CHAR Technologies Begins Phase 1 of Thorold Renewable Natural Gas & Biocarbon Project
TORONTO, July 14, 2022 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (CHAR or the Company) (TSX Venture Exchange: YES) is pleased to announce the start of Phase 1 of the Thorold Renewable Natural Gas & Biocarbon Project (Thorold Project) at the Thorold Multimodal Hub (the Hub) with the commencement of the project lease on July 1, 2022.
- TORONTO, July 14, 2022 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (CHAR or the Company) (TSX Venture Exchange: YES) is pleased to announce the start of Phase 1 of the Thorold Renewable Natural Gas & Biocarbon Project (Thorold Project) at the Thorold Multimodal Hub (the Hub) with the commencement of the project lease on July 1, 2022.
- Once fully operational, the project is anticipated to simultaneously produce renewable natural gas (RNG) and biocarbons, converted from clean woody feedstocks that would otherwise be destined for landfills.
- We are excited to advance the Thorold Project, and for the opportunity to join the growing ecosystem at the Thorold Multimodal Hub, said CHAR Technologies CEO, Andrew White.
- This exciting step in the Thorold Project is another example of CHAR Technologies advancing our key priorities which include delivering environmentally responsible projects and pursuing strategic alliances, continued Mr. White.