SusGlobal Energy Corp. CEO Discusses Waste-to-Revenue Strategy in Audio Interview with SmallCapVoice.com
On November 9, 2021, SusGlobal Energy Corp. (SNRG) announced an interview discussing the company's sustainable waste management solutions. CEO Marc Hazout highlighted a new agreement with Blue Source Canada to monetize carbon credits from its Ontario facility. Hazout noted the significance of this agreement against the backdrop of COP26, emphasizing the potential shift from voluntary to mandatory carbon credit markets. SNRG aims to leverage its infrastructure to meet growing municipal needs, with expectations for significant revenue growth in 2022, driven by its innovative products like SusGro™ organic fertilizer.
- Agreement with Blue Source Canada to monetize carbon credits could enhance revenue.
- Potential for increased demand for carbon credits due to global regulatory trends.
- Expectation of significant revenue growth in 2022 from processing and products like SusGro™.
- None.
AUSTIN, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (“SCV”) today announces the availability of a new interview with Marc Hazout, CEO, SusGlobal Energy Corp. (OTCQB: SNRG) (“SNRG” or “the Company”), to discuss the monetary potential of the Company’s voluntary, environmentally friendly operation.
SNRG is an innovator of sustainable waste management solutions for municipalities. The Company recently signed an agreement with Blue Source Canada (“Bluesource”), which will assist the Company in monetizing carbon credits obtained from its organic waste processing and composting facility in Belleview, Ontario.
Speaking with SCV’s Stuart Smith, Hazout emphasized the timeliness of the agreement as world leaders are currently meeting at the 2021 UN Climate Change Conference (COP 26) in Scotland.
“One of the main topics [at COP26] is landfilling organic waste, which produces the most greenhouse gas emissions worldwide. Of course, carbon credits are a solution to try and offset the carbon that is being emitted,” Hazout said, noting that Tesla was one of the first companies to turn a profit by selling environmental credits earlier this year.
Hazout explained how carbon credit monetization works. As Leaders in the Circular Economy®, SNRG diverts organic waste away from landfills, routing it through a proprietary conversion process that creates regenerative products such dry compost and liquid fertilizer. Bluesource will audit the tonnage to determine the amount of carbon credits the Company should receive. From here, SNRG will sell its credits to large emitters who need to offset their own carbon footprint.
For now, the incentivized system is voluntary, but world governments leaning toward legislation that would require zero-emissions and thus increase the value of carbon credits. “Eventually we’re going to graduate toward a mandatory market, and those are the markets that are being discussed at COP26,” Hazout said.
At this point, SNRG will leverage its infrastructure and processing facilities to meet the needs of municipalities and haulers affected by this change. “Once no more landfilling organic waste becomes law then SNRG, we will be operating at capacity and the revenue that we will generate will be much more than any carbon credits that we would obtain,” said Hazout. “It’s a win-win situation for SNRG, whose model has always been to divert organic waste from landfill and then produce regenerative products as part of our circular economy model.”
The interview also highlighted SusGro™, SNRG’s pathogen-free, organic liquid biofertilizer derived from organic waste. Awarded the "2021 Product Innovation Award in the Fertilizer Market" by Lucintel, SusGro™ plays a crucial role in the Company’s goals for 2022.
“We begin processing in Q2 and we expect revenues to grow exponentially,” said Hazout. “Without a doubt, 2022 is a year that we’re going to set significant milestones. We’re going to see a significant increase in revenues, and of course that will translate to appreciation in the share price as we continue to maximize shareholder value.”
The full interview can be heard at: https://www.smallcapvoice.com/november-interview-susglobal-energy-corp-snrg/.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGro™, an award winning and revolutionary pathogen free organic liquid fertilizer, is a renewables company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at https://SusGlobalEnergy.com
About SmallCapVoice.com
SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.
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Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.
Contact
SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: Info@SusGlobalEnergy.com
SmallCapVoice.com Contact:
Stuart T. Smith
512-267-2430
Info@SmallCapVoice.com
Source: SmallCapVoice.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/defeafb8-d4db-445d-b8e6-4b380fce78fc
FAQ
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