GOLDEN, CO -- (Marketwired) -- 06/02/14 -- Strategic Environmental & Energy Resources, Inc. (SEER) (PINKSHEETS: SENR), a leading provider of next-generation clean technologies, renewable fuel and waste management innovative solutions, announced today that its subsidiary, MV Technologies, has been awarded a contract to supply one of its H2SPlus™ systems for removal of hydrogen sulfide (H2S) at the Pixley Biogas anaerobic digestion facility in California.
In March, Pixley Biogas was awarded a $4.6 million grant by the California Energy Commission (CEC) for the digester that will be constructed adjacent to the existing Calgren Renewable Fuels Biorefinery. The biogas generated by the digester will be used to reduce natural gas consumption at the ethanol production facility, and consistent, cost-effective removal of H2S from the biogas stream is necessary for the success of the project.
Calgren Renewable Fuels (Calgren) supplies bio-fuels, distillers' grains and extracted oil to California customers. The Calgren biorefinery is one of the most energy efficient in the United States. By making its own biogas fuel from other companies' waste, the Pixley Biogas project will allow Calgren to further reduce its carbon footprint while also reducing greenhouse gas emissions that would otherwise have been emitted from traditional disposal of the waste feedstocks.
"We are pleased to be part of this impressive and trend-setting biogas project. While MV's initial portion of the project is not large, less than $200,000, this award and others in similar applications demonstrate that our extremely cost-effective H2SPlus™ solutions will continue to play an important role in the fast growing renewable fuels market," said John Jenkins, President of MV.
"This contract also demonstrates that our recent, nationwide marketing efforts to grow our technology divisions are starting to pay off," added J. John Combs III, CEO and Chairman of SEER. "We are all very proud of the performance of our MV Technology division and to be a part of California's growing renewable fuels program."
For more information about the Company visit: www.seer-corp.com
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has three wholly-owned operating subsidiaries: REGS, LLC; Tactical Cleaning Company, LLC; MV Technologies, LLC; and two majority-owned subsidiaries: Paragon Waste Solutions, LLC; and ReaCH4biogas ("Reach").
For more information about the Company visit: www.seer-corp.com
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," and other terms with similar meaning. Specifically, statements about demand for, and effectiveness of, the Company's products and services are forward looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in the press release regarding the impact and ability of the Company's products to handle the future needs of customers, the potential for growth in the renewable fuels and biogas market segments, and competitive advantages of the Company's products are forward-looking statements. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Contacts:
J. John Combs III
Chief Executive Officer
720-460-3522
Jay Pfeiffer
Pfeiffer High Investor Relations, Inc.
Email Contact
303-393-7044
Source: Strategic Environmental & Energy Resources, Inc.
Released June 2, 2014