Strategic Environmental & Energy Resources, Inc. Receives Multiple Purchase Orders for the Design and Installation of its Proprietary H2S Removal Systems
April 21, 2021 at 10:38 am
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Strategic Environmental & Energy Resources, Inc. received multiple purchase orders for the design and installation of its proprietary H2S removal systems as part of three large renewable natural gas projects in the US and Canada. The first contract is for a large dairy, methane-to-RNG project in Iowa. The value of this initial PO is approximately $500,000. The biogas flow from three dairies will be combined at a single point prior to the removal of H2S utilizing MV’s H2SPlus™ System, which will use SEER’s proprietary bioactive media (BAM™) produced by SEER’s, SEER Environmental Media (SEM) division, in Texas. MV also recently received a purchase order for its technology design and supply of equipment from a Canadian inter-governmental agency which operates an anaerobic digester (“AD”) as an organic waste management and recovery solution in Canada. The biogas created from this project is used as boiler fuel to maintain heat in the AD. Excess biogas will be sold to an adjacent ethanol plant. This is the second system that MV has supplied to this Canadian inter-governmental agency. Both installations utilize MV’s SulfAx Systems, which incorporates Axens’ AxTrap iron oxide granular media to remove the H2S from the biogas. The total system design and equipment supply costs for this PO is approximately $700,000 and, depending on many variables and factors in operating parameters, the media replacement revenue for MV is expected to be approximately $250,000 annually. Finally, a third purchase order has been recently received for MV to supply an H2SPlus System at a dairy in the Midwestern US. The value of the PO is approximately $450,000. It is estimated the system will use about $150,000 of MV’s BAM on an annual basis. The recent purchase orders and installations bring MV’s total installed nationwide base of operating systems to over 100 and confirm the efficacy and efficiency of the Company’s proven technology.
Strategic Environmental & Energy Resources, Inc. is a provider of clean technologies, waste management and related services. The Company provides technology solutions and services to companies in the oil and gas, refining, landfill, food, beverage & agriculture, and renewable fuel industries. Its subsidiaries include MV, LLC (MV), Paragon Waste Solutions, LLC (PWS) and PelleChar, LLC (PelleChar). MV designs and sells patented and/or proprietary, dry scrubber solutions for management of Hydrogen Sulfide (H2S) in biogas, landfill gas, and petroleum processing operations. These system solutions are marketed under the product names H2SPlus and OdorFilter. MV also develops and designs technologies and systems used to condition biogas for use as renewable natural gas (RNG). PWS has developed a patented waste destruction technology using a pyrolytic heating process combined with non-thermal plasma assisted oxidation. PelleChar offers a soil amendment pellet containing the Biochar Now product.
Strategic Environmental & Energy Resources, Inc. Receives Multiple Purchase Orders for the Design and Installation of its Proprietary H2S Removal Systems