Welcome to our dedicated page for Susglobal Energy news (Ticker: SNRG), a resource for investors and traders seeking the latest updates and insights on Susglobal Energy stock.
SusGlobal Energy Corp. reports developments tied to environmental, agricultural and industrial biotechnology, renewable energy and circular-economy operations. The company uses organic food waste in waste-to-energy and regenerative-product applications, including renewable natural gas, compost and organic fertilizers such as SusGro.
Recurring updates focus on the Belleville, Ontario Organic & Non-Hazardous Waste Processing & Composting Facility, the Anew SusGlobal Belleville Composting Offset Project, sales of Verified Emission Reductions and Removals, and listings on the GHG CleanProject Registry. Company news also covers facility service agreements, intellectual-property protection for SUSGRO, financial advisory arrangements and periodic operating results.
SusGlobal Energy Corp. (OTCQB:SNRG) has been recognized by The Finnish Innovation Fund Sitra as one of 39 global solutions in the circular economy at the World Circular Economy Forum Online held on September 29-30, 2020. This recognition highlights SusGlobal's efforts in diverting organic waste from landfills and producing sustainable products like the SusGro™ organic fertilizer. CEO Marc Hazout expressed pride in this validation of their initiatives, aiming to enhance shareholder value while promoting regenerative products.
SusGlobal Energy Corp. (OTCQB: SNRG) reported flat revenue of $382,639 for Q2 2020, compared to $381,834 in Q2 2019. The company highlighted its integration of The Ydro Process into its operations, yielding positive results. It received a trademark registration for 'LEADERS IN THE CIRCULAR ECONOMY' from the USPTO, effective for ten years. Operating expenses reached $526,296, leading to a net loss of $323,171 or $0.01 per share. Despite challenges, the company aims for revenue growth and cash flow improvement, focusing on enhancing shareholder value.