Waste Energy Corp Embarks on Mission to Divert, Convert & Eliminate Plastic Waste Through Clean Energy Innovation
Waste Energy Corp (OTCQB:WAST) has signed a binding letter of intent to establish its first waste-to-energy conversion site in Fayetteville, North Carolina. The facility, spanning up to 26,000 square feet, will have the capacity to divert and convert up to 30 tons of plastic waste daily and is expected to be operational and revenue-generating by Q2 2025.
The Fayetteville location was strategically chosen for its position along the primary Eastern United States rail line and access to the I-95 corridor. The facility will utilize pyrolysis and AI technology to convert plastic waste into clean energy alternatives, addressing the critical issue of plastic waste management while reducing dependency on traditional oil sources.
The initiative comes amid concerning statistics: only 5% of plastic waste in the US is recycled, while over 86% ends up in landfills. Globally, over 400 million tons of plastic waste are generated annually, with just 9% being effectively recycled.
Waste Energy Corp (OTCQB:WAST) ha firmato una lettera di intenti vincolante per stabilire il suo primo impianto di conversione dei rifiuti in energia a Fayetteville, Carolina del Nord. La struttura, che si estende su una superficie di 26.000 piedi quadrati, avrà la capacità di deviare e convertire fino a 30 tonnellate di rifiuti di plastica al giorno e si prevede che diventi operativa e generi entrate entro il secondo trimestre del 2025.
La posizione di Fayetteville è stata scelta strategicamente per la sua posizione lungo la principale linea ferroviaria degli Stati Uniti orientali e per l'accesso al corridoio I-95. L'impianto utilizzerà tecnologie di pirolisi e intelligenza artificiale per convertire i rifiuti di plastica in alternative energetiche pulite, affrontando la questione critica della gestione dei rifiuti di plastica e riducendo la dipendenza dalle fonti di petrolio tradizionali.
L'iniziativa arriva in un contesto preoccupante: solo il 5% dei rifiuti di plastica negli Stati Uniti viene riciclato, mentre oltre l'86% finisce nelle discariche. A livello globale, ogni anno vengono generati oltre 400 milioni di tonnellate di rifiuti di plastica, con solo il 9% che viene effettivamente riciclato.
Waste Energy Corp (OTCQB:WAST) ha firmado una carta de intención vinculante para establecer su primer sitio de conversión de residuos en energía en Fayetteville, Carolina del Norte. La instalación, que abarca hasta 26,000 pies cuadrados, tendrá la capacidad de desviar y convertir hasta 30 toneladas de residuos plásticos diariamente y se espera que esté operativa y genere ingresos para el segundo trimestre de 2025.
La ubicación de Fayetteville fue elegida estratégicamente por su posición a lo largo de la principal línea ferroviaria del este de Estados Unidos y su acceso al corredor I-95. La instalación utilizará tecnología de pirólisis e inteligencia artificial para convertir los residuos plásticos en alternativas de energía limpia, abordando el problema crítico de la gestión de residuos plásticos mientras reduce la dependencia de las fuentes de petróleo tradicionales.
La iniciativa surge en medio de estadísticas preocupantes: solo el 5% de los residuos plásticos en EE. UU. se recicla, mientras que más del 86% termina en vertederos. A nivel mundial, se generan más de 400 millones de toneladas de residuos plásticos anualmente, de los cuales solo el 9% se recicla efectivamente.
Waste Energy Corp (OTCQB:WAST)는 노스캐롤라이나주 페이엇빌에 첫 번째 폐기물 에너지 변환 시설을 설립하기 위한 법적 구속력이 있는 의향서를 체결했습니다. 이 시설은 최대 26,000 제곱피트의 면적을 차지하며, 하루 최대 30톤의 플라스틱 폐기물을 전환하고 변환할 수 있는 능력을 갖추고 있으며, 2025년 2분기까지 운영을 시작하고 수익을 창출할 것으로 예상됩니다.
페이엇빌 위치는 미국 동부의 주요 철도 노선과 I-95 회랑에 접근할 수 있는 위치로 전략적으로 선택되었습니다. 이 시설은 피롤리시스 및 인공지능 기술을 활용하여 플라스틱 폐기물을 청정 에너지 대안으로 변환하여 플라스틱 폐기물 관리의 중요한 문제를 해결하고 전통적인 석유 자원에 대한 의존도를 줄입니다.
이 이니셔티브는 우려스러운 통계 속에서 등장했습니다: 미국에서 플라스틱 폐기물의 단 5%만 재활용되고 있으며, 86% 이상이 매립지로 가고 있습니다. 전 세계적으로 매년 4억 톤 이상의 플라스틱 폐기물이 발생하며, 그 중 단 9%만이 효과적으로 재활용됩니다.
Waste Energy Corp (OTCQB:WAST) a signé une lettre d'intention contraignante pour établir son premier site de conversion des déchets en énergie à Fayetteville, en Caroline du Nord. L'installation, s'étendant sur jusqu'à 26 000 pieds carrés, aura la capacité de détourner et de convertir jusqu'à 30 tonnes de déchets plastiques par jour et devrait être opérationnelle et générer des revenus d'ici le deuxième trimestre 2025.
La localisation de Fayetteville a été choisie stratégiquement en raison de sa position le long de la principale ligne ferroviaire de l'est des États-Unis et de son accès au corridor I-95. L'installation utilisera des technologies de pyrolyse et d'intelligence artificielle pour convertir les déchets plastiques en alternatives énergétiques propres, abordant la question cruciale de la gestion des déchets plastiques tout en réduisant la dépendance aux sources de pétrole traditionnelles.
Cette initiative intervient dans un contexte préoccupant : seulement 5 % des déchets plastiques aux États-Unis sont recyclés, tandis que plus de 86 % finissent dans des décharges. À l'échelle mondiale, plus de 400 millions de tonnes de déchets plastiques sont générées chaque année, dont seulement 9 % sont effectivement recyclés.
Waste Energy Corp (OTCQB:WAST) hat einen verbindlichen Letter of Intent unterzeichnet, um seinen ersten Standort zur Umwandlung von Abfall in Energie in Fayetteville, North Carolina, zu errichten. Die Anlage, die eine Fläche von bis zu 26.000 Quadratfuß umfasst, wird in der Lage sein, täglich bis zu 30 Tonnen Kunststoffabfälle zu umleiten und umzuwandeln, und soll bis zum zweiten Quartal 2025 betriebsbereit und ertragsbringend sein.
Der Standort Fayetteville wurde strategisch aufgrund seiner Lage entlang der wichtigsten Eisenbahnlinie im Osten der Vereinigten Staaten und dem Zugang zum I-95-Korridor ausgewählt. Die Anlage wird Pyrolyse- und KI-Technologie nutzen, um Kunststoffabfälle in saubere Energiealternativen umzuwandeln und so das kritische Problem der Kunststoffabfallbewirtschaftung anzugehen, während die Abhängigkeit von herkömmlichen Ölquellen verringert wird.
Die Initiative kommt vor dem Hintergrund besorgniserregender Statistiken: Nur 5% der Kunststoffabfälle in den USA werden recycelt, während über 86% auf Deponien landen. Weltweit werden jährlich über 400 Millionen Tonnen Kunststoffabfälle erzeugt, von denen nur 9% effektiv recycelt werden.
- Secured first facility with 26,000 square feet capacity
- Facility capable of processing 30 tons of plastic waste daily
- Revenue generation expected to begin Q2 2025
- Strategic location with access to major transportation routes
- Pre-revenue stage with no current operations
- Significant capital investment likely needed for facility buildout
- Execution risk in new, unproven operations
Company Secures First Waste-to-Energy Conversion Site in Fayetteville, North Carolina
FAYETTEVILLE, NC / ACCESS Newswire / February 13, 2025 / Waste Energy Corp ("Waste Energy" or the "Company"), (OTCQB:WAST), an emerging waste-to-energy (WTE) company at the forefront of sustainable innovation, dedicated to diverting plastic and tires waste stream from oceans, streams, nature and food supplies, proudly announced that it has signed a binding letter of intent to secure and build out its first waste-to-energy conversion site in Fayetteville, North Carolina. The move marks the first step in a long journey to divert, convert, and utilize plastic waste streams as a fuel source-permanently removing it from the cycle that pollutes America's landfills, oceans, and waterways. The Fayetteville facility is expected to be fully operational and revenue generating by the second quarter of 2025.
"Our commitment to play our part in a cleaner planet and a more sustainable future is taking a giant leap forward with the opening of the Fayetteville facility," said Scott Gallagher, Chairman and CEO of Waste Energy Corp. "We are thrilled to have secured up to 26,000 square feet of space to build out and operate our first waste-to-energy conversion site. The Fayetteville location will be able to divert and convert up to 30 tons of plastic waste per day. We are turning plastic waste into an asset, demonstrating that environmental responsibility and business profitability can go hand in hand."
Gallagher went on to say, "Fayetteville's strategic location along the primary rail line serving the Eastern United States-from Florida to Maine-combined with its access to the vital I-95 corridor, made it a prime choice as we meticulously mapped out and searched for the ideal location. Our project is launching at a pivotal moment when both the nation and the world are facing an escalating crisis in plastic waste management and energy sustainability. Now, more than ever, innovative solutions like ours will be essential to driving real change."
Rob Patton, Executive Vice President of FCEDC (Fayetteville Cumberland Economic Development Corporation) stated, "As a growing center of innovation, this is an excellent example of cutting-edge technology addressing a global need. We are proud to welcome Scott and Waste Energy Corp. to Fayetteville and Cumberland County."
Plastic Waste by the numbers:
Only around
5% of plastic waste in the US is recycled.Over
86% of plastic waste in the US is sent to landfills.In the time it took you to watch the Super Bowl (3.5 hours), North Carolinians sent approx. 978,092 plastic drink bottles to a landfill.
Globally, over 400 million tons of plastic waste are generated annually, with only
9% effectively recycled.The United States alone discards nearly 40 million tons of plastic waste per year, with over
85% ending up in landfills or the environment.If left unchecked, experts estimate that by 2050, there will be more plastic in the ocean than fish by weight.
Through its innovative use of pyrolysis and AI technology, Waste Energy Corp aims to significantly divert plastic waste from America's landfills while producing net clean energy alternatives, reducing dependency on fracking & middle east oil sources, and permanently eliminating plastic waste from polluting ecosystems.
The Fayetteville site is just the beginning. Waste Energy Corp's long-term vision includes expanding its waste-to-energy operations and its impact nationwide.
For more information about Waste Energy Corp, please visit www.WasteEnergyCorp.com.
Company Contact:
Scott Gallagher, CEO
Waste Energy Corp
(727) 417-7807
Scott@MetaWorksPlatforms.io
About Waste Energy Corp
Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source.
Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit www.WasteEnergyCorp.com. For additional investor or financial information visit: www.SEC.gov.
ABOUT FCEDC
The Fayetteville Cumberland County Economic Development Corporation is a public-private partnership designed to enhance job growth and prosperity in the region by attracting new industry while growing and retaining existing industry. The FCEDC works daily to help strengthen our economy and diversify our community tax base. Learn more at www.fcedc.com.
SOURCE: Waste Energy Corp.
View the original press release on ACCESS Newswire
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