Companies partner with a goal of reducing the cruise operator’s carbon footprint and capturing plastics through an automated and natural processing of food waste
Chestnut Ridge, NY – January 30, 2020 – BioHiTech Global, Inc. (NASDAQ: BHTG) (“BioHiTech” or the “Company”), a technology and services company that provides cost-effective and sustainable waste management solutions, announced today that the Company will provide its Revolution Series™ Digesters and data analytics platform to certain Carnival Corporation (“Carnival”) ships, in a purchase contract in which Carnival can potentially acquire several hundred units.
Under the terms of the contract, BioHiTech will provide each ship designated by Carnival with multiple Revolution Series Digesters as well as ongoing cloud-based data analytics and supplies. BioHiTech’s Revolution Series Digesters will help reduce the environmental impact of Carnival’s operations by safely disposing of food waste on-site, limiting the amount of greenhouse gases emitted from conventional processing systems. The Company’s data analytics platform will also provide real-time supply chain transparency to help in Carnival’s food waste reduction efforts.
“We are excited to partner with the team at Carnival to assist in their ongoing efforts to reduce greenhouse gasses and achieve important sustainability goals,” said Frank E. Celli, CEO of BioHiTech. “We are committed to helping businesses reduce their environmental impact through smarter technology and believe this partnership is part of a growing trend toward the adoption of our sustainable solutions by companies all over the world. We look forward to providing Carnival with the tools and support to move to the forefront of sustainability in the cruise industry.”
About Carnival Corporation & plc
Carnival Corporation & plc is the world’s largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries, with a portfolio of nine of the world’s leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Together, the corporation’s cruise lines operate 105 ships with 254,000 lower berths visiting over 700 ports around the world, with 16 new ships scheduled to be delivered through 2025. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.
With a long history of innovation and providing guests with extraordinary vacation experiences, Carnival Corporation has received thousands of industry awards – including recognition by the Consumer Technology Association™ as a CES® 2019 Innovation Awards Honoree for OceanMedallion™. A revolutionary wearable device that contains a proprietary blend of communication technologies, OceanMedallion enables the world’s first interactive guest experience platform transforming vacation travel on a large scale into a highly personalized level of customized service. The prestigious CES Innovation Awards honor outstanding design and engineering in consumer technology products.
Additional information can be found on
www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com,
www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and
About BioHiTech Global
BioHiTech Global, Inc. is changing the way we think about waste management. Our cost-effective technology solutions include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. Our unique solutions enable businesses and municipalities of all sizes to lower disposal costs while having a positive impact on the environment. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. For more information, please visit www.biohitech.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements, including statements about the estimated contract value, and the ability of the Company’s products to reduce greenhouse gases and achieve corporate sustainability goals, are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Richard Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
Source: BioHiTech Global, Inc.
Chestnut Ridge, NY – May 9, 2019 – BioHiTech Global, Inc. (NASDAQ: BHTG) (“BioHiTech” or the “Company”), a technology and services company that provides cost-effective and sustainable waste management solutions, today announced that it has received an initial multi-unit product order for its new BioHiTech Saplingâ food waste digester from a regional grocery chain operating 19 locations in three Northeastern states.
The Sapling Digester is a larger capacity addition to BioHiTech’s line of Revolution Series™ Digesters. The Revolution Series of Digesters provide a cost-effective, regulatory-compliant food waste disposal solution that aligns well with the sustainability vision of today’s businesses. BioHiTech’s Digester technology safely disposes food waste on-site, eliminating hauling costs and reducing pest-related issues typically associated with traditional disposal methods. Each Sapling Digester is capable of diverting up to 800 pounds per day or 146 tons from landfills each year. The six Sapling units to be installed at these grocery locations, are capable of diverting from landfills as much as 1,750,000 pounds of food waste each year. The elimination of waste transportation would result in a reduction of CO2 emissions by the equivalent of removing over 120 trucks from the road.
Additionally, BioHiTech’s Digester technology provides valuable real-time data analytics through the BioHiTech Cloudâ that will enable food waste diversion tracking and potentially find areas to reduce food waste generation. This data transparency allows organizations to educate staff and the community about the real impact of food waste diversion programs by embedding accurate, real-time data into company newsletters, onto their consumer-facing websites and digital signage platforms.
BioHiTech’s digester technology was recently featured by Forbes. A link to the article can be found at:
“We are excited about the launch of our new Sapling Digester for cost-effective and sustainable food waste disposal, as well as receiving our first order from the regional grocery chain,” said Frank E. Celli, Chief Executive Officer of BioHiTech Global. “Food waste disposal causes a unique set of problems including, pests, odors, and expensive transportation costs. Our technology solves these problems in a way that is environmentally responsible and cost-effective. We continue to build momentum as companies search for alternatives to an unsustainable status quo and look forward to rolling out our new larger capacity Sapling Digesters to the grocery and other higher volume markets.”
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is changing the way we think about managing waste. Our cost-effective technology solutions include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. Our unique solutions enable businesses and municipalities of all sizes to lower disposal costs while having a positive impact on the environment. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. For more information, please visit www.biohitech.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Rich Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
Source: BioHiTech Global, Inc.
Proceeds to be used to finalize construction and commence operations at the HEBioT facility located in Martinsburg, West Virginia
CHESTNUT RIDGE, NY – DECEMBER 4, 2018 – 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 BioHiTech’s Entsorga West Virginia, LLC (“EWV”) subsidiary has completed an $8 million tax-exempt bond financing to finalize construction and commence operations at the nation’s first HEBioTtm renewable resource recovery facility located in Martinsburg, West Virginia (the “Martinsburg Facility”).
Ziegler, a privately held investment bank, capital markets and proprietary investments firm, acted as sole placement agent for the $8,000,000 Series 2018-A tax-exempt bonds issued on behalf of EWV. BioHiTech recently entered into a definitive agreement to become the largest owner of EWV which the Company expects to close in the coming weeks. Other minority partners include: Apple Valley Waste Technologies, a portfolio company of Kinderhook Industries, LLC, and Entsorga USA, a company owned by the principals of the Italian engineering firm that developed the HEBioT technology. Another Kinderhook portfolio company, Apple Valley Waste, an affiliate of Apple Valley Waste Technologies, will be providing feedstock and certain business services for the operations.
The Martinsburg Facility is expected to begin commissioning in December 2018 utilizing a patented high efficiency mechanical and biological treatment process (“HEBioT Process”) for the disposal and recycling of mixed municipal solid waste into an EPA approved solid recovered fuel (“SRF”). Upon becoming fully operational, the facility will have a capacity to accept up to 120,000 tons per year of inbound municipal solid waste, converting as much as 45% of that waste into a SRF that is contracted to be sold to a multi-billion dollar cement company with operations nearby.
BioHiTech plans to build a series of facilities utilizing the patented HEBioT process in the US in the coming years. A second site is currently under development in Rensselaer, NY with other potential locations in early stage planning.
Commenting on the financing, Frank E. Celli, Chief Executive Officer of BioHiTech Global stated, “We are excited to have EWV complete the last stage of financing prior to completion of the Martinsburg Facility. The opening of this facility will represent a new sustainable direction for the waste management industry in the United States and we look forward to leading the way toward a more responsible approach to waste disposal along with our partners at Gold Medal and Entsorga.”
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.biohitech.com.
About Gold Medal Group
Gold Medal, headquartered in Sewell, New Jersey, is a waste and recycling services company operating in Pennsylvania, New Jersey, Maryland, Virginia, and West Virginia. Gold Medal offers a complete range of integrated services to thousands of customers in the region. The company serves residential, institutional, commercial and industrial locations. Gold Medal offers superior collection, recycling, disposal and dumpster rental services 24 hours a day and seven days a week. For more information, please visit: www.goldmedal.net.
About Kinderhook Industries
Kinderhook Industries, LLC is a private investment firm that manages over $2.0 billion of committed capital. We have made approximately 200 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders. For more information, please visit: www.kinderhook.com.
About Ziegler
Ziegler is a privately held investment bank, capital markets and proprietary investments firm. Specializing in the healthcare, senior living and education sectors, as well as general municipal and structured finance, enables Ziegler to generate a positive impact on the clients and communities it serves. Headquartered in Chicago with regional and branch offices throughout the United States, Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading and research. To learn more, visit www.ziegler.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Rich Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
The facility is expected to commence operations in December and add $7 million of annual high margin revenue by processing municipal solid waste into an EPA approved solid recovered fuel
CHESTNUT RIDGE, NY – NOVEMBER 29, 2018 – 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 it has entered into a definitive agreement (the “Agreement”) to acquire an additional 26.8% ownership stake in the nation’s first HEBioTtm renewable resource recovery facility located in Martinsburg, West Virginia (the “Martinsburg Facility”).
The acquisition will make BioHiTech the largest owner of the Martinsburg Facility and enable the Company to consolidate an estimated $7 million in annual high margin revenue generated by the operations in its financial statements beginning in 2019. The Company is acquiring the additional ownership stake in the Martinsburg Facility from Entsorga USA in exchange for the issuance of approximately $1,886,000 in BioHiTech preferred stock, convertible into BioHiTech common stock at a fixed price of $2.64 per share. Entsorga USA, a company owned by the principals of the Italian engineering firm that developed the HEBioT technology, will remain as a minority owner of the Martinsburg Facility.
The Martinsburg Facility is expected to begin the commissioning process in December 2018 and to ramp production throughout the first quarter of 2019. The facility utilizes a patented high efficiency mechanical and biological treatment process (“HEBioT Process”) for the disposal and recycling of mixed municipal solid waste (MSW) into an EPA approved solid recovered fuel (“SRF”). The HEBioT Process is expected to divert from landfills as much as 80% of the waste that enters the facility. The Martinsburg facility has secured ten year agreements for both the supply of MSW from a regional hauler and the off-take of the SRF production by a multi-billion dollar cement company with operations nearby.
The Martinsburg facility is the first of a series of facilities utilizing the patented HEBioT process that BioHiTech plans to build in the US in the coming years. The Company controls the exclusive development rights to the HEBioT technology in 12 Northeastern states and the District of Columbia. A second site is currently under development in Rensselaer, NY with other potential locations in early stage planning.
Commenting on the agreement, Frank E. Celli, Chief Executive Officer of BioHiTech Global stated, “Becoming the largest owner of the Martinsburg Facility is a transformative event for our Company and we are excited to begin the full US commercialization of this important environmentally friendly disposal technology. Not only will these operations add significant high margin revenue to BioHiTech’s financials in 2019, but it will also serve as a showplace for our future roll-out in the US. With plans to add additional facilities, including Rensselaer and potentially Philadelphia in the coming years, we now have a solid roadmap for progressive revenue and EBITDA growth from our HEBioT business. We are more confident than ever that this will enable us to change the waste management industry and build significant value for our stockholders.”
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.biohitech.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Rich Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
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.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Rich Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
www.biohitech.com
SOURCE BioHiTech Global, Inc.
Study demonstrates how BioHiTech’s aerobic digester technology can significantly reduce the global warming impact of food waste disposal
CHESTNUT RIDGE, N.Y., Oct. 2, 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 the results of an independent Life Cycle Assessment (LCA) of its aerobic digester solution for food waste conducted by the Department of Civil and Environmental Engineering at the University of Delaware.
The LCA was conducted in accordance with the ISO 14040 standards to enable a gate-to-grave comparative assessment of four possible food waste management systems, including:
The results of the LCA clearly demonstrate that BioHiTech’s aerobic digester technology is an environmentally friendly alternative to the other means studied in the assessment. Specifically, “the disposal of food waste using BioHiTech’s aerobic digestion system followed by the release of the effluent to the sewer is an environmentally favorable pathway.”
BioHiTech’s aerobic digestion solution utilizing sewer line transportation produced the most favorable global warming potential (GWP) impact as measured in CO2 equivalents per 1,000 kilograms of food waste. By comparison, trucking aerobically processed waste to an anaerobic digester increased CO2 equivalents by 67% while trucking food waste to a compost facility resulted in double the amount of CO2 equivalents. As expected, trucking unprocessed food waste directly to landfills was the least environmentally friendly alternative, yielding 900% more CO2 equivalents than BioHiTech’s solution.
“This analysis conducted by the University of Delaware provides independent validation that our food waste digester technology is an environmentally responsible solution to the organics management issues facing the United States,” says Emily Dyson, Director of Research and Development of BioHiTech. “Through our focus on taking a practical approach to organics disposal, we have developed a solution that can be seamlessly integrated into the traditional waste management process to cost-effectively dispose of food waste in an environmentally friendly manner.”
Frank E. Celli, Chief Executive Officer, added: “BioHiTech has always championed waste management technology that is both economically viable and environmentally sound. This LCA reinforces our long-held beliefs that aerobic digestion technology compares favorably from an environmental standpoint to other disposal methods. We believe that when you also factor in the ease of implementation, cost of processing, and the valuable supply chain management data we provide, our digesters are the most practical organics solution available on the market today.”
The full Life Cycle Assessment can be read here: https://biohitech.com/static/latest/pdf/reports/BioHiTech_Digester_LCA_UDel_2018-08-01.pdf
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 technology platform, including the on and off-site biological treatment of waste, is designed to reduce overall waste generation and virtually eliminate landfill usage while providing the opportunity to create a valuable renewable fuel. For more information, please visit www.biohitech.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as “Risk Factors” in our filings with the Securities and Exchange Commission (“SEC”). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Rich Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
www.biohitech.com
SOURCE BioHiTech Global, Inc.
Latest Articles of Importance in Today’s Waste to Fuel markets:
The article discusses HEBioT technology and BioHiTech’s exclusive rights to use the technology in 11 states in the Northeast
‘A company billing its technology as a landfill alternative is scaling up to create a solid recovered fuel from otherwise disposal-bound material.
BioHiTech Global is completing construction on a waste-to-fuel facility in Martinsburg, W.Va. and is in the permitting stages for a facility using the same technology in Rensselaer, N.Y.
BioHiTech Global’s facilities are using patented HEBioT technology, which BioHiTech owns the exclusive right to use in 11 states in the Northeast. The technology was developed by an Italian company.’ Read the full article here
“The University of Delaware recently completed a Life Cycle Assessment of BioHiTech‘s aerobic digesters for food waste management. The study demonstrated how BioHiTech’s technology can significantly reduce the global warming impact of food waste disposal. WWD Associate Editor Sara Myers spoke with Emily Dyson, director of Science, Research and Development at BioHiTech, to talk about the study, aerobic digestion process as a whole, the trend of biogas capture and more.” Read the full article here
West Virginia – Entsorga West Virginia expected to convert waste into fuel
At BioHiTech Global, we are working to change the future of the waste management services industry.
By combining traditional services with our disruptive technology solutions, we are creating the first vertically integrated waste management services company that reduces waste generation and virtually eliminates landfill usage while creating a valuable renewable fuel.
Our proprietary technologies and services make customers smarter about waste disposal. They can be utilized individually or combined to provide greater flexibility in managing waste disposal needs and improving bottom line results.
Combining technology solutions with traditional services to create a zero-landfill environment
At BioHiTech Global, we are working to change the future of the waste management services industry by creating a technology-driven services company to cost-effectively reduce the environmental impact of waste disposal. Our suite of products and services can be used individually or combined to help reduce waste generation, virtually eliminate landfill usage, and create a valuable renewable fuel.
Our technology products and services include food waste digesters, data analytics tools, traditional disposal services and sophisticated facilities for processing municipal solid waste. Our customers include The Federal Government, Fortune 100 companies, regional grocery chains as well as numerous food service and hospitality companies.
for Food Waste Measurement and Disposal
Offering a cloud-based technology solution using powerful analytics to affect sustainable and profitable changes in the reduction of food waste generation.
Providing a proven, cost-effective, clean alternative to landfills for the disposal of solid waste throughout the United States. The High Efficiency Biological Treatment (HEBioT™) process, developed and patented by our European partners EntsorgaFin SpA, utilizes a combination of automated sorting equipment, enhanced biological composting, and mechanical refinement to convert waste into an EPA recognized, clean alternative fuel while achieving as much as 80% landfill diversion.
The HEBioT technology is ideal for municipalities, regional waste haulers, large generators of food waste and corporations with Zero Waste initiatives. BioHiTech is an equity partner in Entsorga West Virginia, which will serve as the first resource recovery facility in the U.S., to utilize the HEBioT technology, which will begin commissioning in early 2018.
BioHiTech IoT™ leverages proven technology already installed in hundreds of our digesters around world. With our cloud-based data platform we translate industrial machine language into human language to provide valuable data and information to improve performance of your businesses.
Frank E. Celli
Chief Executive Officer
Mr. Celli is a lifelong waste industry veteran. Most recently he was co-founder and CEO of Interstate Waste Services from October 2000 until November 2006, during which time the company achieved growth of over $150 million in revenue. During his time at Interstate Waste he was responsible for all aspects of the business including collection, recycling, landfills and emerging technologies.
After selling his interests in Interstate Waste he transitioned to BioHiTech. With over 25 years of Waste Industry experience, Mr. Celli has leveraged his knowledge of the traditional waste industry to facilitate the development of the Eco-Safe Digester and BioHiTech Cloud to begin the transformation of the organic waste industry.
He also serves as a director and officer of Entsorga West Virginia, the first resource recovery facility currently being constructed in the United States that will utilize Entsorga’s proprietary HEBioT mechanical biological treatment (“MBT”) system. Mr. Celli graduated from Pace University’s Lubin School of Business.
Robert A. Joyce
President
Bob has spent the last 30 years in the technology and engineering workplace. His diverse background includes design and development of one of the original 3D CAD systems, implementation support of some of the worlds largest cable networks, development of patent pending mobile location technologies and leadership of Inc 500 listed private companies. Previous employment includes industry leaders Arthur D. Little, Inc., Sun Microsystems, Perfect Order and Versatile Systems.
In Bob’s role as President, his responsibilities include day to day operations, management of our expanding channel partner network, Research and Development direction, engineering and manufacturing execution.
Bob is a trustee of Harrisburg University and sits on the boards of The Technology Council of Central Pennsylvania, WorkXpress and Telkore. He resides in central PA with his wife and two sons.
Brian C. Essman
Chief Financial Officer
Mr. Essman has over 30 years of experience as a senior financial executive with a wide range of industry experiences that have included strategic, operational and financial leadership roles.
Most recently, he was the CEO of Data Communiqué, Inc. a Havas Company from 1997-2014, where he was responsible for overall leadership, including strategy and tactics of the Software-as-a-Service company. From 1997 to 2007 he was COO – CFO and contributed to the growth of the company’s technology/data, printing and letter shop services and developed pricing and cost structures that created efficiencies within the company that increased gross margin rates and technology sales threefold.
Mr. Essman was previously the Chief Financial Officer at a Fidelity portfolio company and a Senior Manager and CPA at PricewaterhouseCoopers.
Brian graduated with a BS in Accounting with High Honors from Boston College’s School of Management.
Bill Kratzer
Chief Technology Officer
Bill is a 20-year veteran of the IT field with extensive experience in large scale web-infrastructure, machine-to-machine computing, and mobile touch devices. In prior roles, Bill has designed, built, and supported software used by some of the world’s largest and most-demanding customers, including Comcast, GE Capital, HSBC, and MBNA Canada to name a few.
At BioHiTech, Bill serves as the Chief Technology Officer, leading the vision and execution of BioHiTech’s machine-to-machine and Big Data technology strategy.
Bill holds a Bachelors degree in Computer Science and Engineering from the Pennsylvania State University. He currently resides in Harrisburg, Pennsylvania with his wife and two children.
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