Company Description
Waste Energy Corp (OTCQB: WAST) is a clean-energy and waste-to-energy company focused on converting non-recyclable plastics and end-of-life tires into usable fuel and other renewable energy products. The company describes its mission as transforming landfill-bound waste into U.S.-based energy sources that create measurable environmental and economic value. Waste Energy Corp is a fully reporting SEC Exchange Act company trading on the OTCQB under the symbol WAST.
According to multiple company press releases, Waste Energy Corp is developing and operating a commercial waste conversion facility in Midland, Texas. The Midland site is described as the company’s first commercial-scale waste-to-energy operation and also serves as its corporate headquarters. The property is approximately 3.7 to nearly four acres in size and is located in the Permian Basin, a major U.S. energy-producing region. The company highlights this location for its proximity to waste feedstock, fuel buyers, and energy infrastructure.
Business Model and Waste-to-Energy Operations
Waste Energy Corp states that it diverts and converts non-recyclable plastic and tire waste from landfills into marketable fuels and other valuable products. Across its disclosures, the company emphasizes outputs such as ultra-low sulfur diesel (ULSD), clean-burning fuels, carbon black, recovered carbon materials, syngas, and other renewable energy products. By processing waste streams that would otherwise be landfilled or incinerated, the company aims to create both environmental benefits and revenue-generating energy products.
The company references a flagship 15-ton-per-day waste conversion system at its Midland facility, with statements about plans to scale to higher daily tonnage over time. It has announced receiving its first shipment of feedstock for the Midland site and entering into its first feedstock agreement to secure post-consumer and industrial plastic and rubber waste. Management communications describe a feedstock model in which discarded plastics and tires can be sourced at low or no cost, sometimes with tipping fees paid to Waste Energy Corp for accepting the material.
Waste Energy Corp also notes that it has begun generating revenue and has reported multiple consecutive quarters of revenue growth as commercial operations begin. The company has highlighted achieving its first operating profit in its history and reports that its assets have increased as it invests in equipment integration, site infrastructure, and operational readiness at the Midland facility. At the same time, the company has undertaken debt reduction transactions, including agreements to reduce more than $1 million of debt through a combination of restructuring, forgiveness, and issuance of restricted common shares.
Technology Platform and Carbon Credit Automation
A central element of Waste Energy Corp’s strategy is its technology platform that combines waste conversion systems with data-driven carbon credit creation. The company describes its waste conversion technology as an advanced thermal or pyrolysis-based process that converts non-recyclable plastics and tires into clean-burning fuels, industrial carbon products, and syngas. It positions this technology as a way to address landfill diversion and create energy from materials that are otherwise difficult to recycle.
In addition, Waste Energy Corp has obtained patent-pending status for a system designed to automate carbon credit creation and emissions controls using blockchain and non-fungible tokens (NFTs). Company materials explain that this system is intended to integrate IoT sensors, AI-driven verification, and blockchain-based transaction records. Real-time operational data from waste conversion systems is captured, AI algorithms calculate verified emissions reductions, and each carbon credit is minted as a unique digital token containing its data history.
The company states that this approach is meant to address issues in carbon markets, such as human error, unverifiable claims, and double counting. By tying credits directly to operational data and recording them on blockchain infrastructure, Waste Energy Corp aims to provide traceable and tradable digital assets. It also notes that this technology could support a licensing opportunity for other operators, in addition to being used within its own facilities.
Midland, Texas Facility and Strategic Location
Waste Energy Corp emphasizes the strategic importance of its Midland, Texas facility. The company has announced that it signed a long-term lease with an option to purchase an industrial property in Midland, which later communications describe as a 3.7-acre site that serves as both its flagship waste-to-energy conversion site and corporate headquarters. Management highlights Midland’s position in the Permian Basin and characterizes Texas as a leading state in diesel generation, refining, and consumption.
The company notes that the Midland region offers pipeline, rail, and interstate access for both incoming waste feedstock and outgoing refined products. It also points to local demand for diesel fuel, including consumption by oil rigs in the Permian Basin, as a factor supporting its choice of location. Waste Energy Corp has engaged Cambridge Project Development, led by waste-to-energy specialist Leonard Enriquez, to assist with the build-out, engineering, and commissioning of the Midland site.
Press releases describe the Midland facility as designed to process waste plastics and tires and produce ultra-low sulfur diesel, carbon black, and other clean energy assets. The company has reported milestones such as taking possession of the site, securing feedstock supply, receiving initial feedstock deliveries, and progressing through installation and commissioning of its waste conversion system. Management communications characterize the transition from development-stage activities toward recurring revenue generation as a key inflection point.
Carbon Markets and Blockchain-Based Platform
Beyond physical fuel and material outputs, Waste Energy Corp is building a blockchain-based carbon credit automation and trading platform. The company states that its patent-pending system is intended to capture, verify, and monetize emissions data from its conversion systems in real time. Each verified ton of emissions reduction is to be tokenized and traded on a planned automated carbon credit creation marketplace.
According to company statements, this platform is designed to create a financial layer on top of physical waste conversion operations. By pairing waste diversion and fuel production with automated carbon credit generation, Waste Energy Corp aims to create additional revenue streams and environmental reporting capabilities. The company positions this as aligned with environmental, social, and governance (ESG) priorities and the broader carbon market.
Advisory Board and Sector Expertise
Waste Energy Corp has announced the formation and expansion of an advisory board that includes individuals with experience in waste-to-energy, tire recycling, and technology. For example, the company has appointed waste infrastructure specialist Leonard N. Enriquez, who has decades of experience in solid waste and waste-to-energy project development and previously held leadership roles in large environmental services organizations. It has also added waste tire industry veteran Rob Czukor, who has extensive experience in tire recycling, tire-derived carbon black markets, and rubber crumb applications.
Company communications also reference participation from individuals with backgrounds in blockchain and software engineering, as well as technology entrepreneurship. Management describes this advisory group as providing industry-specific knowledge, technical insight, and networks to support the company’s growth and project execution.
Capital Structure and Financial Positioning
Waste Energy Corp’s press releases discuss efforts to strengthen its balance sheet while scaling operations. The company has reported multiple quarters of revenue growth as it advances toward full-scale operations at Midland. It has also highlighted reductions in certain liabilities, improvements in asset-to-liability ratios, and transactions aimed at reducing debt through exchanges for restricted equity.
Management statements emphasize a focus on disciplined cost control and strategic spending, with the goal of supporting sustainable and profitable growth. The company has communicated that it is pursuing additional debt reduction initiatives and working to enhance financial flexibility as it invests in equipment, site infrastructure, and technology development.
Industry Context as Described by the Company
In its own materials, Waste Energy Corp describes the waste-to-energy and clean-energy sectors as large and growing markets. It notes that millions of pounds of non-recyclable plastics and tires end up in landfills each year and that there is demand for sustainable alternatives to landfilling and incineration. The company also references rising energy demand driven by data centers, electrification, and industrial growth, and positions its domestically produced fuel as a potential contributor to energy resilience.
Waste Energy Corp’s communications link its activities to broader themes of circular economy, landfill diversion, and carbon markets. By converting waste into fuels and recovered carbon products and pairing this with automated carbon credit creation, the company presents its business model as addressing both environmental challenges and energy needs.
Stock Information and Regulatory Status
Waste Energy Corp trades on the OTCQB market under the ticker symbol WAST. The company describes itself as a fully reporting SEC registrant and an SEC Exchange Act company. Investors are directed in company press releases to review its public filings with the Securities and Exchange Commission, including quarterly and annual reports, for detailed financial and risk information.