Michael Molen Announces Vega Biofuels signs deal with Hunt, Guillot & Associates for bio-coal plant News By NS Energy Staff Writer 24 May 2011 Vega Biofuels has signed an agreement with US-based engineering services firm Hunt, Guillot & Associates (HGA). Vega will build a manufacturing plant in Cordele, Georgia, that when completed will produce green energy bio-coal for use in existing coal fired power plants globally. As per the deal, HGA will provide various services and personnel to Vega, including plant design, project management, and engineering services. HGA is a project management and engineering services company providing cost-effective projects and services to a wide range of indu...
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Michael Molen Announces Vega Biofuels to produce bio-coal using industrial hemp as feedstock News By NS Energy Staff Writer 19 Mar 2015 Vega Biofuels has partnered with Vencor International to produce green energy bio-coal using industrial hemp as feedstock. The company currently produces bio-coal, a green energy alternative to traditional coal, using timber waste as feedstock. With a high energy density of up to 13,000 BTUs/lb, the company’s bio-coal is said to comply with the renewable portfolio standards and renewable energy credits (RECs) in the US. Under the latest deal, Vencor will supply bio-coal samples made using industrial hemp. Vega will test the samples for ash, sulphur and volatile conten...
Michael Molen Announces Vega Biofuels increases production capacity Published by Francesca Brindle , Editorial Assistant Hydrocarbon Engineering , Thursday, 10 November 2016 10:55 Vega Biofuels, Inc. (the company), has announced that the construction of the company's fourth generation torrefaction machine has been completed and includes a pre-dryer to speed up production time. Torrefaction is a special process technology that converts timber into a renewable energy alternativ...
Michael Molen and Vega Biofuels, Inc. Releases Extensive Evaluation Report Conducted on Its Bio-Coal Energy Product December 15, 2016 14:29 ET | Source: Vega Biofuels NORCROSS, GA--(Marketwired - Dec 15, 2016) - Vega Biofuels, Inc. ( OTC PINK : VGPR ), today announced a successful evaluation of the Company's Bio-Coal product was recently completed by Western Research Institute at the request of a large domestic utility company. The results confirmed that Vega's Bio-Coal product can be used to replace traditional coal in coal-fired power plants. Bio-Coal is a renewable energy product made from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions. Vega Biofuels, Inc. recentl...
Michael Molen Announces Vega Biofuels Fielding Offers from Cannabis Related Businesses Wednesday, 31 October 2018 09:45 Vega Biofuels, Inc. Share this Article Topic: NORCROSS, GA / ACCESSWIRE / October 31, 2018 / Vega Biofuels, Inc. (OTC PINK: VGPR) announced today that the Company's management team has been in contact with several private cannabis industry related companies concerning potential mergers and/or acquisitions. ''In an effort to capitalize on the interest surrounding the legal cannabis industry and provide additional value to our shareholders, we are in discussions with a handful of companies related to that industry about potential mergers and/or acquisitions. These are companies that provide services and support to the cannabis industry as well as companies that manage retail cannabis businesses throughout the United States,'' stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. ''We've spent the past few months reor...
Michael Molen Announces Vega Biofuels to produce torrefied products from hemp December 10, 2015 By Marketwired December 10, 2015 - Vega Biofuels, Inc. announced today that it has placed an order for torrefaction equipment to manufacture green-energy products from industrial hemp. Vega recently announced a joint venture with The NOW Corporation to test industrial hemp as a feed stock to produce various green energy products using torrefaction technology owned by Vega. The Now Corporation’s recent acquisition of Field Of Greens owning 650 acres in Colorado prepares it for the growing of hemp and development and commercialization of new innovative technology, products, services, and systems for the alternative energy sector. Vega committed to provide one torrefaction machine to the JV through its exclusive agreement with Virginia based, Nexgen Industries. The machine has no...
Michael Molen Shares Vega Biofuels Named Key Player in Global Biochar Market Industry Analysis Business News/Analysis Carbon Capture/Storage/Use Co-Products Farming/Growing Georgia Infrastructure Marketing/Market Forces and Sales R & D Focus Sustainability December 15, 2014 Print This Article Share it With Friends (Vega Biofuels/Stock News Now/MarketWired) Biochar Market to Be Valued at $572 Millio...