July 23, 2021 -- InvestorsHub NewsWire -- via Digital Journal -- Clean
Vision Corporation (OTC PINK: CLNV) is
again on the move. On Wednesday, it announced that its Clean-Seas
subsidiary has expanded its portfolio of Ecuadorian cities intent
on using its waste plastic-to-energy pyrolysis technology. CLNV
noted that the Mayor of Milagro, Francisco Asan Wonsang, of
the province of Guayas, Ecuador has signed a Letter of
Intent with Clean-Seas to establish a public-private joint venture
partnership in which Clean-Seas will deploy a waste
plastic-to-energy processing plant. That deal follows a similar
agreement signed with the Mayor of
Naranjal, Ecuador announced last week.
The service is a timely one for Milagro, which like many cities
throughout Latin American, is faced with a waste crisis, as
landfills are reaching capacity. This LOI signed earlier this
month is designed to relieve the pressure on the city’s existing
infrastructure and handle the Municipal Solid Waste (MSW) stream in
an environmentally responsible way. Milagro currently collects as
much as 200 metric tons of MSW daily, and guaranteed access to this
consistent supply of feedstock provides a solid operational
foundation for Clean-Seas to attract domestic and foreign financing
for the project. Notably, CLNV expects the facility in Milagro to
generate revenue of approximately $13.5 million annually.
If so, the entire project payback can happen in less than three
years.
The better news is that CLNV expects to leverage its subsidiary
to generate tens of millions of dollars of prospective business
in Ecuador. Here’s how:
Partnerships To Drive Value
Partnerships. Clean-Seas announced a partnership with EcoLibrium
(formerly EcoVerde) for the noted and other projects throughout the
country. In a previously published article covering the deal,
Gustavo Santana, CEO of EcoLibrium, stated, “In working with
Clean-Seas we have developed a win-win scenario
for Ecuador and its people, as well as for our investors.
Projects such as this one in Milagro will provide valuable data and
an attractive ROI for proving our model in Latin
America as we continue to expand our footprint throughout the
region.”
Adding to the value within the agreement, Dan Bates, Clean
Vision Chief Executive Officer, said, “EcoLibrium has opened doors
that could have taken us years to get through on our own, fast
tracking our efforts to expand into the lucrative Latin American
market. Mr. Santiago’s vision for a cleaner and more
environmentally conscious Ecuador are perfectly aligned
with that of Clean Vision’s. His relationships, at the highest
levels of government and banking, make this an exciting business
opportunity for our companies.”
According to CLNV, the plant’s output will consist of
clean-burning diesel fuel, bio-char, and industrial oil. Also
important to the value equation, it will generate approximately
70,000 carbon credits annually. And Clean-Seas, through its
recently announced JV partnership with GGII, has an
off-take agreement in place with a multinational oil company for
its clean, sulfur-free diesel fuel, which can provide approximately
100 high paying, green jobs for the local economy.
These deals could be only the start for a surge in deal making
momentum in the back half of this year.
Bringing Power By Being Environmentally
Friendly
In fact, these newest agreement follow an already busy 2021.
Earlier this month, CLNV announced that its Clean-Seas subsidiary
has established a joint venture with Roselle Capital to develop and
deploy a revolutionary pyrolysis technology in Asia that will
transform plastic waste into valuable commodities and clean energy.
Roselle Capital specializes in brokering Asian and Western
strategic deals and is leading the expansion of a self-sustaining
medical facility known as Sabah Wellness Place. That facility is
intending to use only green energy and value-added plastic waste
conversion wherever possible. That agreement is a significant step
for Clean-Seas and CLNV, who are expecting their pyrolysis
recycling technology to become one of the most important
Eco-friendly services available.
At its core, Clean Vision Corp is a merger and acquisition
(M&A) company focused on providing sustainable and clean
technology solutions. Driven by the “3 P’s” – People, Planet,
Profit – CLNV helps bring value to its acquisitions through
consultancy services, connecting them with new vertical market
opportunities and expediting the commercialization of their
products. By creating a holding company that owns a variety of
synergistic assets, CLNV can maximize the potential of its
subsidiaries and generate multiple streams of revenue from the
sales, licensing, and developments of these companies.
They are leveraging the value of alternative energy sources and
other green technologies that have become one of the most critical
industries of today. They are taking advantage of a global
initiative to move away from carbon-based fuels, creating a cleaner
environment and providing considerable opportunities in untapped
revenue sources and job creation. CLNV’s strategy of building a
diversified portfolio focused on these industries can be more than
lucrative; it’s timely.
A Cleaner Global Future
CLNV currently has two companies within its portfolio that align
with its focus on providing industry-leading and environmentally
friendly solutions.
The first of these companies is Clean-Seas, Inc., a company
specializing in turning waste plastics into clean-burning fuels.
Now 100% owned by CLNV, the company was established in 2019,
focusing on developing novel plastic recycling technologies to
reduce the amount of waste that flows into the world’s oceans. The
world currently holds 8.3 billion tons of plastic waste, and at
current rates, only 9% of this waste will end up being recycled. To
make matters worse, 260 million tons of plastic waste were
generated in 2016 alone, and experts believe that this number will
increase to 460 million per year by 2030. With landfills across the
world already reaching capacity, this waste creates an undeniable
environmental crisis. And Clean-Seas, Inc. believes it can lead the
way in finding better solutions to these problems.
Also, Clean-Seas is focused on utilizing a modern recycling
solution called pyrolysis, a thermo-chemical treatment that can be
applied to any carbon-based product. This treatment, also known as
thermal cracking, converts inputs such as plastic into the valuable
outputs of pyrolysis oil, syngas, and char. These outputs can then
be used for various powerful and environmentally friendly
applications, including clean-burning fuels and water
purification.
Discovering optimal methods of recycling plastics has been
estimated to represent a $55 billion market opportunity by 2030.
With existing operations in 3 continents, Clean-Seas, Inc. is
already well prepared to source and deploy cutting-edge
technologies for waste-to-energy recycling. Further, the management
team behind Clean-Seas has decades of expertise working in the
renewable energy sector in developing countries. Along with
reducing carbon emissions, their operations can offer these areas
employment opportunities and other social programs.
Now wholly owned by CLNV, the company will be able to better
reach these markets and expedite the development and sourcing of
their recycling technologies.
100Bio Also Creates value
The second company in the CLNV portfolio is 100Bio. Established
in 2016, 100Bio is focused on developing and manufacturing the
world’s first plant-based Styrofoam. Containing no toxic chemicals,
100Bio’s plant-based foam is 100% biodegradable and compostable,
and has already received compostability certifications from
numerous environmental organizations.
It’s a better alternative to traditional Styrofoam, which is not
biodegradable and cannot be recycled efficiently. That means that
the 14 million tons produced annually are destined to end up in a
landfill. Still, despite the results, non-degradable Styrofoam has
remained a popular choice of packaging due to its many advantages
such as food insulation, low price, and light weight.
However, 100Bio can help change the mindset and developed a
solution that could retain these inherent advantages and still
respect the environment. Not only does its foam possess the same
packaging benefits as traditional Styrofoam, but it has also
improved upon them – their products can handle more weight, provide
more robust insulation, and protect fragile contents from damage,
all while being 100% biodegradable.
Currently, the company has five issued patents to protect its
portfolio and has since used its plant-based foam for food-based
applications such as bowls, plates, cups, and egg cartons. The
company plans to utilize the strengths of its Eco-friendly foam in
further applications such as insulation, agriculture, and
sports.
Notably, 100Bio is now 51% owned by CLNV and can benefit
significantly from its strengths in connecting businesses to
vertical markets.
Expecting Growth In Q3 and Q4
The back half of this year is setting up to be a breakout period
for the company. And despite its micro-cap size, CLNV is involved
in several big missions. Moreover, its interest in two innovative
companies that are producing long-term solutions to some of the
world’s biggest environmental crises is a value proposition not
reflected in its share price.
But, with its wholly-owned subsidiary Clean-Seas, Inc. working
to recycle plastics through pyrolysis, that may soon change. Keep
in mind, CLNV is in the right sector at the right time, and its
subsidiary technologies are expected to become one of the most
effective and highly utilized technologies in the waste sector in
the coming years.
Thus, for investors that think “big picture,” current prices may
be an entry point to consider. And with CLNV demonstrating vision
and ability to create value through accretive M&A, current
price levels are indeed compelling. The most excellent news from an
investors perspective, however, is that that CLNV may be only
getting started. And the back half of this year could be a banner
period of growth.
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Source - https://www.digitaljournal.com/pr/clean-vision-corp-expands-international-reach-leveraging-clean-seas-plastic-to-energy-pyrolysis-technology-otc-pink-clnv
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