CHESTNUT RIDGE, N.Y., July 22, 2016 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech") (OTCQB: BHTG), a green technology company that provides innovative data-driven solutions for food waste disposal announced that its subsidiary, BioHiTech America, LLC, is prepared to offer its disruptive waste management technology to New York City businesses required to comply with new regulations. The initiative is part of the city administration's comprehensive OneNYC Plan to send zero waste to landfills by 2030.
The New York City Business Organics Rules were enacted on July 19, 2016 and require certain New York City businesses to separate their organic waste. Establishments covered by the Business Organics Rules include all food service establishments in hotels with 150 or more rooms, all food service vendors in arenas and stadiums with seating capacity of at least 15,000 people, food manufacturers with a floor area of at least 25,000 square feet, and food wholesalers with a floor area of at least 20,000 square feet. Businesses covered by this proposal are given the option to arrange for collection by a private carter, transport organic waste themselves, or process the material on site. Suitable processing methods include composting and aerobic/anaerobic digestion. A food waste grinder is not permitted.
"With 39 Eco-Safe Digesters already installed primarily in the five boroughs of New York, we have been experiencing strong additional interest as the new regulations come into effect from both current and new potential customers," said Frank E. Celli, CEO of BioHiTech Global. "Our technology driven solution represents the most compelling of the options for these businesses, combining immediate savings on waste disposal costs with data analytics. By year end, we anticipate a significant increase in the number of new Eco-Safe Digesters coming online in the New York metropolitan area. As more cities across the globe adopt zero waste goals, we are confident BioHiTech will continue its growth momentum. Throughout 2016, we anticipate seeing our Eco-Safe Digester footprint expanding across the globe and hope to have approximately 400 total units by the end of 2016."
BioHiTech America's waste management solution was also recently featured in The New York Post, Crain's New York Business and the New York Business Journal discussing New York City's Business Organics Rules. In the articles, BioHiTech Global CEO Frank E. Celli discusses how eliminating food waste creation is significantly more cost effective than having it carted away. "Every time a customer puts food in, we immediately transmit that data back to the cloud. Our customers in real time can see in each one of their digesters how much waste was generated," stated Mr. Celli.
To view a video on how BioHiTech Global is eliminating food waste please click here.
For more information on the New York City Business Organics Rules, please click here.
About BioHiTech Global BioHiTech Global (OTCQB: BHTG), "The Company" headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies. The combined offerings of BioHiTech Global offer our customers a full suite of technology based disposal options capable of having a significant impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment of waste, BioHiTech Global is a leader in zero waste solutions for businesses and municipalities. For more information, please visit www.biohitechglobal.com.
Forward Looking Statements Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the BioHiTech's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Rubenstein Public Relations Contact: Kristie Galvani Tel: 212-843-9205 [email protected]