EcoSystem (ESYM.OB) Unveils MAGFUEL(TM) Feedstock for Biodiesel Process; Converts Food Scrap Waste into Natural Oils with Greater Yields than Soy
Source: http://Blog.QualityStocks.net/?p=14721Posted on Wednesday, March 18th, 2009 | In Small & Micro Cap
EcoSystem is a young company that is quickly making a name in the marketplace with innovating industrial-scale applications of bioreactor technology that are designed to resolve compelling ecological challenges while producing valuable products. The company reached a new milestone when they unveiled their MAGFUEL ™ biofuel feedstock model. EcoSystem will apply their bioreactor technology to convert food scrap waste into natural oils for biodiesel feedstock and specialty chemical applications.
The key to EcoSystem’s bioreactor technology is the use of the Black Soldier Fly. When at full capacity, Black Soldier Fly food scrap waste conversion technology could yield up to 190,000 gallons of crude (non-food) natural oils per acre of bioreactor surface area annually. In comparison, soybean yields an average of 40 gallons of oil per acre annually. EcoSystem’s integrated bioreactor is estimated to be deployed at a cost of less than $100 per square foot with minimal use of utilities for other than periodic cleaning and heating.
According to the Environmental Protection Agency (EPA), the annual food scrap waste generated per capita in the U.S. is 1,678 pounds. 40% to 50% of nearly all food harvested never gets consumed according to the University of Arizona’s Bureau of Applied Research in Anthropology.
One of the major aspects that separate this company from their competitors is that EcoSystem’s Black Soldier Fly bioreactor technology can convert a diverse array of feedstocks, including poultry and swine manure, livestock processing wastes, and food scrap waste. Black Soldier Flies are clean, energy-efficient and voracious. They rapidly consume large quantities of feed during maturation and have a high tolerance against contaminants that would cripple algae and other bioreactor technologies.
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