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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, Inc. (OTC QB: BNET) announced a change in the presentation schedule for the 24th Annual H.C. Wainwright Global Investment Conference. The presentation will take place on September 12, 2022, at 4:30 PM ET. Attendees can register for one-on-one meetings with Mr. Scott from September 12-14. Bion's technology aims to mitigate the environmental impacts of large-scale livestock production while recovering valuable resources, presenting potential benefits for the $175 billion U.S. livestock industry.
Bion Environmental Technologies (OTC QB: BNET) announced that Craig Scott, Director of Communications, will present at the 24th Annual H.C. Wainwright Global Investment Conference from September 12-14, 2022, at the Lotte New York Palace. Scott's presentation is scheduled for September 14, 2022, at 10:30 am ET. Bion specializes in advanced livestock waste treatment technology that reduces environmental impacts while recovering valuable resources like organic fertilizers and renewable energy. The company aims to support sustainability in the $175 billion U.S. livestock industry.
Bion Environmental Technologies, Inc. (OTC QB: BNET) will benefit from the Inflation Reduction Act's federal investment tax credits (ITCs) for its advanced livestock waste treatment technology. The new biogas tax credit allows its anaerobic digesters to qualify for a 30% ITC, significantly reducing project costs. Implementing solar energy production is expected to increase project capex from $43 million to $53 million but will be offset by ITCs, potentially lowering total costs by $12.7 million. Bion aims to lead sustainable beef production, enhancing economic and environmental outcomes.
Bion Environmental Technologies (OTC QB: BNET) has appointed Bill O'Neill as its new CEO, effective May 1, 2022. Dominick Bassani, the outgoing CEO, transitions to Chief Operating Officer, focusing on sustainable beef opportunities. O'Neill brings 30 years of experience in the meat industry, having held roles at companies such as Smithfield Foods and Koch Industries. His leadership aims to leverage Bion's technology to meet the demand for sustainable meat production while increasing profitability. Bion's patented technology targets environmental challenges in livestock production.
Bion Environmental Technologies, Inc. (OTC QB: BNET) will present at the 2022 Virtual Growth Conference hosted by Maxim Group LLC from March 28-30, 2022. The conference, from 9:00 AM to 5:00 PM EDT, will cover diverse sectors including Biotech and Clean Energy. Bion focuses on advanced livestock waste treatment, aiming to mitigate environmental impacts while recovering renewable energy and high-value coproducts. Their technology supports sustainable livestock production and presents significant revenue opportunities within the $175 billion U.S. livestock industry.
Bion Environmental Technologies, Inc. (OTC QB: BNET) announced the issuance of its fourth patent for its third-generation technology platform, aimed at enhancing livestock waste treatment. This patent expands on the separation and recovery of ammonium bicarbonate from livestock waste without chemicals, improving efficiency and cost-effectiveness.
The company now holds four patents for its 3G Tech, which seeks to mitigate environmental issues associated with livestock production while facilitating high-value coproduct recovery and renewable energy generation.
Bion Environmental Technologies, Inc. (OTC QB: BNET) updated its shareholders via an SEC Form 8-K, detailing significant corporate changes. In 2021, 6,431,538 warrants were exercised for $4.82 million in gross proceeds before some expired unexercised. The company dissolved its subsidiary, Bion PA 1, which had total assets of $297.01 but liabilities of over $10 million. Bion also proposed amendments to its bylaws and articles, including increasing the authorized shares from 100 million to 250 million. Additionally, a new Equity Incentive Award Plan awaits shareholder approval.
Bion Environmental Technologies, Inc. (OTC QB: BNET) released a year-end update on December 13, 2021, outlining its focus on industry trends, a sustainable beef project, organic product approvals, and policy implications in Pennsylvania. The company's director highlighted growing Wall Street interest and ongoing corporate changes aimed at a potential uplist. Bion's proprietary technology addresses environmental issues in livestock production while enhancing revenue through high-value coproducts. The company emphasized its diverse strategies and opportunities in the market.
On November 16, 2021, Bion Environmental Technologies (OTC QB: BNET) announced that Pennsylvania Senate Bill 832, aimed at reducing environmental impacts of livestock waste, has been referred to the Appropriations Committee. The bill proposes the Pennsylvania Clean Water Procurement Program, which could significantly reduce costs associated with Chesapeake Bay compliance for taxpayers. Funding is expected to be at least $25 million for fiscal year 2021-2022. Bion's technology aims to help the $175 billion U.S. livestock industry achieve sustainability while recovering valuable coproducts.
Bion Environmental Technologies (OTC QB: BNET) announced a lease agreement for a site in Fair Oaks, Indiana, to develop a sustainable grain-finished beef production facility featuring its patented third-generation waste treatment technology (3G Tech). This facility is designed to house approximately 300 beef cattle and treat waste from 1,500 head. Expected to start operations in Spring 2022, it aims to produce sustainable beef products and gather operational data for certification under USDA's Process Verified Program. The initiative supports Bion's strategy for sustainability in the livestock industry.
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