Quest® Proganics™ Provides a Transformative Step Forward In Organics Recycling

Rhea-AI Summary

Quest Resource Holding Corporation (Nasdaq: QRHC) has launched Quest Proganics, a new process designed to significantly reduce organic waste in landfills. Annually, over 23.6 million tons of food waste from various industries contributes to landfill waste. The new service enables clients to achieve up to 100% diversion of organic waste and potentially reduce total landfill waste by over 70%. Quest Proganics offers a comprehensive, cost-efficient solution for handling various organic materials, repurposing them into compost, biofuel, or animal feed.

Positive

• Quest Proganics allows for up to 100% diversion of organic waste from landfills.
• Potential reduction of landfill waste by 70% or more for clients.
• Comprehensive process for all organic materials, enhancing operational efficiency.

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• None.

THE COLONY, Texas, April 28, 2021 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (Nasdaq: QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced the introduction of Quest^® Proganics™, a newly developed process that delivers significant diversion levels of organic waste away from landfills.

More than 23.6 million tons of food waste in the United States ends up in landfills annually from manufacturers, grocery stores and restaurants alone.¹ Using Quest Proganics, clients could achieve as much as 100% diversion of organic waste away from the landfill. For many, that can equate to a reduction in their total landfill of 70% or more.

Quest Proganics provides a single process that handles all organic material. This includes packaged food, non-packaged food, floral, cardboard, all types of paper products, plastics and waxed cardboard used in food packaging. All of the materials are handled through a single collection process, making Quest Proganics a cost efficient, comprehensive organics recycling solution. The organic materials are 100% diverted, recycled and repurposed to create compost, biofuel or animal feed; and the packaging materials are used for Waste-to-Energy (WTE).

“As a recycling innovator, we seek to progress and develop the standard for organics recycling. The introduction of Quest Proganics is the next step forward, which supports the zero-waste goal that many companies are pursuing and the compliance with increasing waste regulations,” said Quest President and Chief Executive Officer S. Ray Hatch. “Quantified, sustainable results separate Quest Proganics from all other services on the market and proves it is transformative in organics recycling. It delivers direct economic benefits as well as a number of other operational advantages”, added Hatch.

Quest has been providing organic waste solutions for more than a decade to a variety of industries across the United States. The success and learnings from these client-tailored programs, coupled with an eye towards innovation, has led to the formulation of Quest Proganics and the breakthrough results that the service delivers. For companies that may have different needs, Quest also builds custom organic recycling programs to meet their unique business and sustainability goals.

For more information on Quest Proganics, please visit www.QuestRMG.com/QuestProganics or contact Leigh Harrington at QuestMarketing@QuestRMG.com.

¹Feeding America, 2021. www.feedingamerica.org/our-work/our-approach/reduce-food-waste

About Quest Resource Holding Corporation
Quest is a national provider of waste and recycling services that enable customers to achieve and satisfy their environmental and sustainability goals and responsibilities. Quest provides businesses across multiple industry sectors with single source, customer specific solutions to address a wide variety of waste streams and recyclables generated by their operations. Quest also provides information and data that tracks and reports the environmental results of Quest’s services, provides actionable data to improve business operations, and enables Quest’s customers to achieve and satisfy their environmental and sustainability goals and responsibilities. For more information, visit www.qrhc.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include, but are not limited to, our belief that using Quest Proganics could result in clients achieving as much as 100% diversion of organic waste away from the landfill. These statements are based on our current expectations, estimates, projections, beliefs, and assumptions. Such statements involve significant risks and uncertainties. You are cautioned not to place undue reliance on such statements and to consult our SEC filings for additional risks and uncertainties that may apply to our business and the ownership of our securities. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.

Investor Relations Contact:
Three Part Advisors, LLC - Joe Noyons • 817.778.8424

Media Contact:
Quest Resource Management Group - Leigh Harrington • 972.464.0014

FAQ

What is Quest Proganics introduced by QRHC?

Quest Proganics is a new process by Quest Resource Holding Corporation aimed at significantly diverting organic waste from landfills.

How much organic waste can QRHC's Quest Proganics process divert?

Quest Proganics can enable clients to achieve up to 100% diversion of organic waste away from landfills.

What materials are handled by Quest Proganics?

Quest Proganics handles packaged food, non-packaged food, floral, cardboard, paper products, plastics, and waxed cardboard.

What are the environmental benefits of Quest Proganics?

Quest Proganics provides operational advantages and supports companies' zero-waste goals and compliance with waste regulations.

When was Quest Proganics announced by QRHC?

Quest Proganics was announced on April 28, 2021.