FORT LAUDERDALE, Fla., Nov. 16, 2016 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTC Markets: MPIR), announced that it has completed and signed a Master Services Agreement with Waste Management Corporation (NYSE: WM) the largest provider of environmental waste mitigation and remediation solutions in the nation.
This Agreement provides a wide variety of joint industry-specific opportunities for both companies. The initial joint venture between Empire Diversified and Waste Management potentially provides CCR (Coal Combustion Residues) solutions to the many power generating plants throughout the United States that, by Federal mandate, must provide written and workable proposals for the resolution of such problems before the end of 2016.
Frank Rosso, CEO of Empire Diversified Energy, noted that in April of 2015, the EPA published the 'Hazardous and Solid Waste Management System; Disposal of Coal Combustion Residuals from Electric Utilities; Final rule (CCR Rule).' "The Rule created minimum national criteria both for new and existing CCR landfills and CCR surface impoundments, with the immediate intent of reducing the present and growing risk to human health and the environment." Rosso went on to say that, "we at Empire Diversified are very pleased to be partnering with Waste Management, and benefitting from its vast experience and expertise in addressing these critical national issues."
Empire Diversified Energy, Inc. is currently in negotiations with several U. S. utilities and expects to launch its first pilot program in the near future.
About Empire Diversified Energy Corporation
Empire Diversified Energy, Inc. is a full-service firm offering solutions to the dynamic changing needs of the Energy Industry. The Company's goal, based on years of demonstrable experience, is to offer strategic consulting and innovative on-site execution in addressing industry issues such as remediation of Coal Combustion Residue (CCR), and the development of renewable energy sources.
Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
SOURCE Empire Diversified Energy, Inc.