SCOTTSDALE, AZ and
CALGARY, AB, May 30, 2014 /PRNewswire/ - 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 improving efficiency."
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 alternative.
###
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.
Website: www.omegaprotein.com
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″.
Website: www.rdxh2o.com
For more information, please contact Ben Landry, Omega Protein Director of Public
Affairs, at (713) 940-6183 or blandry@omegaprotein.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
danzikdirect@rdxh2o.com
"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 or achievements."
SOURCE RDX Technologies Corporation