News | February 16, 2021

TrustBix Inc. Expands Its BIX Platform Into Biomass And Waste Diversion With All West Demolition Ltd. And Innovation Reduction Strategies Inc.

TrustBIX Inc. is very pleased to announce that it has entered into a $300,000 contract with All West Demolition Ltd. ("AWD"), one of Edmonton's largest regional demolition companies, and Innovation Reduction Strategies Inc. ("IRSI"), an early innovator in biomass to biochar production. TrustBIX will enhance and apply its BIX platform in a commercial pilot program to track biomass and waste streams to divert material from landfills and create new products for agricultural and industrial markets.

AWD is a forward-thinking company that is focused on converting wastes to new valuable products by sorting and pre-processing customer waste materials for the purpose of allowing others like IRSI to produce value-added products such as biochar.

BIX will be used to track the waste inputs. Tracking the source, characteristics and use of various waste streams supports biochar product quality and characteristics, production practices, suitability for specific applications and pricing in various markets. Further, tracking these resources is important to measure the amount of material diverted from landfills, and to quantify the reduction in greenhouse gas emissions that result from the production of new products that can be created from these resources.

"We want to be the most environmentally conscious demolition company in the world, and revolutionize demolition and waste-management practices by diverting all waste materials toward useful applications," says Chris Landry, General Manager, AWD.

"We are proud to be converting 75 precent of All West Demolition's wood waste into valuable biochar and other bio-products to improve soil health and to be sold into other applications for green houses, activated carbon markets and other materials," adds Chris Olson, President, IRSI.

TrustBIX's BIX platform is now used to track livestock in the Canadian agri-food market for global brands interested in sourcing sustainable beef. BIX allows buyers and sellers to share information about their organizations, products, special attributes and certifications with others in the value chain.

"Today's exciting announcement represents an important expansion of TrustBIX's business and our platform's capabilities, moving us into new bio-industrial markets linked to agriculture where we can reward sustainable behaviour," says TrustBIX's CEO, Hubert Lau. "This project will further demonstrate that BIX is scalable and provides a solid foundation to expand into new markets and industries."

The commercial pilot project will continue through to February 1st, 2022.

Source: TrustBIX Inc.