EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

Oh kids we have a new larger competitor on the LRS doorstep for waste diversion.

A west coast company called Fulcrum BioEnergy is building a $6000m municipal solid waste (including food waste) to fuel facility in Gary. The plant is fully financed and is going to be located near the BP Gary refinery site.

Their investors are Waste management, Waste Connections, BP, Cathay Pacific, Marathon Pacific, United Airlines and others. They have long term supply agreements with Waste Management and Waste connections to take their MSW. The MSW is priced to share with Fulcrum the avoided landfill costs and tipping fees. Due to the size of the offtake the cost savings are enormous. They have a take or pay with the airlines for the jet fuel produced which guaranties Fulcrum a return whichg is shared by Fulcrum and its investors. The technology is proven.

Their program materials say they are capable of digesting 4% of US MSW. Waste Connections has their territory in the Southern suburbs near Indiana and of course Waste Management is all over Indiana and Illinois.

This is a food plus strategy. BP and Waste Management are deep into this as is United and their Star Alliance partners. Their next target market is the east coast with the same partner group.

Since some of you like links here a few.

1) http://fulcrum-bioenergy.com/technology/our-process/

2) https://www.inc.com/magazine/201811/bill-saporito/fulcrum-bioenergy-waste-to-energy.html

3)https://www.wastedive.com/news/fulcrum-bioenergy-waste-to-fuel-gary-indiana/544401/