SOURCE: Methes Energies International Ltd.

Methes Energies International Ltd.

September 02, 2014 09:00 ET

Methes Energies Signs Catalyst Supply Agreement for Its New Pre-Treatment Process

LAS VEGAS, NV--(Marketwired - Sep 2, 2014) - Methes Energies International Ltd. (NASDAQ: MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, announced the introduction of Methes PP-MEC catalyst. Dorf Ketal Speciality Catalysts LLC ("Dorf Ketal") will be the exclusive manufacturer of Methes PP-MEC Catalyst. Methes selected Dorf Ketal because of their strong commitment to quality and consistency which is critical in the production of the PP-MEC catalyst.

As previously disclosed via press release on July 22nd, 2014, Methes announced that it was officially launching a new pre-treatment process for high free fatty acid (FFA) biodiesel feedstocks, including non-food grade corn oil, on August 28th, 2014 via a webinar hosted by Biodiesel Magazine. The PP-MEC catalyst is a major active ingredient in this new process. Working with Dorf Ketal allows Methes to count on a reliable manufacturer of specialty catalysts with an experienced management team who can provide that catalyst to Methes or its customers on a world-wide basis.

John Loewen, COO of Methes, said, "We are very pleased with our relationship with Dorf Ketal. The fact that they can manufacture our PP-MEC catalyst is great and gives us the peace of mind that we were looking for. I believe that the market potential is enormous for this new process so we wanted to make sure that we had a catalyst manufacturer that would be able to follow our growth not only in North America but around the world."

About Methes Energies International Ltd.

Methes Energies International Ltd. is a renewable energy company that offers a variety of products and services to biodiesel fuel producers. Methes also offers biodiesel processors that are unique, truly compact, fully automated state-of-the-art and continuous flow that can run on a wide variety of feedstocks. Methes markets and sells biodiesel fuel produced at its showcase production facility in Mississauga, Ontario, Canada, and at its 13 MGY facility in Sombra, Ontario, to customers in the U.S. and Canada, as well as providing multiple biodiesel fuel solutions to its clientele. Among its services are selling commodities to its network of biodiesel producers, selling their biodiesel production and providing clients with proprietary software to operate and control their processors. Methes also remotely monitors the quality and characteristics of its clients' production, upgrades and repairs their processors and advises clients on adjusting their processes to use varying feedstock to improve the quality of their biodiesel. For more information, please visit www.methes.com.

About Dorf Ketal Speciality Catalysts LLC

Dorf Ketal is a leading global manufacturer of specialty catalysts, process chemicals and additives for the oilfield industry, refineries, petrochemical plants and manufacturers of fuels and plastics. Dorf Ketal is a signatory to the principles of Responsible Care®, and the company's procedures and processes are certified to ISO-9001, ISO-14001 and ISO-18001 standards by Det Norske Veritas (DNV). For additional information, please visit www.dorfketal.com.

Forward-looking Statements

This press release contains forward-looking statements regarding future events and financial performance. In some cases, you can identify these statements by words such as "may," "might," "will," "should," "except," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of these terms and other comparable terminology. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. There are or may be important factors that could cause our actual results to materially differ from our historical results or from any future results expressed or implied by such forward looking statements. These factors include, but are not limited to, those discussed under the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended November 30, 2013, filed on February 25, 2014, as amended, which is available at the U.S. Securities and Exchange Commission website at www.sec.gov. The forward-looking statements in this press release are based upon management's reasonable belief as of the date hereof. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Contact Information

  • Contacts:
    Methes Energies International Ltd.
    Michel G. Laporte
    Chairman and CEO
    702-932-9964