VENCOR news out!..VGPR and VCOR
Vencor to Showcase Virginia Manufacturing Facility
BOULDER, CO--(Marketwired - May 7, 2015) - Vencor International, Inc. (OTC PINK: VCOR) will hold an Open House for its Bio-Coal client, Vega Biofuels, Inc.
Vega will hold an Open House for its shareholders and customers on May 30, 2015 at Vencor's manufacturing facility in Richlands, Virginia.
Vencor currently manufactures a torrefied product Vega calls "Bio-Coal." Vega markets Bio-Coal to power companies around the world as an alternative to traditional coal. Vencor is the exclusive manufacturer of Bio-Coal for Vega. Vencor has received the first Purchase Order from Vega to produce 3,000 tons of Bio-Coal.
The Open House will be managed by Vega Biofuels and will showcase how Bio-Coal is manufactured and will give attendees an opportunity to ask questions and see the manufacturing process in operation.
James Gaspard, CEO of Vencor International, stated, "Vega is an important component to the success of Vencor. We look forward to hosting their clients and shareholders for the Open House. We will post pictures from the event on our website."
About Vencor:
Vencor is in the business of manufacturing a torrefied wood product, also known as Bio-Coal, that can replace traditional coal in coal-fired power plants around the world. Bio-coal is a renewable energy product produced from timber waste using technology called torrefaction. The physical and energetic properties of the biomass are then much more comparable to conventional coal. The torrefaction process has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides in the Bio-coal. Bio-coal is considered carbon neutral to the environment. The key property that makes Bio-coal attractive for co-firing in existing coal-fired power stations is its superior grind ability compared to untreated or fresh biomass. Bio-Coal has a high energy density and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and Renewable Energy Credits (RECs) in the United States.
