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Methes (MEIL) Formulates with Renewable + Re-refined Base Stocks

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Methes (OTC PINK:MEIL) has announced the finalization of its new assortment of environmentally acceptable bio-lubricants. These products are now formulated with both renewable (bio-based) and re-refined base stocks, meeting and exceeding industry standards. Methes' CEO, Carol Loch, emphasized that the increased use of renewable and re-refined materials supports the company's commitment to sustainability. The new products include passenger car motor oils (0W-20, 5W-20, 5W-30), high oleic hydraulic fluids (AW-32, AW-46, AW-68), and various gear oils, including ISO 220. Distribution is expected to begin in the fourth quarter of 2024, with all products meeting the biodegradability requirements of being 'readily biodegradable' (≥ 60% by OECD 301A-F/ASTM D7373 testing).

Methes (OTC PINK:MEIL) ha annunciato la finalizzazione del suo nuovo assortimento di bio-lubrificanti ecocompatibili. Questi prodotti sono ora formulati con materie prime rinnovabili (bio-based) e raffinate nuovamente, rispettando e superando gli standard del settore. Il CEO di Methes, Carol Loch, ha sottolineato che l'aumento dell'uso di materiali rinnovabili e raffinati supporta l'impegno dell'azienda per la sostenibilità. I nuovi prodotti includono oli motore per auto passeggeri (0W-20, 5W-20, 5W-30), fluidi idraulici ad alto oleico (AW-32, AW-46, AW-68) e vari oli per ingranaggi, incluso ISO 220. La distribuzione è prevista per il quarto trimestre del 2024, con tutti i prodotti conformi ai requisiti di biodegradabilità di essere 'facilmente biodegradabili' (≥ 60% secondo i test OECD 301A-F/ASTM D7373).

Methes (OTC PINK:MEIL) ha anunciado la finalización de su nuevo surtido de bio-lubricantes ecológicos. Estos productos están formulados con materias primas renovables (bio-basadas) y base refinada nuevamente, cumpliendo y superando los estándares de la industria. La CEO de Methes, Carol Loch, enfatizó que el uso creciente de materiales renovables y re-refinados respalda el compromiso de la empresa con la sostenibilidad. Los nuevos productos incluyen aceites de motor para automóviles de pasajeros (0W-20, 5W-20, 5W-30), fluidos hidráulicos de alto oleico (AW-32, AW-46, AW-68) y varios aceites para engranajes, incluyendo ISO 220. Se espera que la distribución comience en el cuarto trimestre de 2024, con todos los productos cumpliendo los requisitos de biodegradabilidad de ser 'fácilmente biodegradables' (≥ 60% según pruebas OECD 301A-F/ASTM D7373).

메테스 (OTC PINK:MEIL)가 환경 친화적인 바이오 윤활유의 새로운 품목을 최종 승인했다고 발표했습니다. 이 제품들은 이제 재생 가능(바이오 기반) 및 재정제된 기초 원료로 제조되어 업계 기준을 충족하고 초과합니다. 메테스의 CEO인 캐롤 록(Carol Loch)은 재생 가능하고 재정제된 물질의 사용 증가가 회사의 지속 가능성에 대한 약속을 뒷받침한다고 강조했습니다. 새로운 제품에는 승용차 엔진 오일(0W-20, 5W-20, 5W-30), 고올레산 유압유(AW-32, AW-46, AW-68) 및 ISO 220을 포함한 다양한 기어 오일이 포함됩니다. 유통은 2024년 4분기부터 시작될 것으로 예상되며, 모든 제품은 '쉽게 생분해 가능' (≥ 60% OECD 301A-F/ASTM D7373 테스트 기준) 요구 사항을 충족합니다.

Methes (OTC PINK:MEIL) a annoncé la finalisation de sa nouvelle gamme de bio-lubrifiants respectueux de l'environnement. Ces produits sont désormais formulés avec des stocks de base renouvelables (bio-sourcés) et réraffinés, respectant et dépassant les normes de l'industrie. La PDG de Methes, Carol Loch, a souligné que l'augmentation de l'utilisation de matériaux renouvelables et réraffinés soutient l'engagement de l'entreprise envers la durabilité. Les nouveaux produits comprennent des huiles moteur pour voitures particulières (0W-20, 5W-20, 5W-30), des fluides hydrauliques à haute teneur en oléagineux (AW-32, AW-46, AW-68) et divers huiles de transmission, y compris ISO 220. La distribution devrait commencer au quatrième trimestre de 2024, tous les produits répondant aux exigences de biodégradabilité de 'facilement biodégradable' (≥ 60 % selon les tests OECD 301A-F/ASTM D7373).

Methes (OTC PINK:MEIL) hat die Finalisierung ihres neuen Sortiments umweltfreundlicher Bio-Schmierstoffe bekannt gegeben. Diese Produkte werden jetzt sowohl mit erneuerbaren (biobasierten) als auch mit erneut raffinierten Basisstoffen formuliert, die die Branchenstandards erfüllen und übertreffen. Die CEO von Methes, Carol Loch, betonte, dass der erhöhte Einsatz von erneuerbaren und erneut raffinierten Materialien das Engagement des Unternehmens für Nachhaltigkeit unterstützt. Zu den neuen Produkten gehören Motoröle für PKW (0W-20, 5W-20, 5W-30), hochölsäurehaltige Hydraulikflüssigkeiten (AW-32, AW-46, AW-68) und verschiedene Getriebeöle, einschließlich ISO 220. Der Vertrieb wird voraussichtlich im vierten Quartal 2024 beginnen, wobei alle Produkte die Anforderungen an die Bioabbaubarkeit von 'leicht biologisch abbaubar' (≥ 60 % gemäß OECD 301A-F/ASTM D7373-Tests) erfüllen.

Positive
  • Finalization of environmentally acceptable bio-lubricants.
  • Use of renewable and re-refined base stocks.
  • Products meeting and exceeding industry standards.
  • Distribution targeted for Q4 2024.
  • Products achieve 'readily biodegradable' status.
Negative
  • None.

CELEBRATION, FL / ACCESSWIRE / October 3, 2024 / Methes Energies International Ltd. ("Methes" - http://www.methes.com) / (OTC PINK:MEIL) is pleased to announce and confirm the finalizing of their assortment of newly formulated environmentally acceptable bio-lubricants now made with both renewable (bio-based) and re-refined base stocks that satisfy and exceed the industry standards while meeting the growing concerns and demands of both government regulations as well as environmentally responsible end-users.

"By including as well as increasing our total % of renewable and re-refined base stocks in our formulas enables us to expand our current green footprint while maintaining our bio-based/biodegradability branding claims for b2 biOils," said Carol Loch, CEO and Chairman of Methes. "This assortment will continue to achieve our product's ability to biodegrade quickly and nearly complete within 28 days."

The newly formulated assortment will include passenger car motor oils (0W-20, 5W-20 and 5W-30), high oleic hydraulic fluids (AW-32, AW-46 and AW-68); and, a variety of gear oils, including ISO 220. Distribution availability is targeted for late fall - early winter, beginning 4th Quarter 2024, as all products continue to satisfy the biodegradability requirements defined as "readily biodegradable" (≥ 60% by OECD 301A-F/ASTM D7373 testing); which, are all considered environmentally preferable.

ABOUT

Branded as "b2 biOil," Methes Energies International Ltd., which trades under the symbol "MEIL" on OTC Markets (https://www.otcmarkets.com/stock/MEIL/quote), is a totally green "CLEAN TECH" renewable energy company that manufactures and markets an assortment of biodegradable and bio-based bio-lubricants, by combining domestically sourced farm grown bio-derived feedstocks with proprietary technologies for superior performance, all molded around and supporting the four ideologies of being GREEN: renewable, biodegradable, recyclable and non-toxic (earth-friendly).

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FORWARD LOOKING STATEMENTS

This press release may contain forward-looking statements (Safe Harbor Statements) covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe;" and, similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

CONTACT: Yale Capital Consulting
813 548-0430
yalecapitalconsulting@outlook.com

SOURCE: Methes Energies International Ltd.



View the original press release on accesswire.com

FAQ

What new products has Methes (MEIL) announced?

Methes has announced new bio-lubricants including passenger car motor oils, high oleic hydraulic fluids, and various gear oils.

What materials are used in Methes' new bio-lubricants?

Methes' new bio-lubricants are formulated with renewable (bio-based) and re-refined base stocks.

When will Methes (MEIL) start distributing the new bio-lubricants?

Methes plans to start distributing the new bio-lubricants in the fourth quarter of 2024.

Do Methes' new bio-lubricants meet biodegradability standards?

Yes, Methes' new bio-lubricants are considered 'readily biodegradable' with a biodegradability rate of ≥ 60%.

METHES ENERGIES LTD

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