Methes Energies, providers
of a range of products and services to the biodiesel sector, including
low-cost, yet top-grade B100 biodiesel and their compact, yet fully-automated
continuous flow biodiesel processors (Denami 600 and 3000 models) that are able
to run on a wide variety of feedstocks, recently announced reception of a
deposit from island-based biodiesel project developer, Antilla Energy VBA
(formerly BioFuel Aruba), for the start of manufacture on a new Denami 600 unit
destined for one of Antilla’s facilities in Aruba.
Slated for delivery and
commissioning by Q4 (September) this year, the new Denami 600 unit will be used
to processes locally collected waste cooking oil, which will then be blended
with diesel before island-wide distribution. Managing Director of Antilla
Energy, life-long biodiesel activist, Gregory Fung-A-Fat, explained that while
the extensive due diligence process took awhile, Antilla is now ready for their
first Denami from MEIL and they have set themselves up well for future purchases
of several additional units.
Destined to form the start
of a 6M gallons per year production architecture for Antilla at their Aruba
location, this first Denami 600 unit will be followed along by four more units
in the near future according to Antilla’s plan, pending prevailing market
conditions. However, Fung-A-Fat assured markets that Antilla was already poised
to execute on growth of their production footprint via new Denami hardware
acquisitions in an easy and cost effective manner, making this deal a real
lightening rod for MEIL market activity.
President of MEIL, Nicholas
Ng, underscored how well this project fits with the company’s overall business
model and tipped his hat to investors that MEIL anticipates this to be the
first of many more manufacturing orders that will be placed within the year for
the company’s multi feedstock, scalable, real-time online monitorable biodiesel
processors. Turns out MEIL has been and is currently working with several other
clients which are in a similar position as Antilla, ramped up to a point where
they just need to order their first Denami. Today’s order ultimately represents
a key step forward for Aruba’s energy independence and overall sustainability,
dovetailing into the Green Aruba 2020 targets and helping to make this small
island economy a growing, highly successful model for the application of
renewable energy.
The company is not content
to merely sell their revolutionary biodiesel producers of course and has put
together quite the little production operation themselves using their own
Denami hardware at the company’s Sombra, Ontario facility (EPA registered, RSF2
Registered), which has some 13M gallons of high quality B100 available per year
and a fleet of 26 jumbo rail cars dedicated for delivery to back it up. MEIL
has a few other EPA registered production facilities in addition to the main
Sombra site, like their R&D showcase facility located in Mississauga (each
capable of roughly an additional 1.3M gallons/year). Methes also provides the
kind of experienced consultants and strategic partners needed by biodiesel
project developers to tackle the complex engineering requirements such projects
call for, in addition to the all the back-end inventory management, sales,
invoicing and BQ9000 producer/marketer program compliance software which
developers require.
More on Methes Energies
International Ltd. is available at www.Methes.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
