SusGlobal Energy Corp., Toronto, said on June 2 its wholly-owned subsidiary, SusGlobal Energy Canada I Ltd., has signed an agreement to purchase a 43,535 square foot facility on 3.26 acres in Hamilton, Ont., which includes Environmental Compliance Approval to process 65,884 mt/y of organic waste 24 hours per day, 7 days a week. The company made an initial payment of C$200,000 on the $4.5 million purchase price.
SusGlobal plans to produce its SusGro™, a pathogen-free organic liquid fertilizer, at the location. The company said it will process 100 mt/d of organic waste (three municipal trucks per day at approximately 33 mt) to produce 500,000 liters of fertilizer per day, five days per week, 52 weeks a year, for a total of 130 million liters per year. It said it can produce 5,000 liters per every mt of waste processed. The company values the fertilizer produced per day at $2 million.
In addition to producing, distributing, and warehousing the product, the company said it would do the same for other organic liquid fertilizer products that are provided under private label and sold through big box retailers and consumer lawn and garden suppliers, and for end use to the wine, cannabis, and agriculture industries.
The company said with the addition of a further 10,000 square feet of R&D labs and office space, the Hamilton facility will also house the continued development of SusGlobal’s proprietary formulations and branded liquid and dry organic fertilizers.
“We are pleased to have purchased an additional facility with a high-value Environmental Compliance Approval and strategically located to provide a contingency plan to our municipal clients that are already using our Bellville facility where we intake organic waste,” said Marc Hazout, SusGlobal President and CEO.
“Equally important is the Hamilton facility’s proximity to agricultural clients who purchase our outbound products including liquid and dry organic fertilizers. This acquisition exponentially increases SusGlobal’s capacity for commercialization and distribution of our proprietary products, enabling us to ramp revenues and cash flows through fertilizer sales, tipping fees for intaking municipal organic waste and carbon credits,” he added.
SusGlobal’s first facility, which began operations in 2017, on 49 acres of company-owned land in Bellville, Ont., currently processes 70,000 mt/y of municipal source separated organics to produce 20,000 mt/y of dry fertilizer/organic compost.