Freedom Environmental Services (Pink Sheets:FRDM) announced on June 11that it had received a contract from Northeast Biodiesel for reclaimed grease. Freedom anticipates collecting 30,000 gallons of grease per month initially, which will then be shipped to Northeast's existing processing facilities to be turned into biofuel and resold. Freedom is to receive $1.70 per gallon for the grease it collects from existing commercial clients.
Company president Michael Borish stated, "I'm excited about this new contract. I'm estimating that we will start out with shipping around 30,000 gallons per month. I expect substantial growth in this segment of our business."
A spokesperson for Freedom noted that this contract represents Freedom's actual participation in the "green" fuel market. This contract substantially increases Freedom's revenue stream while it participates in saving the environment by recycling grease that would normally be discarded.
About Freedom Environmental Services
Freedom Environmental Services is a "Green" wastewater management company with its headquarters in Orlando Florida. Freedom provides the most comprehensive, cost-effective and reliable treatment systems and services. Freedom offers conventional wastewater treatment processes and systems, disinfection systems and cleaning contracts.