Sunday, August 24, 2014 2:43:30 PM
particularly in markets where emissions
policies encourage the use of co-firing or dedicated
biomass. This includes markets outside Europe. In
Korea, for example, a policy mandate from the
Government has increased demand for pellets from the
U.S., dramatically increasing exports over the past two
years. Similar policy incentives from other Asian
markets may have similar impacts – particularly for
pellet manufactures in the American Northwest, which
would be well positioned geographically to supply
product to growing Asian markets.
Trade in wood pellets for bioenergy has become so robust that in 2012 the World Customs Organization adopted a six-digit Harmonized Schedule code (440131) for wood pellets, making it easier to track global trade.
http://export.gov/build/groups/public/@eg_main/@reee/documents/webcontent/eg_main_070720.pdf
“KGET ACQUIRES PROFITABLE PELLET PRODUCTION AND ELECTRICITY GENERATION PLANT
“KGET” signed a definitive Stock Purchase Agreement acquiring an expansive Clean Energy Company that has a production capacity of 15,000 MT (Metric Tons) of Pellets per year and generates approximately 2.4 MW (Mega Watts) of electricity
“KGET” acquisition is a company generating over $1,500,000 in gross revenue and an EBITDA of more than $600,000
“KGET” acquisition plant/facility burns waste landfill gases to create electricity, which in turn is sold into the grid and purchased by major utilities
“KGET” acquisition facility also uses the heat generated by the burning of the landfill gas to create wood pellets. Wood pellets are used as an alternative to coal as a fuel, which is burned to create electricity
“KGET” acquisition 20,000 sq. ft. facility sits on 5 acres of land. The current facility can be doubled in size. Enough Pellet lines can be added in to bring monthly pellet production to more than 5,000 metric tons per month. An additional facility can be cost effectively added to the land allowing for future pellet production to easy exceed more than 10,000 metric tons a month.
“KGET” acquisition land can allow “KGET” to double the facility from over 20,000 sq. ft. to over 40,000 sq. ft. which means “KGET” can double the electricity generated from 2.4 MW to almost 5MW and the pellets produced from 15,000 MT to over 30,000 MT.
http://finance.yahoo.com/news/kleangas-energy-technologies-inc-acquires-121500952.html
"KGET" aerial view and exterior shot of the new facility.
https://www.facebook.com/kleangas/photos_stream?ref=page_internal
http://www.kleangas.com/
GLTA the KGET shareholders
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