Welcome to our dedicated page for STRATEGIC ENVIR&ENGY RES news (Ticker: SENR), a resource for investors and traders seeking the latest updates and insights on STRATEGIC ENVIR&ENGY RES stock.
STRATEGIC ENVIR&ENGY RES (SENR) is a publicly traded holding company specializing in environmental, renewable fuels, and industrial waste stream management services. Serving a diverse customer base, including oil and gas refineries, regional landfills, medical waste destruction operations, and food and beverage companies, SENR provides critical operations services to help customers comply with environmental and regulatory requirements. With extensive experience and strong customer relationships, SENR focuses on bringing effective technologies to the renewable fuels and industrial waste stream management sectors in the US and Europe.
Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR) has announced significant new contracts for its subsidiary, MV Technologies. The company has secured orders totaling approximately $1.4 million for H2S removal systems and media replacement. Notable contracts include:
1. A $600,000 system for a major potato processor
2. Two $400,000 systems for the dairy industry
3. A $240,000 system from a leading wastewater engineering firm
4. A $200,000 system for a recycled containerboard producer
Additionally, MV Technologies received $700,000 in orders for replacement and initial-install media. These contracts are expected to generate recurring annual media supply revenue, with the potato processor system alone requiring about $200,000 per year in media replacement.
Strategic Environmental & Energy Resources (SEER) announced that its subsidiary SEM, received a $600,000 order from Biochar Now (BCN) for the manufacturing of 33 kilns. This partnership is part of BCN's nationwide expansion and SEER's growth strategy.
SEER is working with BCN to open a joint venture biochar facility in Texas. BCN, in collaboration with AgriCap Group, has launched insured, high-integrity carbon credits and received ISCC Plus certification for using sustainable wood in biochar production.
SEER plans to develop additional biochar production facilities worldwide, focusing on Europe and Brazil. The company has obtained an air permit for the Texas facility and aims to create multiple revenue streams through kiln sales and carbon credit sales.
Strategic Environmental & Energy Resources, Inc. (OTCQB: SENR) has secured multiple purchase orders worth over $1.5 million for its proprietary H2S removal systems, aimed at compliance with state air emissions regulations in Canada and the US.
Additionally, the company has a staggering $22 million in outstanding project bids globally. MV Technologies is expanding its recurring media sales to approximately $1.2 million annually alongside new contracts worth $600,000 for media supply.
These developments underscore the growing demand for SEER's technologies in the renewable natural gas sector.
Strategic Environmental & Energy Resources (SENR) announced the successful relocation of its operating partner, Paragon Southwest Medical Waste (PSMW), to a new facility in Baytown, Texas. This move is part of a market consolidation plan and aims to enhance operational efficiency, expecting annual savings exceeding $1 million. The facility can treat 600,000 pounds of medical waste monthly and is set to operate at near capacity. Furthermore, PSMW is exploring international expansion opportunities in markets like Puerto Rico and Spain.
Strategic Environmental & Energy Resources, Inc. (SENR) and Paragon Southwest Medical Waste, LLC have agreed to consolidate their operations in the North American medical waste market. This strategic move aims to expand the business beyond Texas and establish multiple treatment facilities nationwide. SEER will increase its equity stake in the joint venture to approximately 30% while retaining its original equity in its majority-owned entity, Paragon. The consolidation is expected to enhance funding opportunities and improve operational efficiency, especially in light of challenges in the medical waste sector.
Strategic Environmental & Energy Resources, Inc. (SENR) has secured over $1.75MM in new purchase orders for its proprietary H2S removal systems, aimed at enhancing renewable natural gas (RNG) projects across the U.S. This includes a $220,000 contract for a Wisconsin dairy processor and a $470,000 system for a Minnesota dairy farm. Additionally, recent H2S systems for wastewater treatment plants contribute to the company's diverse and expanding portfolio, which now includes approximately $3.5MM in active contracts. SEER emphasizes its commitment to reducing carbon footprints and advancing renewable energy solutions.
FAQ
What is the current stock price of STRATEGIC ENVIR&ENGY RES (SENR)?
What is the market cap of STRATEGIC ENVIR&ENGY RES (SENR)?
What services does STRATEGIC ENVIR&ENGY RES provide?
Who are the typical customers of STRATEGIC ENVIR&ENGY RES?
What is STRATEGIC ENVIR&ENGY RES's commitment?
Where does STRATEGIC ENVIR&ENGY RES operate?
How does STRATEGIC ENVIR&ENGY RES benefit its customers?
What sets STRATEGIC ENVIR&ENGY RES apart from its competitors?
How can I contact STRATEGIC ENVIR&ENGY RES?
Is STRATEGIC ENVIR&ENGY RES publicly traded?
What regions does STRATEGIC ENVIR&ENGY RES focus on?