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January 15, 2008

Organic fertilizer plant to be built at Central Landfill

A Boston-based company today announced it is executing a lease to build a 40,000-square-foot organic fertilizer plant on the grounds of the Central Landfill property in Johnston, which is run by the Rhode Island Resource Recovery Corporation.

In a news release, Converted Organics said it is executing a lease option, the second such contract to build a plant. The first is for one under construction in Woodbridge, N.J.

"The option to lease the Rhode Island property for development of Converted Organics' second facility represents a significant milestone for our company," Ed Gildea, president and chief executive officer of Converted Organics, said in the statement. "Converted Organics is now exceptionally well-positioned at the cross-roads of three significant global economic trends: The explosive growth in organic farming, the critical need for sustainable solid waste recycling solutions, and the overwhelming demand for green technology investment opportunities."

The plant will be used for processing of organic materials such as food waste into liquid and solid fertilizer for retail, turf management and agribusiness markets, the company stated. It will process, at full capacity, up to 200 tons per day, or 60,000 tons annually.

Material that would otherwise be put in the landfill will be diverted to the fertilizer product plant, which Converted Organics anticipates will be running in 2009.

The company said the new plant will increase the recycling rate within Rhode Island and the landfill's life by eliminating 10 to 15 percent of waste now deposited there. The company asserted the plant will help "in preventing associated increases in greenhouse gas emissions."

"We are excited that our partnership with RIRRC will not only will help Converted Organics satisfy the significant demand for our products, but also bring multiple new jobs to the Johnston community," Gildea stated.

-- projo.com staff writer Michael P. McKinney

Posted by Mike McKinney  at 1:07 PM | Permalink

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