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OFFON

SUSGLOBAL ENERGY CORP.

(SNRG)
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SusGlobal's SusGro(TM) Organic Liquid Fertilizer Receives Lucintel's "2021 Product Innovation Award" in $200 Billion Industry

08/24/2021 | 08:05am EDT

Toronto, Ontario--(Newsfile Corp. - August 24, 2021) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal") or (the "Company"), the developer of SusGro™, an award winning, revolutionary pathogen-free organic liquid fertilizer, today announced that the Company is the recipient of the "2021 Product Innovation Award in the Fertilizer Market" for the Company's SusGro™ Organic Liquid Fertilizer which also serves the $16 billion organic segment of the $200 billion global fertilizer market.

The award marks the most recent for SusGlobal, Leaders in The Circular Economy®, which has also been recognized by The Finnish Innovation Fund Sitra ("Sitra") as one of 39 inspiring circular economy solutions from around the globe during the World Circular Economy Forum.

Lucintel chose SusGlobal for this award because of its novel product, a concentrated organic pathogen-free liquid fertilizer. SusGro™ Organic Liquid Fertilizer is an economical, sustainable and highly effective alternative to traditional fertilizers, as it adds nutrients to the soil improving water retention, soil fertility, and pore space to enhance crop productivity and produce healthy plants. With a full complement of nutrients suitable for a wide range of fertilization requirements, SusGro™'s Nitrogen, Phosphorus and Potassium ("NPK") Value is modifiable with a high concentration ratio of 1:100. SusGro™ Organic Liquid Fertilizer is available at a very competitive price.

SusGlobal produces SusGro™ Organic Liquid Fertilizer using its proprietary technology which can convert 185,000 metric tonnes of organic waste streams into dry and liquid fertilizers. These fertilizers play a significant role in improving soil fertility by fixing atmospheric N (Nitrogen) producing plant growth substances in the soil. SusGlobal's valuable Environmental Compliance Licenses ("ECA's") at the Company's processing facilities are issued under Section 9 of the Environmental Protection Act and for waste disposal sites under Section 53 of the Ontario Water Resources Act.

"We're honored to be recognized once again as technology leaders in transforming global renewable waste into regenerative products," stated SusGlobal President and CEO Marc Hazout.

Lucintel's awards in innovation and industry excellence recognize outstanding achievements and the latest endeavors by companies in various industries, identifying the most successful, innovative, and forward-thinking companies and products in business today. Lucintel awards are based on systematic and detailed research on the relevant markets to identify and recognize the most successful recent innovations. These initiatives enable companies to demonstrate high levels of industry impact and benefits to end users. To know more contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, a premier market research and management consulting firm based in Dallas, Texas, has served over 1,000 clients for over 20 years. With in-depth analysis and sage advice, Lucintel offers solutions for growth through game changing ideas and analysis of robust markets and unmet needs. Lucintel has been quoted in esteemed publications, including The Wall Street Journal, ZACKS, and The Financial Times. For further information, visit www.lucintel.com.

About SusGlobal Energy Corp.

SusGlobal Energy Corp., the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer is a renewables company focused on acquiring, developing and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative products applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as Leaders in The Circular Economy®. To learn more about SusGlobal, please visit www.susglobalenergy.com or follow the Company on Twitter, Facebook, Instagram and LinkedIn.

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.

Contact

SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94128


ę Newsfilecorp 2021
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Financials (USD)
Sales 2020 1,60 M - -
Net income 2020 -2,01 M - -
Net Debt 2020 7,92 M - -
P/E ratio 2020 -7,21x
Yield 2020 -
Capitalization 20,7 M 20,7 M -
EV / Sales 2019 6,68x
EV / Sales 2020 15,5x
Nbr of Employees 8
Free-Float 81,3%
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Managers and Directors
Marc M. Hazout Executive Chairman, President & CEO
Ike Makrimichalos CFO & Principal Accounting Officer
Andrea Calla Independent Director
Gary Lawrence Herman Lead Independent Director
Susan Harte Independent Director
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