Reviresco Corporation is a Georgia corporation dedicated to the diversion of Municipal Solid Waste (MSW) from landfill disposal utilizing the Company’s industry-disrupting process to convert energy-rich MSW into valuable biomass fuel.
Reviresco Corporation sees a substantial opportunity to divert MSW from landfill disposal utilizing the Company’s industry-disrupting process to convert the energy-rich fraction of MSW into valuable biomass fuel and deploying the resulting fuel in a highly synergistic gasification and electricity generating plant. The term “reviresco” is a Latin word meaning “to grow green again, to be renewed”, a particularly appropriate representation of our core business.
MSW disposal in the United States is an $8.3 billion industry. Most waste goes to landfill (53%), for which waste generators, mainly municipalities, pay tipping fees, which now average almost $50/ton across the nation and have been rising at rates of nearly 3.5% annually for the last 12 years. More than 30 states are experiencing rates higher than $50/ton including ten states that contain 40% of the US population now have tipping fees at or exceeding $75/ton. Six states have fees in excess of $100/ton. Reviresco will earn tipping fees for waste disposal in lieu of landfill operators.
Reviresco emerged from more than 5 years of research into waste disposal alternatives and more than $5 million in R&D investment, which together led to the construction of a pilot (proof of concept) plant in the United Kingdom that established a cost-effective and energy-positive system for separating and converting the organic component of municipal and other wastes into usable products.
A single Reviresco system can of process 30,000 – 50,000 tons of unsorted, unprocessed municipal waste (from households and some institutional and commercial operations) annually, diverting more than 85% of the waste from landfill disposal.
Reviresco presents an efficient, unique and cost-effective solution to the complex and growing problems of waste disposal for cities, towns and counties in North America and worldwide.
Each Reviresco plant will earn investment-grade returns with guaranteed revenues from governments and major utilities.
The Reviresco System is made up two operating plants that run together with exponential synergy: one plant processes municipal solid waste (MSW) into a suitable fuel product, and the other is the gasification and thermal generating plant that uses the fuel as its primary energy source.
The Reviresco waste processing plant produces Refuse Derived Fuel (RDF) which results from the grinding, sorting and dehydration of municipal garbage whether presorted to collect recyclables, or not. The MSW is fed into the plant at a rate of approximately 10 tons per hour. The fuel product which results from the process is very dry at 10-15% MC and has a tested and proven calorific value of 10,000—12,000 BTU/lb.
A scalable single-line system is designed to process from 30,000 and up to 50,000 tons of waste annually to produce a net amount of approximately 2-3MW of electricity to sell after system power requirements.
Waste tipping fees and electricity sales are the prime revenue sources.
Chairman of the Board and Chief Executive Officer, John is a former Executive Director and CEO of ZeroWaste Systems Limited. John held management responsibility for development of the waste processing plant in the UK from March 2007 until December 2010. John has served as an outside Director and Audit Committee Chairman for several public Companies over the past 20 years. He will continue to act as CEO of Reviresco with responsibility for day-to-day management, corporate finance, governance and business development. John graduated from Wilfrid Laurier University in Ontario, Canada with a BA, major in economics.