buylowsellhighcanada
1 week ago
FAIRFIELD, CA / ACCESSWIRE / November 21, 2024 / Waste Energy Corp. ("Waste Energy" or the "Company"), (OTCQB:WAST), a pioneering waste-to-energy company, today released an update regarding its groundbreaking plastic waste-to-fuel conversion business using advanced pyrolysis technology and AI. The company has identified four strategic locations in 2 states for its initial operations, signaling a bold step toward combating plastic pollution while addressing the world's growing demand for sustainable energy.
The locations Waste Energy has identified to launch its initial operations are in North Carolina and Florida, these sites were selected based on their proximity to abundant plastic waste sources, strong community support, and existing infrastructure for waste management and logistics. These facilities will be equipped with state-of-the-art pyrolysis reactors capable of processing various types of non-recyclable plastics and converting them into valuable fuels such as diesel, gasoline, and industrial-grade feedstock."Plastic waste is one of the most pressing environmental challenges of our time, and our technology stack based on Pyrolysis and AI offers a practical, scalable solution," said Waste Energy President Scott Gallagher. "By transforming discarded waste plastics into clean-burning fuels, we aim to reduce landfill waste, lower greenhouse gas emissions, and contribute to the circular economy while building a profitable,sustainable business."At the core of Waste Energy's innovative approach is pyrolysis technology, which thermally decomposes plastic waste in an oxygen-free environment to produce reusable hydrocarbons without releasing harmful toxins. This proven, scalable method effectively diverts plastic waste from landfills and waterways while generating high-value, energy-rich byproducts. These byproducts, including clean-burning fuels, can replace traditional fossil fuels across transportation, industrial, and power generation sectors, creating a compelling investment opportunity in the burgeoning circular economy.The company's initial facility is projected to process up to 20 tons of plastic waste daily upon launch in early 2025, with a targeted ramp-up to 200 tons per day by the end of the same year. This scale represents a significant leap in waste-to-energy capability, with each facility generating substantial fuel outputs and contributing to measurable reductions in plastic pollution. In addition to environmental benefits, the operations will create high-value employment opportunities and catalyze economic growth in surrounding communities.To ensure swift and efficient project deployment, Waste Energy's management team has already held productive meetings with local officials in two of its four shortlisted locations with additional meetings scheduled for next week. The final site selection is expected by the end of 2024, with the inaugural facility slated to commence operations in Q1 2025.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. 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.
buylowsellhighcanada
7 months ago
MetaWorksβ New Venture, Energy Works, Inc., to Revolutionize Plastic Waste Management with Cutting-Edge Diesel Fuel Conversion
Company Prepares for Groundbreaking Machine Launch in Q4 2024
Fairfield, CA., May 14, 2024 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. ("MetaWorks" or the "Company"), (OTCQB: MWRK), an award-winning future technology company that operates in the Greentech, Web3 and AI space, today announced its new pioneering waste-to-energy conversion wholly owned subsidiary Energy Works, Inc. (EWI). Leveraging cutting-edge technology, EWI will specialize in the transformation of plastic waste into high-quality diesel fuel, marking a significant stride in combating environmental pollution and advancing the circular economy.
The global plastic crisis has reached alarming proportions, with millions of tons of plastic waste accumulating in landfills and oceans each year. In response to this pressing issue, MetaWorks created Energy Works to commercialize a new revolutionary process that converts non-recyclable plastics into valuable diesel fuel, thereby reducing reliance on traditional fossil fuels and mitigating environmental harm.
"Along with Fogdog energy, weβre thrilled to introduce this innovative waste-to-energy solution to the market," said MetaWorks President Scott Gallagher. "At MetaWorks and now Energy Works, Inc., we are committed to driving positive change by addressing this urgent need for sustainable waste management practices, especially at Municipal Waste Sites (MSW) in the US. Our technology not only diverts plastic waste from landfills but also produces a clean and efficient alternative to traditional diesel fuel. We achieve this more efficiently and cost-effectively than any other known company, with a highly profitable model poised to genuinely uplift the communities we aim to serve."
Energy Works, Inc.'s technology utilizes advanced pyrolysis and catalytic conversion processes to break down plastic polymers into high-quality diesel fuel, with minimal emissions and energy consumption. Unlike conventional plastic recycling methods, which are often limited by material contamination and degradation, Energy Works approach can handle a wide range of plastic waste streams, including mixed plastics and packaging materials.
Company Contact:
Scott Gallagher, President
(727) 417-7807
scott@metaworksplatforms.io
About MetaWorks Platforms, Inc.
MetaWorks Platforms, Inc. ("MetaWorks" or the "Company"), (OTCQB: MWRK), is an SEC exchange act, fully reporting company. MetaWorks is an award-winning, future technology company that operates in the Web3, AI and GreenTech space. The Company develops and leverages future technologies like Blockchain, AI, Tokenization and Green Technologies to build platforms that improve and grow businesses and solve problems. MetaWorks Platforms trades on the OTCQB market, over the counter, under the ticker symbol: MWRK.
For more information on MetaWorks Platforms, please visit us at www.MetaWorks.ai. For additional investor or financial information visit www.SEC.gov.
Mrogers23
2 years ago
$MWRK First Ever NFT as a Movie, Zero Contact Starring Anthony Hopkins Goes Global at Cannes Film Festival Fairfield, CA., May 19, 2023 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (βMetaWorksβ or the βCompanyβ), (CSE: MWRK and OTCQB: MWRK), an award-winning Web3 company that owns and operates blockchain platforms in the entertainment & technology space, today announced that, on the heels of its agreement to sell the International rights of the film ZERO CONTACT, the worldβs first ever full length feature film to be launched as an NFT, the movie is now being offered for distribution in all 17 of the countries the film was produced in through its deal with Opus One Pictures at the Cannes Film Festival.
Read full release: https://finance.yahoo.com/news/first-ever-nft-movie-zero-110300820.html