the-art indoor cattle feeding operations and providing solutions in the clean fuels industry.
Bion Environmental Technologies announced the appointment of Turk Stovall and Bob Weerts to its Board of Directors. Stovall, a fifth-generation Montana rancher and CEO of Stovall Ranching Companies, brings extensive experience in cattle feeding and will also lead a JV to develop a new cattle feeding facility in Shepherd, Montana. Weerts, a Minnesota-based entrepreneur and long-time Bion shareholder, has a diverse business background in areas like erosion control, sod farming, and energy development. Bion's Head of Business Development, Craig Scott, highlighted their valuable expertise in bolstering Bion's commercialization and project development efforts.
Stovall Ranching Companies and Bion Environmental Technologies have announced a partnership to develop a state-of-the-art cattle feeding facility in Shepherd, Montana. The facility, designed to house 15,000 cattle, aims to produce high-quality, eco-friendly beef using Bion's advanced waste treatment and resource recovery technology. This includes solar power, organic fertilizers, and clean water harvesting systems. Turk Stovall, CEO of Stovall Ranching Companies, will join Bion’s Board of Directors and lead the venture. Both companies believe this project will set a new standard for sustainable beef production and could serve as a model for future facilities.
Bion Environmental Technologies has announced key leadership changes as it refocuses its efforts on project execution and development. CEO Bill O’Neill has resigned effective June 1, 2024, to pursue other interests, with Greg Schoener taking over as Interim Chief Operating Officer and joining the Board of Directors on the same date. Craig Scott, who has held various senior positions at Bion since 1996, has also joined the Board of Directors and will take on broader management duties.
Mark Smith, Chairman of the Board and President, was set to retire at the end of June 2024 but will continue to assist with the transition. The company remains focused on its capital needs and the engineering of its Ammonia Recovery System (ARS) at Fair Oaks, targeting cost-effective ammonia control for industrial organic waste streams, particularly in the meat packing/slaughter sector. Bion expects to commence a new project shortly and aims to leverage tougher EPA discharge standards to capitalize on its sustainable beef opportunity.
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