N-Viro International Announces Tongxiang City China Agreement / N-Viro Energy Ltd. Signs Letter of Intent for Strategic Cooperation
September 28, 2015 Leave a comment
Toledo, Ohio, September 28, 2015 – N-Viro International Corporation (NVIC: OTCQB) announces N-Viro Energy (Hong Kong) Ltd. has executed a Letter of Intent for Strategic Cooperation with Tongxiang People’s Government of Zhejiang Province. Tongxiang City owns five wastewater treatment facilities within Jiaxing Zhejiang and is located in the center of the Yangtze Delta. Together the parties agree to develop an N-Viro Fuel™ waste-to-energy project to service the five facilities that handle a population of approximately 1 million people.
The mutual desire is to introduce the range of N-Viro systems and technologies in China. As well discuss the location of the headquarters of N-Viro China, in Tongxiang City and research and feasibility studies to expand our bioorganic waste-to-energy processes to include various food waste residuals.
Timothy R. Kasmoch, CEO President of N-Viro International Corporation had these comments; “This is an exciting project that will utilize our business model of having one central N-Viro Fuel facility that can service many waste treatment facilities. I look forward to working closely with Tongxiang City on this project.”
About N-Viro International
N-Viro International Corporation is a leader in the conversion of organic materials generated from industrial, agricultural and municipal sources. The Company’s proprietary, patented technologies, unique services and materials handling expertise are combined to offer turnkey solutions in both soil enrichment and alternative fuel development. For more information, please visit www.nviro.com or the N-Viro International Blog.
Special Cautionary Note Regarding Forward‐Looking Statements
The Company cautions that words used both in this document such as "expects," “hopes,” "anticipates," "believes" and "may," as well as similar words and expressions used herein, identify and refer to statements describing events that may or may not occur in the future. These forward‐looking statements and the matters to which they refer are subject to considerable uncertainty that may cause actual results to differ materially from those described herein. Additional information and factors that may adversely affect these forward‐looking statements are contained in the Company’s reports, including its Annual Report on Form 10‐K for the year ended December 31, 2014 and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward‐looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward‐looking information except to the extent required by applicable securities laws.