Waste to Energy company

David Bayer Thu, 2010-02-18 13:12

David Bayer · Thu, 02/18/2010 - 13:12

Business

Business Overview: 

Founded in 1993 in Australia, the company quickly became the number one in waste management technology company in the country. It has been used commercially to process all types of hazardous waste, all types of oil refinery waste, as well as all types of ex-gas works waste.

The Company was founded to bring a patented and commercially proven Australian waste to energy technology to the US and Canada, and eventually to the rest of the world. This technology has widespread application in the blossoming (1) Renewable Energy Industries, (2) Bio & Hazardous Waste Management and (3) Waste to Energy initiatives.

Project Location: 
Washington, DC, 20005
United States
Services Desired: 
Accounting
Who is the Customer?: 

Municipal government agencies, hospitals, and etc.

What is the Customer Pain that you are solving?: 

The Company’s technology can and does:

· Process all Municipal Solid Waste, Hospital Waste (including low level nuclear waste from hospitals), oil sands, tar sands, and old tires more cost effectively than an competitor

· Substantially reduces green house gas emissions associated with current waste to energy technologies

· Generate energy in the form of thermal output and electricity

Product/Services Overview (what does it do): 

The technology has been certified as a closed loop, energy self-sufficient technology to commercially process scrap car tires and tar sands in independently validated trials undertaken by an independent sustainable energy engineering firm using the technology testing plant in Canada.

Scrap car tires were also processed by the 2 ton/hour commercial plant in Australia as part of a Government funded program in 2002 and 2004 validating the technology as a tire to energy technology.

The Australian company was successfully listed on the Australian Stock Exchange in 2000 and had revenues in excess of $90M with EBITDA in excess of $25M for the year ending 2009 making it Australia’s largest and most successful publicly traded hazardous waste and waste service company.

Technology

What makes the technology/business unique and have a defendable competitive advantage?: 

The Company’s technology has the ability to economically process hazardous waste while reducing greenhouses gas emissions threw their closed loop system by more than 90%, as compared to other conventional thermal processes, which will substantially raise the bar for an industry that is under constant pressure to do so.

Describe in detail the technology used in the Project - Address the innovation in significant detail : 

The Company’s technology can and does:

· Process all Municipal Solid Waste, Hospital Waste (including low level nuclear waste from hospitals), oil sands, tar sands, and old tires more cost effectively than an competitor

· Substantially reduces green house gas emissions associated with current waste to energy technologies

· Generate energy in the form of thermal output and electricity

· Generate other valuable byproducts for resale: Metals, such as scrap steel of the highest quality, (NPK– (Nitrogen, Potassium, Phosphorous), fertilizer, diesel fuel, #6 Bunker Oil, and natural gas for resale

Team

Financials

Amount Sought: 
$3,500,000
If raising funds, what shall the funds be used for?: 

Currently The Company is seeking an investor to obtain equity in exchange for operating capital to cover business operations while the new plants become operational.

Funding Stage: 
Mezzanine

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