Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $52 MCD Stock price at time of publication: 0.20 CAD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
Environmental Waste International announced today that the Ministry of the Environment, Conservation and Parks (“MECP”) has approved the Company’s proposal to increase the maximum amount of tire waste that can be treated at its Sault Ste. Marie (“SSM”) facility to 20 tonnes per day, double the 10 tonnes per day it had previously approved.
The commercialization of the SSM facility being undertaken by EWS’ will be increased to 20 tonnes per day, substantially increasing its profit potential. EWS had successfully run the SSM plant as a demonstration and R&D facility for five years prior to the Company’s submission to the MECP. The plant, using the EWS’ patented microwave technology, will process end of life tires producing recycled carbon black, oil, steel and syn gas in an environmentally friendly manner. The high-quality carbon black is used as a replacement for virgin carbon black in plastic and rubber products. The oil and steel are utilized as raw feedstock, offsetting the requirement for new virgin materials. The syn gas provides energy for the plant. Tire recycling plants using EWS’ technology do not require tipping fees, carbon credits or other government support to generate a compelling ROI.
Bob MacBean, EWS CEO said “This approval along with the engineering work and the actual physical work within the plant already completed is showing continued progress of the upgrade process. Our proprietary technology provides a solution to a worldwide environmental waste problem while generating attractive financial returns. We believe the commercialization of our Sault Ste. Marie facility can further solidify EWS’ technology as the market-leading solution.” ESG Comment: Today’s announcement is a big step for EWI as there have been some concerns in the past if they would be able to obtain approval for their intended doubling of production capacity at the Sault Ste. Marie facility . We are pleased and relieved to see that all environmental permits for the expansion and commercial plans have been approved. We have also seen significant insider buying in EWI this summer from several management leaders including the CEO Bob McBean which we interpret as a bullish signal.
Legal Disclaimer:
We own shares of this company personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $52 MCD Stock price at time of publication: 0.205 AD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
Environmental Waste International ) announces that as of June 1, 2021 it added two key team members to enhance the Company’s capabilities as it moves into the execution phase of previously announced commercial projects.
Shafique Chowdhury P.Eng., PMP joined EWS. As Project Manager he will be responsible for the execution of EWS projects in Canada and Europe. Shafique has over 18 years of experience in a variety of engineering and project management roles at manufacturing, heavy industry and mining facilities in Asia, Europe and North America.
He has a Master of Engineering (M.Eng.) degree in Manufacturing, Design & Management from the University of Toronto and a master’s certificate in Project Management from the Schulich School of Business, York University, ON Canada.
Caleb Cond P.Eng., joined EWS as the Company’s senior Electrical Engineer. He will be responsible for the electrical systems design in all of the Company’s plants going forward. Caleb has over 18 years of experience in similar environments and has assisted the Company from time to time over the last 10 years at its full-scale pilot plant in Sault Ste. Marie Ontario and at the Company’s facility at the US Department of Agriculture.
Caleb has a B.A. Sc., Electrical Engineering (Honours) from the University of Ottawa with a specialist focus on Systems Engineering.
Steve Kantor, the Company’s Chief Technology Officer, said “These are key additions to the EWS engineering team and bring the skills, experience and hands on knowledge that will ensure we are able to fulfill our obligations to our customers and seize on our opportunities for our shareholders. Their experience will be a significant factor in executing EWS’ strategic plan and will help the Company to fulfill the commercial potential of its technology.”
We own shares of this company personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
It’s been a while since we last gave an update on our ESG portfolio. Since our last update we have been active in our reallocation of funds. New additions have been made and old positions have left our portfolio. Moving forward we will aim to update our readers on our portfolio atleast once a month, more often than so if changes are made to the portfolio. We have decided to concentrate our portfolio as it was too diversified previously.
Below you will find a list of our updated portfolio . New additions will have the (NEW!) symbol next to it and will be marked in bold style. To simplify for our readers we have also made a short list of all the positions we’ve sold with a short explanation.
Newlox Gold has implemented a unique, environmentally friendly and socially responsible process to profitably produce gold. There will be a comprehensive analysis on this company within the next month. Newlox Gold has identified a lucrative yet neglected niche within the precious metals industry and has commissioned it’s first high-grade, low-cost gold producing plant in Latin America. Newlox focuses on the re-processing and remediation of artisanal tailings and toll milling of artisanally mined ore; a strategy which results in very high margin operations while delivering environmental and social benefits to local stakeholders. We will be doing a bigger analysis on this company in the coming months.
Char Technologies – (NEW!) Tickers: YES , CTRNF Listings: TSX venture and US OTC
Char Technologies is the leading cleantech and environmental services company when it comes to converting woody materials and organic waste into renewable gases (RNG), hydrogen and biocarbon. Char technologies is converting challenging organic streams into greenhouse gas neutral biocoal, second generation Renewable Natural Gas”(RNG)” and hydrogen. You can find our extensive analysis of the company here .
Desert Control offers the solution that can revolutionise the war against desertification which is one of humanity’s greatest challenges since every year millions of people become climate refugees due to infertile lands. The patented product Liquid Nano Clay (LNC) from Desert Control can turn desert sand into fertile soil in less than 7 hours. A process which previously has taken between 7 and 12 years. This is a true game-changer. Desert Controls product offers a strong value proposition for customers with short payback times. Their LNC product reduces water consumption up to 50% and increases crop yields up to 62%. Payback times for customers on water consumption alone is expected between 1-2 years. Changing desert to the green land also reduces CO2 emissions by between 15 – 25 tons/hectare annually. We will be doing an extensive analysis on this company in the coming months.
Absolicon is our only exposure to the solar and thermal heating industry. We’ve previously written an extensive analysis on the company which you can find here . The company has recently raised 6 million USD in funds for its rapid international expansion. Since our analysis the company has signed an additional two framework agreements and also started a massive collaboration with the billion dollar company ABB for international sales and support. The company also has ongoing customer discussions with 10 of the world’s 20 largest beverage producers. We believe its only a matter of time before the “ketchup effect” is visible in Absolicon’s sales pipeline.
Earthrenew – (NEW!) Ticker: ERTH / VVIVF Listings: CSE Canada and US OTC
Earthrenew is a very exciting addition to the ESGFIRE portfolio on which we will be doing an extensive analysis on in the coming months. Earthrenews patented thermal processing technology transforms livestock manure into a powerful, all-natural organic fertilizer that promotes plant growth and restores soil health.This means, in simple terms, that farmers which use Earthrenew products not only get higher yields by 20-40 % on their crops but it also enables for the soil to sequester(store) more carbon. Studies have also shown that farmers who use this fertilizer on average saves the climate for aproximately 1 tonne of carbondioxiode for each tonne used compared to chemial fertilizer. The best part of the equation is the product is priced at the same level as chemical fertilizer and with possible carbon credits the products is actually cheaper. No wonder the company is sold out completely for 2021! The company’s plan is to increase their output to 400 000 tonnes by 2024-25 equalling revenues of about 140 million CAD.
Stockwik ESG Comment: We took profits on this company since it’s been in our holdings since early 2018. After 800 % returns we decided the time had come to realize our profits.
Enzymatica ESG comment: We left this position since we feel the company needs time to grow into its evaluation after the latest disapointing financial reports.
Thermal Energy international ESG comment: Temporary exit since we’ve found other better risk/reward positions at the moment.
Blue Bird Corp ESG comment: Exit due to better risk/reward in the EV sector with Vicinity Motors Corp.
Fusion Fuel and Hydrogenpro ESG comment: Temporary exit since there has been heavy selling pressure on the hydrogen sector. There is also a strong price pressure on hydrogen as a commodity therefore we are currently evaluating our exposure to the hydrogen market.
We hope you enjoyed our portfolio update and don’t forget to subscribe to always stay ahead of the herd as we always aim to give our subscribers a head start before we release our blog posts on our other social media channels!
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $74 MCD Stock price at time of publication: 0.30 CAD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
The company issued the following statement with the press release:
“We chose to raise a modest amount of working capital to accelerate the commercial-scale deployment of our proprietary technology. Our previously announced partnerships for development of plants in Canada and Europe are proceeding in a timely manner, so we feel it is prudent to expand our execution capabilities accordingly,” stated EWS CEO Bob MacBean
ESG comment: This is an extremely promising step that further strengthens the partnership between Windspace and EWI . EWI is on a path to a breakthrough year and currently has 5 planned facilities in Europe and Canada.It’s also very impressive that the financing was done without the need to pay any fees!
Legal Disclaimer:
I own shares of this company personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. My posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying me for content posted on this blog.
Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $82 MCD Stock price at time of publication: 0.33 CAD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
One of our biggest holdings , EWI, today announced that they have received an additional $600.000 investment from their Joint Venture partner Torreco Inc. The payment is part of the $7 million investment which has been agreed on with Torreco Inc.
The press release stated ” Torreco has now invested $1 million and owns 10% of Ellsin. It is committed to investing an additional $6 million over the next four months. After investing $7 million, Torreco will own 70% of Ellsin; EWS will retain 30%. The $7 million will be used to expand and modernize this state-of-the-art plant utilizing EWS’s latest technology. EWS will receive a royalty of 6% of revenues, and the facility will be available for demonstration to potential EWS customers throughout the world.”
The Joint Venture partner Torreco has in return to to this investment opportunity agreed to build three additional waste tire facilities in Ontario over the next five years and will retian exclusive rights for Ontario if they live up to this comittment.
ESG comment: It’s very positive and promising that Joint Venture partner Torreco inc has continued to show their serious comittment to the development of the first full scale plant of the unique and patented reverese polymerization technology of EWI. In my opinion this facility, when ready, will contribute massively towards a global rollout of EWI technology for tire recycling customers worldwide. In total there are now 5 EWI facilities planned to be built: 4 in Canada by Joint Venture partner Torreco Inc and one by the EWI customer Windspace/Elysium in Denmark, Europe.
I own shares in this company personally andthis is not to be considered financial advise neither are my opinions to be considered recommendations of any kind, always do your own research !
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Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $85 MCD Stock price at time of publication: 0.34 CAD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
The share price of Environmental Waste International dropped sharply ,and at first glance unexplainably, on 23/3 2021 despite great news on 22/3 2021 about a Joint Venture which would enable the company to gain its first commercial facility in Ontario by way of a 10 million CAD investment by Joint Venture partner Torreco. With 3 additional plants commited by Torreco, the commercial plant being finalized in Sault Ste Marie, Ontario and the Nyborg plant about to be built by Windspace in Denmark EWS as of now has 5 facilities planned.
I’ve read this article several times, and found that it is seriously imbalanced and selectively chooses information to report on. I verified some information which I would like to report:
-The article talks about the emissions from the factory and fails to report that the total Carbon Dioxide emission equivalent from the factory is the same as the CO2e generated from two typical households.
-The article mentions the noise pollution and fails to highlight that the factory is located in an industrial area that is close to Algoma Steel factory.
-The article bundles the EWS technology with thermal treatment of tires (including pyrolysis), which is not fair. As shown in a very good article from Seekingalpha , the technology here is far more environmentally friendly compared to other “thermal treatment of tires”.
-The article does not address the problems associated with not recycling the tires; an article about tire recycling that does not address these problems, IMHO, is not a balanced one.
-The article mentions the storage of the tires, and fails to confirm that the tires will be stored in shredded format, which is far more environmentally friendly than the traditional storage of tires.
-The article also fails to report that the emissions from producing the raw material from tires using the EWS technology is 70% less that the emissions of producing the same material in virgin form.
As a result of this I decided to add to my position after this drop. I believe EWS has a very very bright future with many announcements to come shortly as I also explained in my recent article on this company.
I own shares in this company personally andthis is not to be considered financial advise, always do your own research!
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Company: Environmental waste international Listings :TSXV , US OTC Ticker: $EWS $YEWTF Market cap at time of publication: $85 MCD Stock price at time of publication: 0.34 CAD Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Website: https://www.ewi.ca/
My analysis is that the market has seriously misjudged the Joint Venture partnership just announced as if EWS had negotitated from a position of weakness and is selling their test plant for pennies on the dollar. The actual situation as I interpret it could not be further from the truth.
The EWS business model is clearly built around reccuring revenues. Their plan is is of course to make money on each plant sold but the real and long term revenue is from a never ending royalty streams from each plant.With 3 additional plants commited by Torreco, the commercial plant being finalized in Sault Ste Marie, Ontario and the Nyborg plant about to be built by Windspace in Denmark EWS as of now has 5 facilities planned. Ongoing client discussions with other clients in are likely to be announced by the company sooner rather than later judging by the latest management discussion ” EWI is currently working on a number of plant sales with both public and private entities in Canada, Australia, the UK, Nepal, India, Denmark and Italy. The Company is also evaluating a number of potential partners in China.”
Joint venture with Torreco
In the press release you can read between the lines that the price of 7 million CAD is lower than it normally woud have been due to the fact that Torreco is committing to building three additonal plants. If instead EWS had raised the 7 million CAD which is now being invested by their Joint Venture partner Torreco it would first of all have been time consuming and secondly it would have caused a large dilution. I strongly beleive that EWS will have a lot easier time selling and signing more multi million dollar contracts by having a commercial facility in the own backyard built by their own engineers. What can also be read between the lines of the press release in the Joint Venture agreement is that EWS will be able to use the facility as a demonstration point for new prospective customers and clients
The first commercial facility will also be operational a lot sooner than the plant being built by EWS customer Windspace in Nyborg. My estimate is that EWS by choosing to sell their test plant at a reduced price to Torreco will save between 12-18 months of time and will have the Sault Ste Marie, Ontario commercial facility up and running in between 8-12 months. So instead of having to fly over to Europe for customer demonstrations EWS will now have a working commercial demonstration facility which they will still own 30 % in and get royalty payments withi driving distance of their main office.
Current debt situation of EWI Thanks to the joint venture Torreco will be consolidating all the debt of the subsidiary Ellsin Environmental Ltd . I expect that this should substantially improve the EWS balance sheet and This will put the company in a very strong financial situation.
ESG conclusion: EWS has a very exciting time ahead and the current pressure on the share price is a good entry point for anyone contemplating of taking a position in the company. I’m also expecting an update from the company shortly about ongoing customer and prospect activities. EWS is a 15 year in the making overnight success (ironically speaking) and has its most exciting growth in the near future.
I own shares in this company personally andthis is not to be considered financial advise, always do your own research!
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The past week was a great comeback for the ESG portfolio and growth stocks. After losing almost 15 % the week before the portfolio soared back 26 %. An exception last week was that the performance was evenly split between several stocks and not just credited to Cielo Waste Solutions. Environmental Waste International had a great performance alongside Grande West Transportation. Personally I think all mentioned stocks remain attractively valued. As you can see in the picture above the portfolio is now at an ATH with both total value and performance higher than before the 10 year yield “crisis” which spooked many investors the past few weeks. For those of you who read my post about the market turbulence you will recall that I did not sell or reallocate my positions since I was pretty sure the yield curve turbulence was a temporary fluke.
The 10 year yield “ghost”
I still believe the yield curv “ghost” might come back to haunt growth stocks when and if the US 10 year yield continues to climb but this should hardly be a cause for concern and unless you’re a trader or have very low risk/volatility tolerance I don’t see any cause for preemptive action. Some believe there wont be peace in the markets until the 10 year yield hits 2 %. This turbulence makes it even more important to “know what you own” . The more you know what you own the higher conviction you can have during market turbulence which is exactly what helped me remain calm during the latest yield turbulence.
Graphic of the US 10 year yield below
Conclusions
Was this market turbulence stressfull for me ? Yes! Did it test my conviction ? Most certainly YES! But knowing what you own and making your own mind about what your portfolio company’s potential and value is will help you remain calm. As a friend of mine who is the author of the book “stock market psychology”usually says “ Activate system 2 ! This means using your reflective thinking”. Most people will only act with primal instincts during crisis which means the brain tells you to “survive at any cost”. This survival instinct often materialises as an action to sell all your stocks in panic so you can “save what can be saved”. As a disclaimer and exception however it must also be said that every situation is unique and there is no general rule that can be applied to all market conditions.
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This is not to be considered financial advise, always do your own research!
Cielo Waste Solutions Ticker: CMC.CN / CWSFF Listings: Canadian Securitites Exchange / US OTC Website:https://www.cielows.com/ Market Cap: 340 MCAD at time of posting Share price: 0.99 CAD at time of posting
Our biggest portfolio holding Cielo Waste Solutions today (3/3 2021) announced that they have acquired an interest FREE loan of 10 million CAD which will be used to buy a site near Edmonton Alberta for Cielo’s planned 100 % owned waste to high grade renewable fuel facility (“Edmonton Facility”). The factory will be able to generate annual revenues of 55 million CAD once completed. Cielo writes the following in the press release:
“This marks the beginning of Cielo’s expansion plans which is ahead of its previous schedule. Cielo will have the discretion to use the balance of the funds as needed, for working capital purposes, and to repay in whole or in part Cielo’s largest secured lender, which is currently owed approximately CDN$3.8 Million. “
The terms for the 12 month loan are impressive for a company of Cielos size, no interest is payed and the loan may only be converted into shares at a price per share of 1.02 CAD . Also Cielo has the right to repay the loan at any time during the 12 month agreement. The only drawback is that Cielo is required to pay a transaction fee of 700 000 CAD and also commission to a third party amounting to 800 000 CAD.
Cielo comments on this transaction in the press release: “Cielo believes these fees and commissions are well in line with industry standards and eliminate high interest payments and saves Cielo millions in debt payments without significant dilution of the company shares with an exceptional conversion strike price.”
CEO of Cielo Don Allan Comments on the transaction:
“To be able to purchase this land for cash and no mortgage allows Cielo the ability to choose numerous options to raise the $50 million for the construction of this facility and the extra money required to prepare the land. The plant will initially be engineered to produce annually approximately 33 million liters of high-grade renewable diesel which at todays prices is approximately CDN$55 million in annual revenues. The land is large enough to allow for multiple expansions. Cielo is having an amazing start to 2021 and is poised to continue strong growth on all fronts.” I certainly agree with the statement from CEO Don Allan And Cielo confidently remains our largest portfolio position by a far. Cielo is one step closer to becoming a multi million dollar business.
Company: Environmental waste international Ticker: $EWS Listing :TSXV MCAP: 47 M$ Business: Tyre and waste recycling through reverse polymerization TAM Market size: 158 billion $ Comparable peer : Scandinavian Enviro systems $SES Upside to peer evaluation: 429 % Website: https://www.ewi.ca/ Stock price at time of writing: 0.24 CAD
Upcoming catalysts: -EWS is currently working on a number of plant sales with both public and private entities in Canada, Australia, the UK, Nepal, India, Denmark and Italy. The Company is also evaluating a number of potential partners in China. ( see sources below) -Improved investment relations strategy
Environmental Waste International (EWI)has developed a patented ground breaking recycling technology for the latest 15 years which is now about to become commercially viable. I have written about this company before on my twitter page but I wanted to give a brief introduction to the company here for you fellow blog readers.
EWS develops environmentally friendly products for waste treatment and disposal. Its predominant focus is on recycling waste rubber, primarily tires, into valuable by-products which can be sold and reused.The Company has built a full-scale Pilot Plant Tire System.
The system breaks the molecular bonds in tires and other rubber products, reducing them to their base components of carbon black, steel and hydrocarbon vapors. An off- gas system processes the vapors to recover the oil, the remaining gas is used as fuel for the plant .Governments and industries worldwide recognize the need for technology to deal with the processing, treatment and eventual disposal or recycling of tires and other waste rubber products in a environmentally safe manner. EWS provides unique and effective solutions this problem. EWS business model is to both sell plants and earn royalty on the commodities that these plants produce . This will make way for a very good mix of both one off sales and reoccurring revenue streams .
In addition to tires, EWS has designed solutions for the safe disposal, recycling and/or recapture of useable byproducts for the following waste streams: •Liquid Biological Waste Systems; •Food Waste •Medical Waste •Animal Waste
Conclusion
EWS has a ridiculously low market cap for a company which already has an order of 100 million dollars . EWS has crossed the barrier towards becoming commercially viable and the risk is considerably lower than for its competitor $SES. $SES does not have any real revenues yet. I beleive this is a REAL ESG investment which mutual funds and other institutional actors will race to become shareholders in once the market cap becomes big enough which we believe is only a matter of time . Hence I’ve made EWS our TOP 3 BIGGEST investment along with Cielo waste solutions.
EWS has recently won an order worth 100 million USD from Windspace in Denmark which will build the first large commercial plant for EWS in europe. EWS is on the verge of commercialization breakthrough but this has yet to be reflected in the stock price . When comparing with $SES Scandinavian enviro systems my insight is that there could be a 400 % upside from current levels.
The EWI customer Windspace has already gained environmental permits and financing for its first factory in Denmark with construction beginning in 2021 . This news has yet to be acknowledged by the stock market. Windspace has also invested in EWS as a shareholder . Windspace has even said in a podcast that they chose EWS technology over Scandinavian enviro systems because the technology is BETTER. Windspace were originally going to partner with Scandinavian enviro systems!
Tire recycling plants using EWS’ technology do not require tipping fees, carbon credits or other government support to generate a compelling ROI which makes it standout from its competitors.
Markets sub Categories 90 billion- Liquid waste 50 billion USD -Food and animal waste, 9.5 billion USD- Tires 9 billion USD – Medical waste
This is an introductional post. Further detailed analysis will be done coming up. I wanted to share this NOW with you readers since the technical chart looks like the EWS stock might be poised for a breakout. As always do your own research and this is not to be considered financial advice.
