Cielo Waste Solutions (CSE:CMC) has announced that it has awarded the construction contracts for the retrofitting and completion of its planned purchase of a property housing a renewable diesel refinery, previously reported on November 16, 2016, situated near High River, Alberta. Built in 2009 for approximately $10 million, the Refinery processed feed for livestock and could produce … Continued
Cielo Waste Solutions (CSE:CMC) has announced that it has awarded the construction contracts for the retrofitting and completion of its planned purchase of a property housing a renewable diesel refinery, previously reported on November 16, 2016, situated near High River, Alberta. Built in 2009 for approximately $10 million, the Refinery processed feed for livestock and could produce 16 million liters per year of bio-diesel.
As quoted in the press release:
It is Cielo’s intent to retrofit the Refinery with its own proprietary technology (the “Technology”) to create a new refinery (the “Cielo Refinery”), resulting in the production of high quality renewable diesel from municipal solid waste and wood shavings. Construction is expected to begin early in 2017. The companies who have been awarded the construction contracts (the “Construction Companies”) have agreed to assist Cielo in financing the construction of the Cielo Refinery by deferring profits until the Cielo Refinery is operational and earning revenues. This joint support was key to building a strong and prosperous relationship as Cielo moves towards commercialization in High River and in future locations, such as the secured site in Edmonton.
Cielo has awarded the fabrication work to Advanced Metal & Lyncorp Manufacturing Ltd, who are located approximately 5km north of the Refinery. This new manufacturing company has 73,000 sq. ft. of state of the art equipment and is capable of fabricating all of Cielo’s equipment needs. Cielo has awarded the electrical and instrumentation work to Electech Contracting Ltd., which is a full service electrical and instrumentation technology integrator located in Calgary, Alberta. Cielo has awarded the millwright work to Kwik-Fab Energy Services from Sundre, Alberta. Kwik-Fab has been working closely with Cielo on maintenance work with its demonstration plant in Red Deer, Alberta and has gained Cielo’s full confidence in their professionalism and capabilities.
Don Allan, President and CEO of Cielo, stated “After many years of research and development, Cielo is now ready to implement Canada’s first waste to renewable diesel technology in a commercial environment. We have spent months short listing possible contractors and believe we have awarded the contracts to experienced and professional tradesmen. We have now begun working on permitting as well as bringing these contractors together with our engineering team to begin laying out time lines and the phases of work to be accomplished. Cielo will oversee all phases of the build and will continue to update the public on its progress.”