Methes Energies Selects Genscape Inc. as Its Quality Assurance Plan (QAP) Provider
03 Junho 2014 - 10:00AM
Marketwired
Methes Energies Selects Genscape Inc. as Its Quality Assurance Plan
(QAP) Provider
LAS VEGAS, NV--(Marketwired - Jun 3, 2014) - Methes
Energies International Ltd. (NASDAQ: MEIL), a renewable energy
company that offers an array of products and services to biodiesel
fuel producers, today announced that it has selected Genscape Inc.
as its Quality Assurance Plan (QAP) provider for Renewable
Identification Numbers (RINs) verification.
Genscape's robust program is registered with the EPA and ensures
Methes Energies' RINs will maintain a high standard for quality and
reliability while providing the flexibility to offer both QAP A and
QAP B RINs. The U.S. Environmental Protection Agency (EPA) is set
to implement a quality assurance program for RINs generated on
biofuels produced at foreign facilities and imported into the U.S.
as well as for U.S. facilities that generate their own RINs. The
EPA expects the program to promote greater liquidity in the
transfer and use of RINs, especially for smaller producers.
Nicholas Ng, President of Methes Energies, said, "As our
production is set to increase at our Sombra facility combined with
the fact that Methes Energies is now approved as an importer of
record, we felt that the timing was right to get our QAP program in
place. Genscape has the experience and the credibility to make sure
that our production and generation of RINs meet all EPA
requirements."
Susan Olson, Vice President, Agriculture and Biofuels, of
Genscape added, "Genscape is excited to add Methes Energies to our
growing list of QAP clients and looks forward to working with an
innovative company like Methes Energies to promote quality and
transparency in the industry."
For more information about Genscape Inc., visit
www.genscape.com
About Methes Energies International Ltd.
Methes Energies International Ltd. is a renewable energy company
that offers a variety of products and services to biodiesel fuel
producers. Methes also offers biodiesel processors that are unique,
truly compact, fully automated state-of-the-art and continuous flow
that can run on a wide variety of feedstocks. Methes markets and
sells biodiesel fuel produced at its showcase production facility
in Mississauga, Ontario, Canada, and at its 13 MGY facility in
Sombra, Ontario, to customers in the U.S. and Canada, as well as
providing multiple biodiesel fuel solutions to its
clientele. Among its services are selling commodities to its
network of biodiesel producers, selling their biodiesel production
and providing clients with proprietary software to operate and
control their processors. Methes also remotely monitors the
quality and characteristics of its clients' production, upgrades
and repairs their processors and advises clients on adjusting their
processes to use varying feedstock to improve the quality of their
biodiesel. For more information, please visit www.methes.com.
Forward-looking Statements
This press release contains forward-looking statements
regarding future events and financial performance. In some cases,
you can identify these statements by words such as "may," "might,"
"will," "should," "except," "plan," "intend," "anticipate,"
"believe," "estimate," "predict," "potential," or "continue," the
negative of these terms and other comparable terminology. These
statements involve a number of risks and uncertainties and are
based on numerous assumptions involving judgments with respect to
future economic, competitive and market conditions and future
business decisions, all of which are difficult or impossible to
predict accurately and many of which are beyond the Company's
control. There are or may be important factors that could cause our
actual results to materially differ from our historical results or
from any future results expressed or implied by such forward
looking statements. These factors include, but are not limited to,
those discussed under the section entitled "Risk Factors" in our
Annual Report on Form 10-K for the year ended November 30,
2013, filed on February 25, 2014, as amended, which is available at
the U.S. Securities and Exchange Commission website at
www.sec.gov. The forward-looking statements in this
press release are based upon management's reasonable belief as of
the date hereof. The Company undertakes no obligation to revise or
update publicly any forward-looking statements for any
reason.
Contacts: Methes Energies International Ltd. Michel G. Laporte
Chairman and CEO 702-932-9964
Methes Energies (PK) (USOTC:MEIL)
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