DENVER, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Vista International Technologies, Inc. (OTCBB:VVIT), a pioneer in efficient Waste-to-Energy technology, is pleased to announce that it has closed on the sale of the 9-acre parcel of vacant land it owned in Hutchins, TX. The sale was closed on November 16, 2017 for gross proceeds of $825,000.
This sale, coupled with the sale of the adjacent 18-acre tire processing facility, has allowed the company to pay off or settle a significant amount of the Company’s debt, and will provide funds necessary for future Waste-to-Energy project development.
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty-five years, with installations across three continents. The Company’s technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, waste coal, sewage waste, and biomass, among others. The company’s Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
For more information, please call 303 690 8300, or email us at info@vvit.us.