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Questor Technologies sells Heat to Power Generator to Recycling Industry

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With headquarters in Calgary, Alberta, and field hubs across North America, Questor specializes in the clean combustion of waste gases, methane, Volatile Organic Compounds, Hazardous Air Pollutants and carcinogenic compounds, addressing air quality and Green House Gas emissions.

Additional Information:

Company: Questor Technologies
Website: http://www.QuestorTech.com
Stock Symbol: TSXV:QST
Date Published: Jul 30, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Questor Technology has sold a Heat to Power Generator to a new client outside its traditional oil and gas sector.

Glass WRX SC, an advanced materials company, specializes in the production of next generation engineered aggregates from recycled materials.

Glass WRX SC’s North Charleston facility collects post-consumer and industrial waste glass and recyclables destined for a landfill, making products like countertops, shower walls and fireplace and pool surrounds.

The 200 kW Heat to Power Generator will convert waste heat from the Glass WRX processes into enough renewable, emissions free electric power to satisfy the majority of the plants’ electrical requirements.

This waste heat would otherwise be vented to the atmosphere as an unused resource.

The emission free power from the ClearPower generator will offset approximately 592 tons of Carbon emissions per year which is the equivalent of taking 130 cars off the road.

Audrey Mascarenhas, President and CEO, stated: “I am pleased with the progress the Questor team is making in diversifying our markets. We are looking forward to supporting clients in the management of their waste gas streams and deploying our standalone waste heat to power technology to support energy efficiency.”

This is the company’s second project outside of oil and gas industry, with the first project being a biogas conditioning system in Colorado which uses Questor’s clean combustion technology to safely and cleanly handle the waste gas stream leftover after the renewable natural gas is extracted from the produced waste gas stream at the water treatment plant.

With headquarters in Calgary, Alberta, and field hubs across North America, Questor specializes in the clean combustion of waste gases, methane, Volatile Organic Compounds, Hazardous Air Pollutants and carcinogenic compounds, addressing air quality and Green House Gas emissions.

The hot exit gases from the stacks are clean and readily utilized for use in other process improvements, such as utility heat, power generation and waste water purification.

Questor also provides field services to maintain these stacks for its customers.

The shares are trading at $1.48.

For more information, please visit the company’s website at www.QuestorTech.com, contact Audrey Mascarenhas, President and CEO, at 403-571-1530 or email aMascarenhas@QuestorTech.com.

I’m Cassandra Bolinski for Investmentpitch Media