Welcome to our dedicated page for Bion Environment news (Ticker: BNET), a resource for investors and traders seeking the latest updates and insights on Bion Environment stock.
Bion Environmental Technologies, Inc. (BNET) provides innovative solutions for sustainable livestock waste management through its patented ammonia recovery systems. This news hub offers investors and industry stakeholders timely updates on the company's environmental technology advancements, financial developments, and strategic initiatives.
Access official press releases and curated news covering earnings announcements, technology innovations, and partnerships in the sustainable agriculture sector. Our repository simplifies tracking BNET's progress in converting livestock waste into organic fertilizers and renewable energy solutions.
Discover updates about the Gen3Tech platform and Ammonia Recovery System (ARS) implementations, along with regulatory milestones affecting circular agriculture practices. The collection serves as an essential resource for monitoring how Bion addresses environmental challenges while creating economic value.
Bookmark this page for streamlined access to verified information about BNET's role in sustainable resource recovery. Check regularly for new developments in clean livestock production and low-carbon fertilizer markets.
Bion Environmental Technologies announced the appointment of Turk Stovall and Bob Weerts to its Board of Directors. Stovall, a fifth-generation Montana rancher and CEO of Stovall Ranching Companies, brings extensive experience in cattle feeding and will also lead a JV to develop a new cattle feeding facility in Shepherd, Montana. Weerts, a Minnesota-based entrepreneur and long-time Bion shareholder, has a diverse business background in areas like erosion control, sod farming, and energy development. Bion's Head of Business Development, Craig Scott, highlighted their valuable expertise in bolstering Bion's commercialization and project development efforts.
Stovall Ranching Companies and Bion Environmental Technologies have announced a partnership to develop a state-of-the-art cattle feeding facility in Shepherd, Montana. The facility, designed to house 15,000 cattle, aims to produce high-quality, eco-friendly beef using Bion's advanced waste treatment and resource recovery technology. This includes solar power, organic fertilizers, and clean water harvesting systems. Turk Stovall, CEO of Stovall Ranching Companies, will join Bion’s Board of Directors and lead the venture. Both companies believe this project will set a new standard for sustainable beef production and could serve as a model for future facilities.
Bion Environmental Technologies has announced key leadership changes as it refocuses its efforts on project execution and development. CEO Bill O’Neill has resigned effective June 1, 2024, to pursue other interests, with Greg Schoener taking over as Interim Chief Operating Officer and joining the Board of Directors on the same date. Craig Scott, who has held various senior positions at Bion since 1996, has also joined the Board of Directors and will take on broader management duties.
Mark Smith, Chairman of the Board and President, was set to retire at the end of June 2024 but will continue to assist with the transition. The company remains focused on its capital needs and the engineering of its Ammonia Recovery System (ARS) at Fair Oaks, targeting cost-effective ammonia control for industrial organic waste streams, particularly in the meat packing/slaughter sector. Bion expects to commence a new project shortly and aims to leverage tougher EPA discharge standards to capitalize on its sustainable beef opportunity.
Bion Environmental Technologies (OTC QB: BNET) provided a comprehensive company update. The firm faced several challenges, including construction delays at Fair Oaks and management transitions following the passing of their long-term CEO/COO. These issues have hindered their ability to raise capital through traditional channels. Bion is in discussions with potential partners in clean energy, utilities, and agriculture to secure strategic investments. Despite financial setbacks, Bion remains optimistic about its Ammonia Recovery System (ARS), which has shown promising results in initial tests. The ARS technology, which extends to industrial and municipal waste streams, could accelerate revenue growth. Bion is also exploring opportunities in the sustainable beef industry, seeking distribution partners for its projects which could offer a unique solution for Renewable Natural Gas (RNG) from beef waste.
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