TransAct Energy Corp Signs 10-year Waste Supply Agreement With Grupo Ecologico Hasars for Guadalajara, Mexico
SAN ANTONIO, October 13, 2017 /PRNewswire/ --
TransAct Energy Corp (OTC: TEGY) announced today that they have signed a 10-year Waste Supply & Disposal Agreement with Hasars S.A. de C.V. to process their municipal solid waste ("MSW") collections from the Tlaquepaque region of Greater Guadalajara in Mexico. Through TransAct's wholly owned subsidiary, Puebla Z.E.W.O.P.1, S de R.L. de C.V., the Company has now secured the feed-stock for its first Zero Emissions Waste Optimization Plant (Z.E.W.O.P.[TM]) to be constructed in Mexico. The plant will be able to process 481,800 metric tonnes annually of which Hasars will supply the same, until Dec 31, 2027.
"We finally have our feed-stock and can move forward," says TransActs CEO, Rod Bartlett, "After years and several attempts to secure a binding agreement in Mexico from a credible source we have finally succeeded. This is the corner stone upon which we build this plant and the Company. Now we can secure a site on which to build the Z.E.W.O.P.[TM] and move forward with the presale agreements to complete on the required capital."
"Hasars sees TransActs Z.E.W.O.P.[TM] as the future of waste management in Mexico and the world," says Adrian Orozco Gardenas, Managing Partner of Hasars. "We are genuinely excited about having the MSW we collect optimized rather than placed in a land-fill.
About Grupo Ecologico Hasars (Hasars S.A. de C.V.)
Hasars S.A. de C.V. ( http://www.hasars.com ) is a privately held company with 30 years of experience in the integral management of Municipal, Industrial and Commercial Solid Waste. They have the necessary infrastructure and technology to execute large-scale projects that solve waste problems immediately and generate significant environmental benefits. They are a company committed to Mexico.
About TransAct Energy Corp.
TransAct Energy Corp. is a Nevada organized company that owns proprietary technology called Zero Emissions Waste Optimization Plants (ZEWOP(TM)) which takes Municipal Solid Waste (MSW) and produces multiple products without any residuals returning to the environment. These by-products include 18 different product streams including potable water, fuels, heavy metals, scrap metals, aluminum, glass, waxes, sugars and carbon which may be resold back into the marketplace at a profit. The Company intends to develop its ZEWOP(TM) technology in conjunction with municipalities globally who are facing waste-management growth while trying to alleviate environmental impacts. Please visit http://transactenergycorp.com for more information or follow us on twitter at transactenergycorp@transactenergyc.
Safe Harbor This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified using forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact:
Roderick C Bartlett
Phone: 210-888-0785
rbartlett@transactenergycorp.com
SOURCE TransAct Energy Corp
