Under the arrangement, reagents will be transported by Bio Mineral Transportation, a logistics subsidiary of N-Viro, to its Daytona Beach, Florida facility for reuse.
The new contract will provide N-Viro with a secure raw material supply and total revenue of approximately $4,000,000 over the next three years.
The contract also allows for the quarterly adjustment of the price based on the producer price index.
N-Viro CEO and president Timothy Kasmoch said the contract negotiations and resulting purchase order help to accomplish certain business goals, to increase revenues and produce a quality product for the market.
N-Viro is an environmental and materials handling company that owns significant patented technologies to convert various residual bio-organics into renewable fuel.
