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International Bio-Recovery Corp. |
Company Data | Introduction | Plant Revenue Streams| Management Team Marketing | Chinese Version |
| Address: | 52 Riverside Drive, North Vancouver, Canada V7H 1T4 |
| Tel No.: | (604) 924-1023 |
| Fax No.: | (604) 924-1043 |
| Web Site: | www.ibrcorp.com |
| E-mail: | dlouie@ibrcorp.com |
| Contact Person: | Daniela Louie |
| Position: | Investor Relations |
Traded Market: |
CDNX |
| Traded Symbol: | IBR |
| Outstanding Shares: | 14,235,261 |
| Public Float: | approx. 8 million |
| 52 Week High: | $6.60 |
| 52 Week Low: | $1.70 |
| Present Price: | $4.10 (08/06/2000) |
IBR was established in 1993 and began trading on the Vancouver Stock Exchange on February 8, 1999. IBR Technology is to use thermophilic (heat-responsive) microbes to process organic waste over a 72-hour period with zero harmful environmental discharge. The digested waste is converted into organic fertilizer products with high market value in both liquid and dry-pellet form. The IBR treatment of organic waste is formally described as enhanced auto-genous thermophilic aerobic digestion (ATAD). This patented process is remarkable in that it can effectively process waste containing up to 20% of non-biodegradable contaminants. The resulting product is a clean, high-quality organic fertilizer free of pathogens and harmless to humans and wildlife. The IBR technology, developed with the assistance of the National Research Council and the University of British Columbia. The IBR plant has been fully operational at 50 metric tons per day and is currently being upscaled to 130 metric tons per day.
The Organic Waste Collection Program
IBR has implemented a pick-up and delivery program to collect organic waste from restaurants, hotels, institutions and fast-food outlets. The standard rate for collection, including processing of containers, is $62 per ton.
Tipping Fees
Tipping fees in Vancouver average $65 per metric ton for organic waste containing no more than 20% inorganic contaminants. Tipping fees in other major centers are generally higher than $55 per ton.
Sale of Pathogen-Free, Nutrient-Rich Organic Fertilizer
IBR's product is an organic fertilizer produced in two forms – dry pellet and liquid. These sell wholesale for $7.50 per 10kg bag for the pelletized product and $350 per ton for unpelletized powder.
Ben Van Dyk, President
Dick Van Dyk, Vice-President
Dave Roberts, Vice-President Waste Collections
Dr. Fahimeh Mirminachi, Director of Research & Development
Dale Fehr, Project & Development Manager
Daniela Louie, Investor Relations
Robert Gannon, Controller
Mack Van Dyk, Plant Manager
Neal Faraone, Microbiologist
MARKETING AND LICENSING OF PROPRIETARY TECHNOLOTY
The Company's aim is to license its technology and to build plants in strategic locations for waste reduction and fertilizer production. IBR is actively pursuing the marketing and licensing of its technology nationally and internationally, through direct sales, joint ventures and a network of international agents. IBR will sell its technology and operating rights for $2,250 per incoming daily ton of plant capacity and royalties of $5.00 per ton of incoming material processed for a specified period of time.