UMO

Smithfield Foods Establishes $250,000 Endowed Scholarship Program at University of Mount Olive

Retrieved on: 
Thursday, March 21, 2024

SMITHFIELD, Va., March 21, 2024 /PRNewswire/ -- Smithfield Foods has created an endowed scholarship program to benefit leaders of tomorrow from the University of Mount Olive in North Carolina.

Key Points: 
  • SMITHFIELD, Va., March 21, 2024 /PRNewswire/ -- Smithfield Foods has created an endowed scholarship program to benefit leaders of tomorrow from the University of Mount Olive in North Carolina.
  • As part of the Smithfield Foods Future Leaders Endowed Scholarship Program, the Mount Olive scholarship builds on the company's commitment to improve access to education and provide educational opportunities for the dependents of Smithfield's contract growers.
  • The University of Mount Olive will award the Smithfield endowed scholarship to one rising junior and one rising senior each year.
  • The Mount Olive endowed scholarship program complements the Smithfield scholarship program , which provides scholarships to eligible dependents of the company's employees.

EnerPure Recycling Plant Economics Improve (IRR 49%) with Increase in Conversion Efficiency to 92%

Retrieved on: 
Monday, March 4, 2024

Winnipeg, MB, March 04, 2024 (GLOBE NEWSWIRE) -- EnerPure Inc. (“EnerPure” or the “Company”), a Manitoba cleantech company, is pleased to announce a revision to our project economics for our Alberta Recycling Plant incorporating EnerPure’s proprietary technology as a result of the ongoing detailed engineering work being completed by our consultants and our project development team.

Key Points: 
  • The completion of our recent C$7.4 million raise in November 2023 has enabled us to advance our engineering work for our Alberta project and future projects incorporating EnerPure’s plant design.
  • We expect the engineering work may also result in optimization of our production mix including our 8-14%1 lower carbon intensive marine fuel, which has the potential to further improve our project economics.
  • This improved efficiency should also lead to further reductions in greenhouse gas emissions throughout the full life cycle of the UMO recycling and fuel use.
  • Todd Habicht, CEO and Founder commented: “I am delighted by the progress being made by our development team working in conjunction with our engineering consultants.

Blue Tide Environmental Completes Initial Phase of State-of-the-Art Base Oils Re-Refining Facility

Retrieved on: 
Wednesday, February 14, 2024

DALLAS, Feb. 14, 2024 /PRNewswire/ -- Blue Tide Environmental ("Blue Tide"), an environmental company focused on developing a network of used motor oil ("UMO") re-refining facilities across North America and portfolio company of Tailwater Capital LLC ("Tailwater"), today announced the completion of the first phase of its base oils re-refinery located in Baytown, Texas ("Baytown Facility").

Key Points: 
  • DALLAS, Feb. 14, 2024 /PRNewswire/ -- Blue Tide Environmental ("Blue Tide"), an environmental company focused on developing a network of used motor oil ("UMO") re-refining facilities across North America and portfolio company of Tailwater Capital LLC ("Tailwater"), today announced the completion of the first phase of its base oils re-refinery located in Baytown, Texas ("Baytown Facility").
  • "We are thrilled to see this cutting-edge facility officially come online, as it marks a pivotal milestone for Blue Tide," said Mark Bouldin, Chief Executive Officer of Blue Tide.
  • The second phase of the project is now underway, which includes constructing a hydrotreater at the Baytown Facility to upgrade the VGO into superior-quality Group II+ base oils.
  • "Today, we celebrate the start-up of the initial phase of Blue Tide's re-refining facility and are excited to complete the next phase of the project to produce high-performance re-refined base oils made with a lower carbon footprint," said David Cecere, Partner at Tailwater.

ReGen III Provides Intellectual Property and Funding Update

Retrieved on: 
Wednesday, December 20, 2023

The Company is also informed that ReGen III's 2021 patent application to Intellectual Property India ("IPI") for the method and system for re-refining and upgrading used oil was recently granted.

Key Points: 
  • The Company is also informed that ReGen III's 2021 patent application to Intellectual Property India ("IPI") for the method and system for re-refining and upgrading used oil was recently granted.
  • Copies of the Letters Patent and a copy of the complete specification from the IPI have been received by ReGen III.
  • ReGen III continues to meet and engage with representatives of the U.S. Department of Energy's Loan Programs Office ("LPO") to incorporate feedback regarding the Company's draft application.
  • The Company recently submitted additional revisions and materials as part of the pre-application process, in advance of finalizing its formal application.

ReGen III Provides General Update and Announces Convertible Debenture Offering

Retrieved on: 
Monday, October 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to provide the following corporate update.

Key Points: 
  • Throughout September and October, ReGen III entered into additional non-disclosure agreements.
  • Physical samples of ReGen III's Group III base oils were sent to these entities for their in-house laboratory testing.
  • ReGen III looks forward to receiving continued positive Group III synthetic base oil test results from the most recent sample recipients.
  • Each Unit will consist of a $1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants of the Company (a "Warrant").

EnerPure Inc. Advances Alberta Project by Securing Project Site

Retrieved on: 
Tuesday, September 5, 2023

Winnipeg, MB, Sept. 05, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The signing of this LOI for the Alberta project site lease represents an important milestone in EnerPure’s development of a UMO recycling project in Alberta.
  • The project site is in an ideal centralized location and comes with existing infrastructure including petroleum storage tanks, on-site rail spur, and required utilities.
  • EnerPure intends to commence construction on the site in 2024, pending receiving all necessary government and regulatory approvals, and to commission the regeneration unit in 2025.
  • Todd Habicht, Founder and CEO of EnerPure commented: “EnerPure is excited to be advancing our used oil regeneration unit project in Alberta.

ReGen III Provides Corporate Progress Report

Retrieved on: 
Wednesday, August 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - August 30, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to provide the following corporate update.

Key Points: 
  • Physical samples of ReGen III's Group III base oils have been sent to a number of these entities for their in-house laboratory testing.
  • "In recent months, we have made significant progress," said Greg Clarkes, Chairman & CEO of ReGen III.
  • ReGen III is currently working through these comments with RJF's Public Finance/Debt Investment Banking team in advance of submitting the Company's formal application.
  • In addition to the LPO, ReGen III is exploring other incentives available to clean technology projects.

ReGen III Adds Raymond James & Associates, Inc. As Co-Advisor

Retrieved on: 
Tuesday, July 18, 2023

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce that further to the Company's press releases dated February 24 , March 13 and June 29 , 2023, it has entered into a co-advisory agreement with Raymond James & Associates, Inc. ("Raymond James"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), and National Bank Financial Inc. ("NBF").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce that further to the Company's press releases dated February 24 , March 13 and June 29 , 2023, it has entered into a co-advisory agreement with Raymond James & Associates, Inc. ("Raymond James"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), and National Bank Financial Inc. ("NBF").
  • "We are thrilled to add Raymond James as a co-advisor alongside NBF for our project-level acquisitions," said Greg Clarkes, Chairman & CEO of ReGen III.
  • Raymond James' expanded engagement aligns well with ReGen III's growth strategy to establish multiple Group III re-refineries in North America and globally.
  • Once operational, it is expected to generate industry-leading economics as the world's largest producer of Group III base oil from re-refined UMO.

ReGen III Appoints Brad White to Its Board of Directors

Retrieved on: 
Tuesday, May 2, 2023

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce the appointment of Brad White to its Board of Directors.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce the appointment of Brad White to its Board of Directors.
  • Prior to joining ReGen III, Mr. White served as a Co-founder of EdgeHill Partners, a large alternative asset manager launched in 2010.
  • "Brad brings exceptional knowledge and experience in capital markets to our Board of Directors," said Greg Clarkes, Chairman & CEO of ReGen III.
  • "I am excited to join the Board of Directors of ReGen III," said Mr. White.

ReGen III Provides Corporate Update

Retrieved on: 
Friday, February 24, 2023

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to provide a general corporate update and announce the engagement of National Bank Financial Inc.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to provide a general corporate update and announce the engagement of National Bank Financial Inc.
    Over the past two quarters, ReGen III has been actively advancing on FEL3 (FEED).
  • The Company is continuing to progress all opportunities for project-level financing, including with strategic investors, industry participants and private equity investors.
  • National Bank Financial Inc. will also advise and assist the Company with the evaluation and execution of other strategic opportunities.
  • Greg Clarkes, Chairman & CEO of ReGen III stated, "We look forward to expanding our working relationship with one of Canada's leading investment banks.