Vencor International Introduces First Torrefaction

New Post Public Reply Private Reply Replies (1) Message Board
Jerseyfish

Vencor International Introduces First Torrefaction Machine
01/29/2015
headerimage.img.jpg

BOULDER, CO--(Marketwired - Jan 29, 2015) - VENCOR INTERNATIONAL, INC. (OTC PINK: VCOR) announced today that the first torrefaction unit utilizing recently acquired technology has been completed and is now online.

The machine pictured here is the first of its kind and is now online and capable of producing 30,000 tons of torrefied wood annually. Vencor's Business Plan includes several of the machines operating at full capacity to meet the growing demand for its products. As a result of the Company's recent acquisition of torrefaction technology, the machines manufactured by Virginia based, Torretherm, LLC are produced for a fraction of the cost of other machines with similar capabilities. The reduced cost of the machines allows Vencor to manufacture its torrefied wood products at a price necessary to compete in the alternative energy marketplace.

Vencor International is in the business of providing torrefied wood products to customers around the world. Torrefied wood is made from timber field waste using a process called torrefaction. Torrefied wood is a renewable energy source that can replace traditional coal in coal-fired power plants around the world.

James Gaspard, CEO of Vencor International, Inc., stated, "We are pleased to have the first machine completed and in operation. Our plan is to have three of these machines operating during 2015. We are now moving very aggressively to capture as much business as possible and we couldn't have done it without the Torretherm machine. We recently announced that we have received a Purchase Order to produce 3,000 tons of torrefied wood called Bio-coal. This order will be produced using the new machine. We are always looking for ways to trim our costs in order to compete with other renewable energy products. The money saved in capital expenditures will be used to maximize production in order to complete the orders that we have in hand. This machine is capable of generating approximately $4 million dollars in annual revenue for us. We will be placing an order for our second machine in the next few weeks."

For more information about Vencor International, Inc., visit the Company's corporate website: vencorintl.com.

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "plan," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.

CONTACT:
Vencor International, Inc.
303-476-9998
Email Contact
vencorintl.com
@vencorintl
Scroll down for more posts ▼

Top 10 Most Recent News Articles

PJM Prepares to Tackle Winter Power Demands

Updated Category News Views 97

Eyeing the Season Ahead The chill in the air isn't just meteorological; there's a business note to notice every winter in PJM's sprawling territory. With power supplies robust yet stretched thin, PJM is bracing to navigate another demanding cold season. They’ve announced they have 182,426 MW of operational capacity nipping at the heels of a projected peak demand of...

Continue Reading
Upright Proton Therapy: New Era for Cancer Care

Updated Category News Views 129

BayCare's Bold Step into Upright Proton Therapy Here's a twist for you—BayCare Health System has rolled out something that's genuinely pushing the envelope in cancer treatment. They've treated their first patient with an upright proton therapy system. Now, talk about innovation that shakes things up. This isn't just any old upgrade; it's a complete revamp of how proton...

Continue Reading
Core Natural Resources Strikes Gold in Q3, Surpassing Targets

Updated Category News Views 159

Core's Strong Q3: A Closer Look The latest buzz in the coal sector is all about Core Natural Resources, Inc. (NYSE: CNR) delivering a sturdy third quarter performance. These folks are playing the market like a fiddle, dishing out $9 million in net income and clocking $165.2 million in adjusted EBITDA. For a sector rife with dust and sweat, that's not too shabby. A Closer...

Continue Reading
AiNET Prevails in Breach of Contract Jury Verdict

Updated Category News Views 44

AiNET's Legal Triumph Shakes Up the IT Sector Well, talk about a courtroom drama. Greenberg Traurig just snagged a big win for AiNET over in Prince George's County, Maryland, and it's a classic reminder that due diligence isn't just a nice-to-have—it's a must. AiNET found itself in the center of a breach of contract brawl with Tech Finance Co., and guess what? The jury...

Continue Reading
New Congressional Guide Aims to Aid Companies' Strategies

Updated Category News Views 151

Fresh Faces, New Dynamics: Navigating the 120th Congress Wake up and smell the Capitol Hill grind, folks. We've got the 120th Congress on our hands, brimming with fresh faces and a colossal shift in the political landscape. Thanks to our pals at Marathon Strategies, we've been thrown a bone with 'Meet The Freshmen'—a nonpartisan rundown of the latest political...

Continue Reading
MoonPie's Commemorative Box Honors Troops with USO Support

Updated Category News Views 55

MoonPie Honors Heroes with Sweet Tribute Kid you not, MoonPie decided to mix cinematic nostalgia with a dash of patriotism, baking it all into a limited-edition box set that’s hitting the shelves in tandem with the biographical flick 'Jimmy.' This movie highlights the iconic actor Jimmy Stewart, who left his Hollywood glamour to serve in World War II. And guess what?...

Continue Reading
Coinhub Funded's Bold Move in Trading World

Updated Category News Views 49

A New Name in the Trading Game Right out of Charlestown, Saint Kitts and Nevis, Coinhub Funded is making waves in the crypto prop trading world, and boy, they're not pulling any punches. They've just thrown their hat in the ring with a tantalizing offer: get your hands on a funded trading account up to $200K, and if that's not enough to get your pulse racing, they've got...

Continue Reading
AI in Healthcare: Real Results Unveiled at HLTH 2026

Updated Category News Views 122

Transforming Healthcare with AI The landscape of healthcare is constantly evolving, and this time, we're diving deep into how AI is shaking things up. MCG Health and Telligen, both heavyweights in the health sector, are stepping into the limelight at the HLTH 2026 conference. This ain't just any run-of-the-mill presentation; it's where the rubber meets the road in...

Continue Reading
Willig, Williams & Davidson Snags 2027 Best Law Firm Ranks

Updated Category News Views 113

A Legal Behemoth With A Winning Streak Stirring the pot in the legal world once again, Willig, Williams & Davidson stands tall, garnering praise in the 2027 'Best Law Firms'. This outfit isn't just another suit in the game. With roots deep in labor, employment, and family law, they went ahead and snagged prestigious national and metro-level rankings. Now, I've chewed...

Continue Reading
Empower Brokerage Draws Talent to North Texas Job Fair

Updated Category News Views 147

Shakeup at the North Texas Job Fair Slinging insurance ain't everyone's dream gig, but some folks find their calling where money meets meaning. The North Texas Job Fair, already known for its heavy foot traffic, saw a unique player strutting their stuff this year—Empower Brokerage. This family-owned insurance agency wasn't just slinging corporate pitch; they offered a...

Continue Reading

Top 5 Most Recently Viewed Articles

Essential Tools for Dads This Father's Day at GARVEE.com

Updated Category News Views 345

Essential Tools for Dads This Father's Day at GARVEE.com Every dad has that unique ability to tackle projects around the house, no matter how challenging they may be. If you know a dad who delights in fixing things and enjoys DIY endeavors, GARVEE.com presents a fantastic selection of gifts for Father's Day. This is the time to honor the dads who continuously improve...

Continue Reading
Sal Longo's Strategic Move: Leading Zing Green Products Forward

Updated Category News Views 355

Sal Longo's Strategic Acquisition of Zing Green Products Sal Longo, known for his leadership at Northern Safety Company, has taken an exciting step by acquiring Zing Green Products. This dynamic firm specializes in sustainable safety solutions, marking a significant evolution in Longo's career. Zing Green Products began as a consulting service established by Tom Prinzing...

Continue Reading
Adapting to Change: The Rise of PayTechs Over Traditional Banks

Updated Category News Views 344

The Shift to PayTechs and Its Impact on Banks In today's rapidly evolving financial landscape, small and mid-sized merchant businesses are increasingly seeking alternatives to traditional banking options. A recent survey reveals that around 40% of these businesses are considering a shift to PayTech companies, which are digital-first firms created specifically to handle...

Continue Reading
PayPoint's Strategic Initiative: Share Repurchase Details Inside

Updated Category News Views 186

Introduction to PayPoint's Share Acquisition PayPoint plc has recently made a significant move in its corporate strategies by repurchasing a considerable number of its ordinary shares. This initiative represents a proactive approach to managing its share capital and improving shareholder value. Details of the Share Purchase The company reported the acquisition of 9,620...

Continue Reading
Hepsiburada's Strategic Growth Through Asset-Backed Securities

Updated Category News Views 143

Hepsiburada's Latest Financial Initiative Hepsiburada, a prominent name in Turkish e-commerce, is making waves with its recent financial decision. The company announced the completion of its fourth issuance of asset-backed securities, amounting to TRY 500 million. This move underscores the company's commitment to leveraging innovative financial strategies to drive its...

Continue Reading