Its Lignin Demonstrates High Compatibility and Cost-Effectiveness
ATLANTA, GA, March 07, 2018 (GLOBE NEWSWIRE) -- Meridian Waste Solutions, Inc. (NASDAQ: MRDN) (“Meridian Waste” or the “Company” and recently announced name change to “Attis Industries, Inc.”), an innovative technology company, today announced that its subsidiary, Attis Innovations, is featured in the March issue of Compounding World. The latest issue of Compounding World magazine is now available for viewing on-line.
Compounding World is the monthly global magazine for polymer compounders and masterbatch producers. Covering plastics, additives and compounding technology and market trends. Attis Innovations is featured on pages 43-46 entitled, “Natural fibre suppliers see opportunity in compounds.” The latest developments in natural fibers and sizing systems are opening up opportunities for weight saving compounds while meeting manufacturers’ renewable sourcing goals.
Attis Innovations has a portfolio of bio-based polymers and resin extenders, as well as fillers. According to strategic partner Genarex’s VP of Sales and Product Development, Bob Montgomery, “Its primary product for the plastics space is a unique, melt-flowable lignin, which is a bio-additive that brings unparalleled cost savings and performance to common resin systems. Attis’s lignin has already shown very good compatibility with polyolefins such as HDPE and PP.”
Attis Industries Chief Executive Officer, Jeff Cosman, stated, “We are honored and thrilled to have been featured by internationally known and recognized Compounding World. In addition to our recent $3 million USDA grant, we are proud of our team for receiving this recognition. We see a tremendous amount of opportunities organically and acquisitively to grow our business to become a major player in the U.S. and globally.”
About Compounding World
Compounding World is a monthly magazine written specifically for polymer compounders and masterbatch producers around the globe. It is published electronically by Applied Market Information, the leading provider of market intelligence and analysis for the global compounding and masterbatch industries. Each and every month, Compounding World covers key technical developments, market trends, strategic business issues, legislative announcements, company profiles and new product launches. Unlike other general plastics magazines, Compounding World is 100% focused on the specific information needs of compounders and masterbatch producers. The magazine carries in-depth articles written by experienced technical journalists and market experts from Applied Market Information. Plus there are exclusive contributions from leading researchers and industry insiders. Applied Market Information’s wealth of industry information and analysis ensures that Compounding World provides exclusive insights into the key market issues and opportunities for compounders and masterbatch producers wherever they are based. The company has a detailed database of senior decision makers at more than 2,600 compounding and masterbatch production sites across Europe, the Americas, Asia and the Middle East. This unique and constantly updated database provides Compounding World with comprehensive global access to the key purchasers of polymer additives, compounding machinery and ancillary equipment. Access to the magazine is entirely free-of-charge. As each issue of Compounding World is published, e-mails are sent to more than 21,000 relevant recipients from the compounding, masterbatch and additives sectors to notify them about the new edition and to provide a direct link to it. For more information, visit: http://www.compoundingworld.com
About Meridian Waste Solutions, Inc. / Attis Industries
Meridian Waste Solutions, Inc. (NASDAQ: MRDN) is a company defined by our commitment to servicing our customers with unwavering respect, fairness and care. We are focused on finding and implementing solutions for the resource needs and challenges of our customers with a fundamental objective to seek rewarding solutions through technology and innovation. Our healthcare business centers on creating community-based synergies through collaborations and software solutions. Our innovation business (www.attisinnovations.com) strives to create value from recovered resources.
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, clinical studies and future product commercialization; and, the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies, the Company’s completion of the sale of its solid waste business; the ability of the Company to continue to meet the listing requirements of NASDAQ; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the Meridian Annual Report on Form 10-K for the fiscal year ended December 31, 2016, filed with the Securities and Exchange Commission (the “SEC”) on April 17, 2017 and amended on May 31, 2017 and the other documents Meridian files with the SEC from time to time. There will be events in the future, however, that Meridian is not able to predict accurately or control. Meridian’s actual results may differ materially from the expectations that Meridian describes in its forward-looking statements. Factors or events that could cause Meridian’s actual results to materially differ may emerge from time to time, and it is not possible for Meridian to accurately predict all of them. Any forward-looking statement made by Meridian in this press release speaks only as of the date on which Meridian makes it. Meridian undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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