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InvestorNewsBreaks – Astra Energy Inc. (ASRE) Subsidiary Partners with Phambili to ‘Process MSW, Create Valuable Commodities’
June 15, 2023

InvestorNewsBreaks – Astra Energy Inc. (ASRE) Subsidiary Partners with Phambili to ‘Process MSW, Create Valuable Commodities’

Astra Energy (OTC: ASRE), a renewable and waste-to-energy project developer and technology acquisition company, through its subsidiary Astra Energy California Inc., has entered into a partnership agreement with Phambili USA. Phambili solidifies municipal solid waste (“MSW”) and organic waste processing to a nonwaste material and refinement to valuable market commodities, such as sustainable aviation fuel (“SAF”). The two companies will collaborate to combine total waste processing using Regreen Technologies Inc.’s energy pellets with the Phambili conversion unit to further refine into finished marketable commodities for global distribution. According to the announcement, the collaboration leverages combined technologies from both companies to provide zero-emission, low-sulfur, high Btu/Kcal value commodities to the world, including sustainable aviation fuel, marine biofuels and organic pesticides. The collaboration means that “together we are able to achieve results that no other technology or company on the globe has yet been able to achieve,” according to a Phambili representative. “Our mutual objective is to process MSW and create valuable commodities from it,” said Astra California president and CEO Douglas D. Hampton in the press release. “This will create an ongoing revenue stream from each of our global projects and drive value for our shareholders and investors.”

To view the full press release, visit https://ibn.fm/uZfF6

About Astra Energy Inc.

Astra Energy is an integrated solutions provider investing in and developing renewable and clean-energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs. Astra’s corporate strategy is rooted in securing technologies and assets; identifying viable market opportunities; and bringing together resources, expertise, technology and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet and the company’s investors. The company’s goal is to create a more secure and sustainable power sector that supports its purpose, mission and values to transform the economic, environmental and social landscape for generations to come. For further information about the company, visit www.AstraEnergyInc.com.

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