BioHiTech Global Inc., a waste technology and services company based in Chestnut Ridge, New York, has announced that the company's subsidiary, Rensselaer Resource Recovery LLC, has received local permit approval from the city of Rensselaer, New York, to build a 72,000-square-foot HEBioT municipal waste processing facility on 23 acres of land in the city's southern industrial area.
The planned facility is expected to generate approximately $12 million in annual revenue through a patented waste processing system designed to convert approximately 40 percent of mixed municipal waste into an U.S. Environmental Protection Agency (EPA)-approved solid recovered fuel (SRF) and reduce the total residual waste sent to landfills by 80 percent. BioHiTech controls the exclusive U.S. development rights for the patented HEBioT solid waste processing technology developed by Tortona, Italy-based Entsorgafin S.P.A. in 11 northeastern states and the Washington.
The Rensselaer City Planning Commission voted 5-0 to approve the project, which included an environmental review and issuing a special use permit in the industrial zoned area. BioHiTech is now seeking final permit approval from the state of New York to begin construction on the project.
"We are excited to have taken this important step forward in our Rensselaer HEBioT facility project. Having these local permits in place signifies that, together with the city of Rensselaer, we can embrace the future of sustainable waste disposal through technology that can reduce landfill usage and generate an EPA-approved renewable fuel,” Frank E. Celli, CEO of BioHiTech, says. “We look forward to working with the state of New York to finalize the permitting process and bring this project to its fruition. With the first U.S. HEBioT plant in West Virginia nearing completion, our Rensselaer project achieving this significant milestone and our planning stage project in Philadelphia, we are well on our way to building a strong pipeline of HEBioT facility projects that will add significant high margin revenue to BioHiTech in the years to come. We look forward to rolling out this important technology in conjunction with our other cost-effective sustainable waste management in order to build lasting value for our stockholders."
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