BioHiTech’s Digester Technology Hits the High Seas with Maritime Customers in the Persian Gulf and Gulf of Mexico
CHESTNUT RIDGE, N.Y., Nov. 12, 2018 /PRNewswire/ — BioHiTech Global, Inc. (“BioHiTech” or the “Company”) (NASDAQ: BHTG), a technology and services company that provides cost-effective and sustainable waste management solutions, today announced that the Company has expanded sales efforts for its digester solutions to include the Maritime Industry.
The Maritime market segment includes large transport vessels, oil platforms, compressed natural gas carrier ships, and offshore drilling operations. With more than 50,000 merchant ships, 500 offshore rigs and 400 carrier ships currently in operation, this represents a very large opportunity market for BioHiTech. Additionally, these locations face unique challenges with regard to food waste disposal, including limited space for waste storage and waste processing equipment as well as water and power usage constraints making BioHiTech’s digesters the perfect sustainable disposal solution.
BioHiTech’s compact Revolution digesters are designed to handle this challenging environment, utilizing an aerobic digestion process that naturally breaks down food waste. Their durable design and smart technology ensure that machines stay working at sea, while minimizing the use of power and water. BioHiTech has seen early success to-date in this space, deploying its digesters in offshore drilling platforms and vessels in both the Persian Gulf and the Gulf of Mexico.
David Fenton, VP of Corporate Sales says, “The Maritime Industry represents a very large market opportunity for our technology. These vessels and platforms have rigorous demands in terms of convenience, sustainability, and reliability that make our digesters a great fit. Our Revolution Series Digesters are particularly attractive to these customers, especially on those vessels where space is at an absolute premium. We look forward to expanding our presence in the market as we continue to build our recurring revenue stream from this business as we head into 2019.”
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is changing the way we think about managing waste. Our innovative waste management services combined with our disruptive technologies provide sustainable waste disposal and supply chain management solutions for businesses and municipalities of all sizes. Our cost-effective technology platforms can virtually eliminate landfill usage through real-time data analytics to reduce waste generation, biological disposal of food waste at the point of generation, and the processing of municipal solid waste into a valuable renewable fuel. For more information, please visit www.bioihitech.com.
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SOURCE BioHiTech Global, Inc.