SCOTTSDALE, AZ and CALGARY, AB, May 30, 2014 /CNW/ - RDX Technologies Corporation ("RDX" or the "Company") (TSXV: RDX, OTCQX:
RGDEF, FSE:RL7), a water treatment and energy technology company, today makes public
its renewable fuel partnership with Omega Proteins.
For general release by Omega Protiens on May 29, 2014;
Transforming Waste Into Industrial Fuel
Omega Protein and RDX Technologies Replace Fossil Fuels with Renewable,
Low-Cost, Clean Diesel
A partnership between Omega Protein Corporation and RDX Technologies
Corporation demonstrates that environmentally-friendly industrial fuels
can be economically viable.
The nutritional company has reduced sulfur emissions by 80 percent and
greenhouse gas emissions by 85 percent at its Virginia facility since
transitioning from petroleum oil to a lower-cost renewable fuel derived
from everyday oils found in wastewater.
REEDVILLE, Va. - A successful partnership with Scottsdale, Ariz. based
energy company RDX Technologies Corporation is helping Omega Protein
Corporation cut energy costs, and decrease fossil fuel consumption by
up to 80 percent at their Reedville, Va., facility. The groundbreaking
new fuel source provided by RDX Technologies is an EPA-approved,
carbon-neutral Renewable Diesel Oil (RDO) made from everyday food and
cooking oils collected from wastewater. Since 2012, Omega Protein has
replaced over 3 million gallons of residual oil with RDO fuel,
decreasing the Reedville facility's sulfur emissions by 80 percent, and
lowering its greenhouse gas emissions by 85 percent.
"Omega Protein's dedication to waste reduction and sustainability has
found an ally in RDX Technologies and their Renewable Diesel Oil," says
Monty Deihl, Senior Director of Operations at Omega Protein. "By
transitioning away from fossil fuels, we've made breakthroughs in our
ability to operate even more sustainably, all while reducing costs and
Going forward, the two companies are working to further streamline the
program by developing a growing infrastructure to supply the renewable
fuel from local, in-state waste sources. Waste oils for RDO primarily
consist of soy, canola, and similar vegetable oils, but can include
additional sources such as animal fats and alcohols. These oils are
currently collected from wastewater discards all around the country,
but RDX Technologies is constructing a handful of new fuel plants in
Virginia to eventually source and ship Omega Protein's renewable oil
entirely in-state. This will bring new jobs to Virginia, decrease area
landfill, and curtail transportation costs and pollution.
The growing partnership also means more savings for Virginia
communities. Each year in the United States, around six billion gallons
of these recyclable oils are dumped into sewage systems and end up
solidified in landfills. Besides being wasteful, this is an expensive
process for many businesses, which have to pay disposal fees, and for
local municipalities, which are then tasked with costly water
treatment. RDX Technologies collects these wastewater oils before they
are processed, which saves unneeded energy and expenses for Virginia
businesses and communities.
"This is the future of renewables," says Dennis M. Danzik, CEO of RDX
Technologies. "Every restaurant, university, hospital, high rise
buildings… they are all oil wells to us."
For Omega Protein, the benefits of RDO have been economically and
environmentally rewarding. Since RDO is derived from waste, it sells
for less than the residual oil previously used by Omega Protein's
Reedville plant, while providing substantial environmental advantages.
RDO has a 98 percent lower sulfur content, produces 58 to 80 percent
lower greenhouse gas emissions, and generates up to 60 percent lower
carbon emissions than the previously used non-renewable residual oil.
It also burns cleaner, releasing no benzene - a known airborne
carcinogen found in fossil fuels. Throughout this transition, Omega has
advanced the company's environmental goals while improving their
bottom-line: a remarkable win-win scenario.
The partnership is truly mutual. RDX Technologies and Omega Protein were
both instrumental in the coordinated establishment of a working RDO
supply chain for Omega Protein's Reedville plant, which enabled the
swift transition to this cost-effective, and environmentally friendly
About Omega Protein: Omega Protein Corporation (NYSE: OME) is a century old nutritional
company that develops, produces and delivers healthy products
throughout the world to improve the nutritional integrity of functional
foods, dietary supplements and animal feeds. Omega Protein's mission is
to help people lead healthier lives with better nutrition through
sustainably sourced ingredients such as highly-refined omega-3 rich
fish oil, specialty proteins and nutraceuticals.
About RDX Technologies: RDX Technologies Corporation is an energy and water treatment
technology company. The Company is applying proprietary technology to
refine liquid fuels from materials mined from waste water generated
from industrial and commercial sources. These markets include a wide
variety of clients across a broad spectrum of industries. The Company
trades on the TSX Venture Exchange under the symbol "RDX", the OTCQX as
"RGDEF" and the Frankfurt Stock Exchange as "RL7″.
For more information, please contact Ben Landry, Omega Protein Director
of Public Affairs, at (713) 940-6183 or firstname.lastname@example.org
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE: RDX Technologies Corporation
For further information:
David Waldman at Crescendo Communications