IT News Online – Byzen Digital sees US $ 2.25T infrastructure bill as a boom towards a clean economy
With its portfolio of clean green technology companies, BYZN is in the right place at the right time
LOS ANGELES, CA / ACCESSWIRE / April 6, 2021 / Byzen Digital Inc. (OTC PINK: BYZN), a holding company that acquires and operates sustainable clean technology and energy companies, today announced its preliminary analysis of the Biden administration Infrastructure Bill concludes that this will be a positive force in accelerating the uptake of investing in clean technology and the deployment of sustainable products and services to help combat the effects of climate change. The Company expects to benefit from this “rising tide” effect in the addressable markets of the companies in its portfolio.
The $ 2.25 trillion bill, which has now been handed to Congress for approval, focuses on infrastructure spending across a broad spectrum with improving the country’s roads and bridges accounting for only seven percent spending. The majority will go to items such as the deployment of broadband in rural America, improved care for the elderly, 500,000 charging stations for electric vehicles, and massive spending on solar power and other clean technologies for help the United States become the world leader in the new green economic revolution.
Byzen Digital, through its two subsidiaries, Clean-Seas, Inc. and 100BIO, LLC, expects to benefit from this new wave of interest, funding and tax incentives for a cleaner, more sustainable future. . Byzen’s two operating companies are leading the way in better stewardship of America’s critical natural resources, such as our oceans, by providing solutions that generate clean energy and reduce waste streams that harm our environment.
“This is an exciting time to be in the clean energy and clean solutions business, and we expect this renewed interest promulgated in the United States to reverberate around the world for Byzen’s products and solutions. Said Dan Bates, CEO. “The Biden administration’s commitment to positively impact climate change is a win-win-win for the country, the planet and the businesses that will benefit from the economic and legislative support they receive.
“In the weeks and months to come, Byzen will be closely monitoring the implementation of the infrastructure bill for the many billions of dollars being distributed in the form of grants, tax credits, low-rate loans. interest and loan guarantees, nationally and on-going With the country’s greatest commitment to a green economy, Byzen is in the right place at the right time. The companies in our portfolio are well positioned to participate to these new economic initiatives, and we are actively seeking to acquire new businesses and technologies that support Byzen’s mission of meeting various needs in this global green effort. “
About Byzen Digital Inc.
Byzen Digital (OTC PINK: BYZN) acquires, manages and operates a synergistic portfolio of companies in the cleantech and energy sectors. For more information, visit: www.byzendigital.com.
About Clean-Seas, Inc.
Clean-Seas, Inc. is a Byzen Digital portfolio company that provides efficient and cost-effective technology solutions that respond to the global plastic waste crisis and create economic opportunities and social benefits in emerging and developed economies around the world. It offers the best in its class to suppliers of complete solutions for the supply and deployment of the latest technologies for recycling plastic waste into energy, securing raw materials and off-take agreements.
The company plans to develop programs with social impact, improve the quality of life and comply with the United Nations Sustainable Development Goals (SDGs). Clean-Seas is motivated by the 3P’s: People, Planet and Profit. For more information visit: http://www.clean-seas.com/
About 100BIO, LLC
100BIO ™ created the first 100% biodegradable foam for the catering and packaging industries. Located in Southern California, 100BIO ™ licenses its patented technology to manufacturers across the broad spectrum of the packaging industry. For more information, visit: http://onehundredbio.com.
Safe Harbor Declaration
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to anticipated income, expenses, earnings, cash flow from operations, market outlook and product demand. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors that could cause actual results to differ materially from forward-looking statements. These statements are based, among other things, on assumptions made by management and on information currently available to management, including its own knowledge and assessment of the industry and the company’s competition. The Company assumes no obligation to update its forward-looking statements.
Dan Bates, CEO
Byzen Digital Inc.
SOURCE: Byzen Digital, Inc.
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