SEER RECEIVES CONTRACT FROM BIOCHAR NOW FOR THE MANUFACTURING OF KILNS AND INTENDS TO OPEN A JV TEXAS BIOCHAR FACILITY

Core Insights - Strategic Environmental & Energy Resources, Inc. (SEER) has received a purchase order worth approximately $600,000 from Biochar Now, LLC (BCN) for the provision of kilns as part of BCN's nationwide expansion program [1][6] - BCN, in collaboration with AgriCap Group, LLC, has launched an "Insured Carbon" program that offers fully insured biochar carbon credits, enhancing the reliability and marketability of its carbon credits in the global market [2][11] - SEER is actively pursuing the establishment of a joint venture facility in Texas with BCN to produce biochar and is exploring the processing of fiberglass waste and other composites at this facility [3][12] Company Overview - SEER specializes in identifying, securing, and commercializing patented environmental clean technologies across various sectors, including oil & gas, renewable fuels, and waste management [4] - The company operates through two wholly-owned subsidiaries and two majority-owned subsidiaries, focusing on minimizing hazardous waste streams and processing waste into renewable fuels [4] Strategic Partnerships and Growth - SEER's collaboration with BCN is aimed at developing cost-effective kiln manufacturing processes to enhance biochar production efficiency and minimize capital expenditures for new production sites [6][10] - BCN has established five operational locations and is developing additional biochar production sites across North America and Southeast Asia, indicating a strong growth trajectory [6] - SEER's involvement in the biochar market is expected to create multiple revenue streams, including kiln sales, product sales, and carbon credit sales, thereby increasing shareholder equity [12]