LOS ANGELES, Calif./ACCESSWIRE/November 4, 2022/ Clean Vision Corporation (OTCQB:CLNV) (the “Company”), today announced that its wholly owned subsidiary Clean-Seas, Inc. (“CS”) has signed a memorandum of understanding (MOU) with Rob and Melani Walton of Arizona State University. Solutions Service (“RMWSSS”) to establish an innovation and waste plastic conversion facility to clean hydrogen in the Phoenix, Arizona area.
CS established Clean-Seas Arizona (“CSA”) to source plastic waste feedstock from the Phoenix metro area and adjacent municipalities, and strive to make it an anchor for a network of clean hydrogen centers located in various locations around the world, with the ultimate goal of diverting thousands of tons of plastic waste daily from landfills and incinerators and diverting it to its facilities. The project aims to co-generate a new plastic with recycled content and CS-branded clean hydrogen, AquaH™. Land acquisition, permitting, and other legal, regulatory, financial, and operational steps are currently intended to be managed by various participants in this project, and there are timelines and other uncertainties that the parties have the intention to work collaboratively.
RMWSSS will provide advisory services and scientific, technical and sustainability relationships to drive the business forward. CS intends to leverage its management expertise and industry experience, and work to secure the various stages of capital required to fund the innovative phased facility.
“Plastic waste is a problem in Phoenix and around the world. The Walton Sustainability Solutions Service has a growing experience in solving Arizona’s plastic crisis and looks forward to expanding its work to advance the hydrogen economy in a sustainable, responsible and financially rewarding way,” said Dr. Michael Dorsey, director and president of the Walton Sustainability Solutions Service.
“We are proud to join the global clean hydrogen network that CS is working to build other leading global institutions, such as the Council of Scientific and Industrial Research of India (CSIR) led by the Indian Institute of Technology. (IICT) from the CSIR, which CS intends to work with – as it underscores the innovation potential and global scalability of clean hydrogen,” added Dr. Dorsey.
CSA currently intends to invest at least $50 million in the project, which it says will divert more than 850,000 tonnes of plastic waste over its 25-year lifespan, advancing the goals City of Phoenix 2050 Zero Waste and City-Wide Carbon Neutral.
Arizona is one of 20 US states that recognize advanced recycling as a manufacturing technology. pass legislation in 2021 that is expected to unlock more than $160 million in annual recycling-related economic activity.
“We are thrilled to partner with ASU’s Walton Sustainability Solutions Service to bring our sustainability goals and management expertise to Phoenix,” said Dan Bates, CEO of Clean-Seas. “We believe this is a great opportunity to grow sustainability in Arizona and across the country, and to advance the health and well-being of the planet. We believe this is our moonshot to hydrogen.”
About Clean Vision Corporation
Clean Vision is a public company that operates and intends to acquire and operate a portfolio of synergistic businesses in the sustainable clean technology and green energy sectors. For more information, visit: cleanvisioncorp.com and follow us on Twitter: @CleanVisionCorp
About Clean-Seas, Inc.
Clean-Seas, Inc. is a wholly owned subsidiary of Clean Vision. It strives to provide what it sees as efficient and cost-effective technology solutions that locally respond to the global plastic waste crisis, while intending to create economic opportunities and social benefits in emerging and developed economies. in select areas around the world. Clean-Seas plans to work to deliver the deployment of “best in class” pyrolysis technology with strategic alliances for recycling plastic waste into energy, including securing plastic feedstock and off-take agreements . For more information, visit: clean-seas.com
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to expected revenues, expenses, profits, operating cash flow, market outlook and demand for products. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors that could cause actual results to differ materially from the forward-looking statements. These statements are based on, among other things, assumptions made by management and information currently available to it, including management’s knowledge and assessment of the Company’s industry and competition. The Company undertakes no obligation to update its forward-looking statements.
Clean Vision Corporation
Dan Bates, CEO [email protected]
Frank Benedetto 619-915-9422
THE SOURCE: Clean Vision Corporation
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