March 22, 2016 - 11:22 AM EDT
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Cielo Waste Solutions Signs 2 Multi-Year Feedstock Agreements to Obtain Various Waste Products for Production of High Quality Renewable Diesel - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2016) - Over the past week, Cielo Waste Solutions (CSE: CMC) signed 2 multi-year feedstock agreements to obtain various waste products to produce a high quality renewable diesel.

These agreements follow the March 4th signing of a long-term lease for 2.09 acres, and a Right of First Refusal on an additional 8 acres, located in Edmonton, Alberta, which provides the company with an ideal location to build its first diesel refinery.

InvestmentPitch Media has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Cielo" in the search box.


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By incorporating the latest material recovery technologies, this refinery will be using waste, such as wood shavings, contaminated plastics, recycle materials and further municipal waste streams to produce renewable diesel for blending with petroleum diesel.

Don Allan, President & CEO, stated: "After years of hard work, we are now ready to move forward with completing the engineering and construction of a 1,000 liter per hour refinery. Our decision is a result of many factors, including the 3rd party validation of the technology and proforma as well as an intensive selection process for this site location."

Under the terms of the first feedstock agreement, Parkland Chips Products will supply enough sawdust and wood shavings to supply 50 to 100% of Cielo's feedstock requirements for its first commercial diesel refinery. The second feedstock agreement, with Dipper Oil Recycling, will provide used oil and plastics.

For more information please visit the company's website www.cielows.com, contact Don Allan, President & CEO at 403-348-2972 ext 222, or email [email protected].

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Source: Newsfile Corp. (March 22, 2016 - 11:22 AM EDT)

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