Latest news with #WasteEnergyCorp
Associated Press
29-05-2025
- Business
- Associated Press
Waste Energy Corp Targets Scalable Growth with Strategic Win and Four-State Regulatory Pipeline in Motion
Company Sets Shareholder Call for June 12th FAIRFIELD, CA / ACCESS Newswire / May 29, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced a series of major corporate milestones as it prepares to enter the revenue generation phase of its business in the second half of 2025. WEC has completed the procurement of all parts and components required to build its first full-scale waste-to-energy (WTE) system. With the equipment now built & secured, the Company is finalizing preparations for installation and expects to commence operations shortly after permitting is secured. An update will be released on the investor call now set for June the 12th after the market closes. Over the next 30 days, the Company will submit filings for air quality, EPA, and business permits across four U.S. states, supporting its strategy to develop a national network of WTE conversion sites. These filings represent the next phase of WEC's operational growth and geographic expansion. Additionally, the Company successfully closed its first WTE-related consulting agreement during the first quarter of 2025, further validating market demand for WEC's expertise and technology-driven waste remediation solutions. Addressing the U.S. Plastic Waste Crisis The United States generates more plastic waste than any other country on earth, producing approximately 42 million metric tons annually-equating to about 130 kilograms (287 pounds) per person each year. This figure is almost double that of China, the second-largest generator of plastic waste globally. Alarmingly, only about 5% to 6% of this plastic waste is recycled annually, with the majority ending up in landfills, incinerated, or polluting the environment. This mismanagement contributes significantly to environmental degradation and poses serious health risks due to microplastic contamination. Waste Energy Corp is committed to tackling this crisis by transforming non-recyclable plastic waste into clean energy and valuable byproducts, thereby reducing landfill dependence and mitigating environmental pollution . 'After years of designing and building a scalable, revenue-focused platform to tackle the U.S. plastic waste crisis, we are now positioned to activate it and begin full-scale operations,' said Scott Gallagher, Chairman and CEO of Waste Energy Corp. 'The equipment for our first waste-to-energy site is now fully secured and built, and we're actively advancing through the regulatory pathways in the four key growth states we've identified. We'll provide a detailed business update during the June 12th shareholder call. We are now entering the execution phase of our business model. Our mission-to divert and convert plastic waste into clean, U.S.-based energy products like low-sulfur diesel and carbon credits-is officially underway. In the second half of 2025, we're targeting the elimination of more than 2 million pounds of plastic waste that would otherwise end up in landfills, while delivering measurable value to shareholders, energy markets, and the communities we serve.' To provide shareholders and prospective investors with a comprehensive business update, Waste Energy Corp will host a live shareholder conference call on Wednesday, June 12, 2025, after the market closes. During the call, management will discuss the progress of its first facility, its permitting efforts, and the Company's outlook for the remainder of 2025. About Waste Energy Corp Waste Energy Corp (OTCQB:WAST) is transforming waste into opportunity by converting non-recyclable plastics and used tires into clean, U.S.-based energy. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfill while creating new US based energy streams that generate measurable environmental and economic value. Waste Energy Corp is a fully reporting SEC Exchange Act company, trading on the OTCQB under the symbol WAST. For more information, visit or access investor disclosures at Forward-Looking Statements This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at Investor Contact: Waste Energy Corp Email: [email protected] Phone: (727) 417-7807 Website: SOURCE: Waste Energy Corp press release
Associated Press
26-03-2025
- Business
- Associated Press
Waste Energy Corp Advances Toward Completion of Flagship Plastic Waste Conversion System
New Report: Scientists have found evidence of microplastics in human brains as well as 98.9% of seafood samples. FAIRFIELD, CA / ACCESS Newswire / March 26, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced that its first plastic waste conversion system is now approximately 80% built out. This major milestone marks rapid progress in the company's mission to confront the environmental damage plastic waste is causing in communities across the United States every single day-and to transform how the nation manages discarded plastic waste materials. The problem with Plastic. A new report from the WEF stated, Microplastics have been found in the land, sea and air, across the food chain and throughout the human body. The report went on to state that Microplastics have now been detected throughout the human body - including the blood, lungs, liver and even lower limbs. The core structure of WEC's plastic waste conversion system is now fully built, with the majority of key components in place and final systems integration actively underway. The upgraded emissions control system is also nearing completion, ensuring clean operation and compliance with stringent environmental standards. 'The United States is drowning in plastic,' said Scott Gallagher, Chairman and CEO at Waste Energy Corp. 'Our plastic waste conversion system is a direct, industrial-scale answer to this crisis-built to divert waste plastic from landfills and waterways and convert it into clean, valuable energy. This is not a theory. This is infrastructure, and it's nearly ready.' Each fully developed WEC conversion system is designed to divert and convert up to 10,950 tons of plastic waste per year, with the ability to scale across regions. The company is currently evaluating potential locations in multiple states for full-scale operations, with the intent to deploy a nationwide network of WTE conversion systems to aggressively reduce plastic pollution in the USA and generate clean fuel in the process. As WEC finalizes this first system, the company continues to align with partners and stakeholders who are committed to solving one of the most urgent environmental issues of our time-not through talk, but through tangible, results-driven technology. For more information about Waste Energy Corp, please visit For media inquiries or investor information, please contact: Scott Gallagher, CEO (727) 417-7807 About Waste Energy Corp Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source. Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit For additional investor or financial information visit: Forward-Looking Statements This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at .
Associated Press
06-03-2025
- Business
- Associated Press
Waste Energy Corp Names New CFO
Company Announces Full Repayment of Convertible Note FAIRFIELD, CA / ACCESS Newswire / March 6, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging waste-to-energy (WTE) company at the forefront of sustainable innovation, dedicated to diverting plastic and tires waste streams from oceans, streams, nature and food supplies, today announced the appointment of Mr. Braden Glasbergen as its new Chief Financial Officer (CFO), effective immediately. Mr. Glasbergen has played a pivotal role in the company's financial operations for several years, assisting with its SEC filings and working closely under the guidance of outgoing CFO, Mr. Swapan Kakumanu. With over two decades of experience in financial leadership roles across industries such as manufacturing, consulting, and environmental services, Glasbergen brings a wealth of expertise to his new position. His strategic financial acumen, combined with his deep understanding of regulatory compliance, corporate governance, and operational efficiency, makes him an ideal fit to lead Waste Energy Corp's financial strategy as the company continues to expand its waste-to-energy initiatives. 'I couldn't be more thrilled to welcome Mr. Braden Glasbergen as our new CFO,' said Scott Gallagher, Chairman and CEO of Waste Energy Corp. 'His strong financial background and deep understanding of our business will be invaluable as we continue driving growth and innovation in the waste to energy sector. As we scale our business, we remain focused on driving shareholder value and ensuring long-term financial stability. We have assembled a leadership team that values our presence in the public markets and is committed to protecting our capital structure and driving shareholder value as we grow. We will continue to make strategic decisions that align with our mission of expanding our operations while maintaining strong financial discipline and Braden will play an important role in that process.' As the company welcomes Mr. Glasbergen in his new role, it extends its sincere gratitude to Mr. Swapan Kakumanu for his years of dedicated service. Kakumanu played an instrumental role in transitioning the company toward its waste-to-energy business model, and his contributions have laid a strong foundation for future success. 'On behalf of the entire team at Waste Energy Corp, I want to personally thank Swapan for his service and leadership throughout the years,' added Gallagher. 'His dedication and expertise has been critical in shaping the company's financial direction, especially during the transition and we appreciate his efforts in ensuring a smooth transition.' In response, Mr. Kakumanu expressed his confidence in the company's direction, stating, 'I firmly believe in the long-term potential of Waste Energy Corp and its mission to revolutionize waste-to-energy solutions. The company is positioned for significant growth, and I have no doubt that Braden and the leadership team will continue executing on our vision. I look forward to supporting the team as a consultant as needed, ensuring continuity and contributing to the company's success in any way I can.' Additionally, Waste Energy Corp is pleased to announce that a previously issued convertible note has been fully repaid. This milestone reflects the company's commitment to maintaining financial discipline and maximizing shareholder value as it continues to develop innovative energy solutions. Furthermore, the company has begun the process of permitting and securing regulatory filings to handle plastic and tire waste at the federal level as it evaluates opportunities in several states. This initiative aligns with Waste Energy Corp's long-term growth strategy as it seeks to scale its business and expand its waste-to-energy operations nationwide. Glasbergen will play a key role in this effort, working alongside President of Waste-to-Energy Operations W. Scott McBride to navigate the permitting process and ensure regulatory compliance as the company expands its footprint. For more information about Waste Energy Corp, please visit Company Contact: Scott Gallagher, CEO (727) 417-7807 [email protected] About Waste Energy Corp Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source. Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit For additional investor or financial information visit: Forward-Looking Statements This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at
Associated Press
25-02-2025
- Business
- Associated Press
Waste Energy Corp Files Patent Application to Cut Emissions, Eliminate PFAS, and Maximize Profits with Automated Carbon Credit Optimization
FAIRFIELD, CA / ACCESS Newswire / February 25, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging waste-to-energy (WTE) company at the forefront of sustainable innovation, dedicated to diverting plastic and tires waste streams from oceans, streams, nature and food supplies, today announced the filing of a patent application for an 'Advanced AI-Powered Emissions Monitoring & Carbon Credits Creation & Optimization System'. Once accepted, the patent pending system will feature PFAS control, automated feedstock monitoring and purity assurance, robust AI-powered emissions monitoring and carbon credit automation & optimization. This breakthrough technology is designed to set a new industry standard in environmental compliance, operational efficiency, and revenue optimization. This patent-pending system will be one of, if not the first system of its kind to integrate AI-driven emissions monitoring with automated feedstock purity assurance and PFAS (Per- and Polyfluoroalkyl Substances) control. This technology ensures that only the purest feedstock enters the waste-to-energy conversion process, reducing operational inefficiencies and maximizing fuel output quality. By using advanced machine learning algorithms, the system can detect and filter harmful contaminants, including PFAS-a group of persistent environmental pollutants linked to significant health and ecological risks. This capability allows Waste Energy Corp to further its commitment to sustainability and environmental responsibility while maintaining the integrity of its pyrolysis operations. Key Features and Benefits of the Technology: Automated Feedstock Purity Assurance: The system leverages real-time data analysis to automatically verify feedstock purity before it enters the conversion process. This reduces reliance on manual inspections and ensures a consistent, high-quality input stream-enhancing operational efficiency and minimizing downtime due to contamination. Comprehensive PFAS Detection and Control: The technology actively monitors for PFAS and other hazardous materials throughout the feedstock processing cycle. By eliminating these harmful compounds early in the process, the system safeguards environmental health and improves the overall safety of waste-to-energy conversion. Human-Error-Free Carbon Credit Creation & Optimization: Automation removes the need for manual oversight in generating carbon credits, ensuring compliance with international carbon market standards. This streamlined approach guarantees both efficiency and accuracy, turning emissions reductions into financial assets with minimal administrative overhead. Enhanced Emissions Control Through Data Aggregation: The system continuously aggregates data from emissions monitoring sensors, offering real-time insights into environmental performance. By detecting anomalies and trends early, companies can proactively reduce emissions, stay ahead of regulatory requirements, and strengthen their sustainability credentials. Financial and Environmental Value Creation: By optimizing carbon credit generation and improving emissions management, this technology opens up new revenue streams for Waste Energy and similar companies while supporting global decarbonization efforts. Businesses that adopt this system will benefit from cost savings, increased revenue opportunities, regulatory compliance, and enhanced market positioning as sustainability leaders. 'This patent filing represents a pivotal step forward in our mission to deliver cleaner energy solutions,' said Scott Gallagher, CEO of Waste Energy Corp. 'Our AI-powered system is designed not only to monitor emissions in real time but also to actively remove harmful substances like PFAS from the feedstock stream before they enter our machine-an essential breakthrough for environmental protection. By eliminating human error, ensuring feedstock purity, and automating carbon credit generation, we're creating a highly efficient platform that enhances profitability while reinforcing our commitment to sustainability. This technology reflects our dedication to transforming waste into energy responsibly, maximizing both environmental impact and revenue potential for our stakeholders.' For more information about Waste Energy Corp, please visit Company Contact: Scott Gallagher, CEO (727) 417-7807 [email protected] About Waste Energy Corp Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source. Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit For additional investor or financial information visit: Forward-Looking Statements .
