Waste Energy Corp Announces Major Milestone: First Facility & Headquarters Secured in Texas Energy Capital
Waste Energy Corp (OTCQB:WAST) has secured a strategic foothold in Texas's energy sector by signing a long-term lease with a purchase option for a 3.7-acre industrial site in Midland, Texas. The facility will serve as both the company's corporate headquarters and its first waste-to-energy conversion system location.
The facility aims to convert plastic and tire waste into ultra-low sulfur diesel (ULSD), with initial processing capacity of 15 TPD (tons per day), scalable to 120 TPD. The company's waste diversion goals include processing 2 million pounds of plastic in 2025, scaling to 7.5 million pounds in 2026. The strategic location leverages Texas's position as the nation's leading diesel consumer and processor, with access to feedstock, buyers, and logistics infrastructure.
Waste Energy Corp (OTCQB:WAST) ha ottenuto una posizione strategica nel settore energetico del Texas firmando un contratto di locazione a lungo termine con opzione di acquisto per un sito industriale di 3,7 acri a Midland, Texas. La struttura fungerà sia da sede centrale aziendale sia come prima location per il sistema di conversione rifiuti-energia dell'azienda.
La struttura è progettata per trasformare rifiuti di plastica e pneumatici in diesel ultra a basso contenuto di zolfo (ULSD), con una capacità iniziale di lavorazione di 15 tonnellate al giorno (TPD), espandibile fino a 120 TPD. Gli obiettivi di diversione dei rifiuti dell'azienda prevedono il trattamento di 2 milioni di libbre di plastica nel 2025, con un aumento a 7,5 milioni di libbre nel 2026. La posizione strategica sfrutta il ruolo del Texas come principale consumatore e processore di diesel negli Stati Uniti, garantendo accesso a materie prime, acquirenti e infrastrutture logistiche.
Waste Energy Corp (OTCQB:WAST) ha asegurado una posición estratégica en el sector energético de Texas al firmar un contrato de arrendamiento a largo plazo con opción de compra para un sitio industrial de 3.7 acres en Midland, Texas. La instalación servirá como la sede corporativa de la empresa y su primera ubicación para un sistema de conversión de residuos en energía.
La instalación tiene como objetivo convertir residuos plásticos y de neumáticos en diésel ultra bajo en azufre (ULSD), con una capacidad inicial de procesamiento de 15 toneladas por día (TPD), escalable hasta 120 TPD. Las metas de desviación de residuos de la empresa incluyen procesar 2 millones de libras de plástico en 2025, aumentando a 7.5 millones de libras en 2026. La ubicación estratégica aprovecha la posición de Texas como el principal consumidor y procesador de diésel del país, con acceso a materias primas, compradores e infraestructura logística.
Waste Energy Corp (OTCQB:WAST)는 텍사스 에너지 산업에서 전략적 입지를 확보하기 위해 텍사스 미들랜드에 위치한 3.7에이커 산업 부지에 대한 장기 임대 계약과 구매 옵션을 체결했습니다. 이 시설은 회사의 본사이자 최초의 폐기물 에너지 전환 시스템 위치로 사용될 예정입니다.
이 시설은 플라스틱 및 타이어 폐기물을 초저유황 디젤(ULSD)로 전환하는 것을 목표로 하며, 초기 처리 용량은 하루 15톤(TPD)에서 120 TPD까지 확장 가능합니다. 회사의 폐기물 전환 목표는 2025년 200만 파운드의 플라스틱 처리에서 2026년 750만 파운드로 확대하는 것입니다. 이 전략적 위치는 텍사스가 미국 내 디젤 최대 소비자이자 가공업체로서 원료, 구매자 및 물류 인프라에 접근할 수 있는 이점을 제공합니다.
Waste Energy Corp (OTCQB:WAST) a obtenu une position stratégique dans le secteur énergétique du Texas en signant un bail à long terme avec une option d'achat pour un site industriel de 3,7 acres à Midland, Texas. L'installation servira à la fois de siège social de l'entreprise et de premier site pour son système de conversion des déchets en énergie.
L'installation vise à convertir les déchets plastiques et de pneus en diesel ultra-faible teneur en soufre (ULSD), avec une capacité initiale de traitement de 15 tonnes par jour (TPD), extensible jusqu'à 120 TPD. Les objectifs de détournement des déchets de l'entreprise incluent le traitement de 2 millions de livres de plastique en 2025, passant à 7,5 millions de livres en 2026. L'emplacement stratégique tire parti de la position du Texas en tant que principal consommateur et transformateur de diesel du pays, avec un accès aux matières premières, aux acheteurs et aux infrastructures logistiques.
Waste Energy Corp (OTCQB:WAST) hat sich im Energiesektor von Texas eine strategische Position gesichert, indem es einen langfristigen Mietvertrag mit Kaufoption für ein 3,7 Hektar großes Industriegrundstück in Midland, Texas abgeschlossen hat. Die Anlage wird sowohl als Firmenzentrale als auch als erster Standort für das Abfall-zu-Energie-Umwandlungssystem des Unternehmens dienen.
Die Anlage soll Kunststoff- und Reifenabfälle in ultra-niedrigschwefeligen Diesel (ULSD) umwandeln, mit einer anfänglichen Verarbeitungskapazität von 15 Tonnen pro Tag (TPD), die auf 120 TPD skalierbar ist. Die Abfallumleitungsziele des Unternehmens umfassen die Verarbeitung von 2 Millionen Pfund Kunststoff im Jahr 2025, steigend auf 7,5 Millionen Pfund im Jahr 2026. Die strategische Lage nutzt die Position von Texas als führender Dieselverbraucher und -verarbeiter in den USA mit Zugang zu Rohstoffen, Käufern und Logistikinfrastruktur.
- None.
- Initial processing capacity of 15 TPD is significantly below maximum capacity of 120 TPD
- Property is currently leased rather than owned, creating potential future acquisition costs
- Company trades on OTCQB market rather than major exchange
Company Secures Option to Acquire 3.7-Acre Industrial Site in Midland, TX for Waste-to-Energy Operations
FAIRFIELD, CA / ACCESS Newswire / July 7, 2025 / Waste Energy Corp ("Waste Energy" or the "Company"), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced it has signed a long-term lease-with an option to purchase nearly four acres of Industrial property in Midland, Texas. The property will host the company's first Waste to Energy conversion system and will serve as the new Waste Energy corporate headquarters.
"Texas generates, refines, and consumes more diesel than any other state in America, giving us unrivaled proximity to feedstock, fuel buyers, and logistics," said Scott Gallagher, Chairman & CEO of Waste Energy Corp. "Our Midland hub puts us at the center of the nation's rising energy needs-driven by the rapid growth of data centers, electric vehicles, and next-generation technologies-at a time when demand for reliable fuel sources are reaching levels not seen in decades. By converting plastic and tire waste into clean-burning (ULSD)ultra low sulfur diesel fuel, we're not just meeting that demand-we're turning one of the world's biggest environmental problems into a powerful energy solution."
Why Texas? A Century of Fuel Leadership
Historical scale: Texas' 34 refineries can process nearly 6.3 million barrels per day-about one-third of total U.S. capacity.
Top consumer: The state of Texas consumes more ULSD annually than both California and Florida combined, driven by heavy industry, agriculture and freight.
Permian Basin advantage: Midland offers pipeline, rail and interstate access for both incoming waste feedstock and outgoing refined products.
Surging U.S. Power Demand: A Decade of Unprecedented Growth Ahead
The U.S. is entering a new era of energy demand, driven by the explosive growth of data centers, electric vehicles (EVs), Web3 infrastructure, and the reshoring of industrial development:
The U.S. Department of Energy projects data centers alone could consume up to
12% of the nation's electricity by 2028, up from4.4% in 2023.Goldman Sachs estimates global data center power use will rise by
50% by 2027, fueled by next-gen computing needs.McKinsey forecasts U.S. data center demand will more than triple to 80 gigawatts by 2030.
In Texas, grid operator ERCOT expects peak power demand to nearly double by 2031, driven by large-scale digital and industrial expansion.
This wave of demand puts enormous pressure on the grid and creates a critical need for reliable backup power and decentralized diesel fuel sources.
WEC domestically produced fuel supports grid resilience, fuels industrial operations, and turns harmful waste into a vital energy solution.
Project Snapshot
Metric | Details |
Location | Midland, Texas (lease-to-own, ~4 acres) |
Max Capacity | Up to-120 TPD plastic & tire-Starting with 15 TPD |
Refined Outputs | ULSD (<15 ppm sulfur), carbon black, syngas, carbon credits |
Annual Waste Diversion Goals | 2025- 2 Million Pounds of Plastic 2026-7.5 Million Pounds of Plastic |
Corporate HQ | Yes - on-site |
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 sources. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfills & convert it into 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 www.WEC.eco or access investor disclosures including current and historical financial statements at www.SEC.gov.
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 www.SEC.Gov.
Investor Contact:
Waste Energy Corp
Email: Scott@MetaWorksPlatforms.io
Phone: (727) 417-7807
Website: www.WEC.eco
SOURCE: Waste Energy Corp.
View the original press release on ACCESS Newswire
FAQ
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