Henderson, NV, February 21, 2018 --(PR.com
)-- In an announcement, the company said that it had entered into an agreement with an international group for a minimum of 3 TRM systems that would be used to process sludge generated from a sewage treatment facility and produce a Class A (EQ) biofertilizer product, rich in organic matter for use in agriculture.
Furthermore, Collaborative Technology has made a commitment that as part of a program of greater control over energy costs, increased competitiveness, and delivery on emissions goals in its operations and manufacturing, it is embracing the use of renewables and will encourage 3rd party supplier engagement to meet its goal of sourcing 100% of its global electricity consumption from renewable sources within 18 months. The company also announced that it will offer its customers the opportunity of powering new Transonic Reaction Mills with 100% renewable energy on a global basis in a highly cost effective manner.
Ronen Hazarika, Managing Partner at Collaborative Technologies, LLC made the following comments, "We are extremely pleased to have concluded this important sale and look forward to developing the market further with our customer to expand the implementation of the TRM technology at more wastewater facilities and also rolling out the technology to facilities to convert livestock manure into pathogen free,moisture free organic fertilizers. The environmentally friendly technology diverts biosolids and other organics destined for landfill or incineration and creates high quality, low odor fertilizers with a greatly reduced energy usage associated with other traditional processes while lowering Greenhouse Gas emissions.
"We hope to extend this sales agreement further and believe that we can hit our internal target of $10 million in revenue with this customer within the next 18 months. Additionally, due to the reduced GHG emissions compared to conventional processes across biomass and biofertilizer usage, we will help our customer to share in the financial benefits of our in process methodologies for emission reduction credits, each equivalent to one tonne of Carbon Dioxide (CO2), which can be counted towards meeting climate change targets. Collaborative Technologies is determined to bring innovation and collaboration across our product portfolio to ensure that we, along with our 3rd party suppliers and also customers can be maximizing our efforts, as part of the global effort to hold warming to well below 2℃ and to accelerate the transition to a clean energy economy that will benefit our security, prosperity, and health.
"We believe that our business model of combining newly developed disruptive in-house technologies, new intellectual property, in-licensed technologies, unique low carbon footprint manufacturing processes, methods for monetizing reductions in regulatory emissions along with our unique 12 month interest free financing will propel us to gaining substantial traction in new markets globally and generate substantial revenues in the next 18 months."
The company expects to ship the 3 machines during the 3rd and 4th quarter of 2018 and further announcements on TRM sales, new products and services are expected to be made in the next 8 weeks.