Biden administration looks set to target ‘forever chemicals,’ as 3M warns about ‘onerous regulation’ Published: Jan. 25, 2021 https://www.marketwatch.com/story/b...3m-warns-about-onerous-regulation-11611604742 President Joe Biden’s administration looks poised to crack down on a group of “forever chemicals” that have been linked to a range of health problems, a move that could put companies like 3M and DuPont on the hook for billions of dollars in cleanup costs. About 862,000 Americans drink PFAS-contaminated water, according to the Environmental Working Group, an environmental research organization. A recent Harvard University study found that exposure to these chemicals can increase the severity of COVID-19 in people who have contracted it.
Market Cap is still very low considering the huge potential. In all likelihood BioLargo has probably a home court advantage in order to get a big chunk of the estimated $850 million to treat PFAS in Orange County…
BioLargo's AEC Removal of Forever Chemicals PFAS is Confirmed 99.995% Effective in Lab Analysis Performed at the University of Tennessee January 26, 2021 AEC Features Dramatic Reduction in Carbon Footprint Associated with Disposal https://irdirect.net/prviewer/release_only/id/4603787
Convincing interview, future looks bright imo... Some interesting quotes: “PFAS is a hot button in the industry” “In Orange County alone where we are headquartered they tested 40 wells and they estimate the life cycle treatment costs at 1.3 Billion”. “Everyone is looking for an effective way to treat” “These projects will start in the $0.5 million range that go all the way up to $30 million. This is big business.” BioLargo Inc presents at the Proactive One2One Live Virtual Forum 26 January 2021
Congress sends letter to Biden administration, ask to protect against harmful chemicals Friday, January 29th 2021 https://nbc25news.com/news/local/co...tion-ask-to-protect-against-harmful-chemicals Congressman Kildee sent a letter to the Biden administration outlining actions they should take to address the PFAS chemicals. The letter, signed by 132 Republican and Democratic Members of Congress, includes actions the administration can take to protect communities from PFAS immediately, including creating a nationwide drinking water standard for PFAS in drinking water and listing PFAS as a hazardous substance to clean up the harmful chemicals and make the polluters pay, not taxpayers.
The home court advantage pot of the pie has grown considerably to previous presentations. According to the recent presentation by the CEO the estimated PFAS treatment costs in Orange County alone where BLGO is headquartered is estimated to be now $1.3 Billion (the older slide in one of my previous posts states $850 Million). The current market cap of BLGO at around $45 Million is rather low imo considering the tremendous potential. BLGO will benefit greatly from the New Green deal. The timing of BioLargo's removal technology for PFAS could not be better... CalMatters: What Biden’s presidency means for California’s environment January 30, 2021 Meanwhile, California has already started requiring water systems to address PFAS contamination — and it’s likely to get pricey. At least 146 public water systems serving nearly 16 million Californians have detected traces of two of the most common chemicals in well water. https://www.ukiahdailyjournal.com/2...presidency-means-for-californias-environment/
BioLargo and Garratt-Callahan Team Up for Product Development Project WESTMINSTER, CA / ACCESSWIRE / February 2, 2021 / BioLargo, Inc. (OTCQB:BLGO), developer of cutting-edge environmental technologies and a full-service engineering firm, announced that it has teamed up with Garratt-Callahan Company, a national industrial water treatment company, to co-create and develop a wastewater treatment product that will salvage usable water from commercial facilities wastewater streams. https://irdirect.net/prviewer/release_only/id/4611422
Bought more shares today. Once the selling pressure related to the conversion of debt to equity is over BLGO will move much higher fast imo. Cash-flow break-even around the corner. PFAS is big business... PFAS Regulation: Business Should Plan Now for Financial Impacts Feb. 9, 2021, 10:00 AM PFAS regulation under the Safe Drinking Water Act is coming under the Biden administration. CMBG3 Law’s John P. Gardella discusses how businesses—including those that permissibly discharge effluents into waterways—can plan now to reduce business interruption and financial losses stemming from PFAS regulation. https://news.bloomberglaw.com/healt...usiness-should-plan-now-for-financial-impacts
BLGO is imo a multibagger in the making... Biden's presidency could mean action on toxic "forever chemicals" 15 Feb 2021 Industrial "forever chemicals" found in hundreds of consumer goods and linked to adverse health effects may face new regulations under the Biden administration. https://www.axios.com/biden-pfas-re...ups-2fb63743-912f-486f-a06b-74fbf48f2cca.html ‘Am I going to regret it?': forever chemicals dilemma for breastfeeding mothers 15 Feb 2021 Many health experts and advocates say breastfeeding is the best choice for babies but the threat of passing on contamination from PFAS is prompting new questions https://www.theguardian.com/us-news/2021/feb/15/forever-chemicals-breastfeeding-contamination-pfas
BioLargo Answers Administration’s Urgent Call for Mitigation of PFAS Forever Chemicals 24 February 2021 Highlights: Federal enforcement of PFAS (per- and polyfluoroalkyl substances) in drinking water regulations is imminent The water treatment sector is desperate for effective, economical solutions to remove PFAS from drinking water BioLargo (OTCQB:BLGO) is rolling out its BioLargo AEC PFAS water treatment technology, which takes a novel and economical approach to removing these chemicals from water The BioLargo solution produces far less PFAS-laden waste than traditional carbon-based technologies, leading to cost savings and a dramatically reduced carbon footprint BioLargo’s PFAS solution will serve a multi-billion-dollar market while also aligning with the new administration’s focus on environmental issues such as water contamination https://biolargo.blogspot.com/2021/02/biolargo-answers-administrations-urgent.html
BioLargo Strengthens Balance Sheet by Eliminating Debt as its Commercial Activities Expand March 02, 2021 https://irdirect.net/prviewer/release_only/id/4643917 Commercial milestones continue to grow at BioLargo with a few notable highlights: An AOS water treatment unit was recently delivered to a municipal wastewater operation in Quebec Canada for pilot testing, and the company is on track for commencement of the AOS zero liquid discharge system project at poultry farm in Alberta, Canada, estimated to generate a half million dollars in revenue. BioLargo's engineering subsidiary continues to win major contracts with industrial clients, building a backlog of pending projects totaling more than $2 million over approximately the next 12 months. The group remains busy supporting BioLargo's emerging commercial activities for the AEC and AOS water treatment systems. BioLargo is exploring ways to expand its work with national water services company Garratt-Callahan beyond the development of a proprietary water treatment system. Management is actively engaged with the EPA to expand its regulated claims for a series of products, including Clyraguard. Expanded CupriDyne Clean misting system installations to municipal-owned solid-waste handling operations. Readying for trials of the PFAS treatment solution (the BioLargo AEC) with multiple potential clients.
Biden EPA Moving Forward with National Drinking Water Regulations for PFOA and PFOS March 18, 2021 https://www.natlawreview.com/articl...onal-drinking-water-regulations-pfoa-and-pfos Potential Significance Establishing MCLs for PFOA and PFOS may impact site cleanups and remedy selection, in addition to its direct impact on public water systems that will be responsible for meeting the new standards.
The potential for the PFAS treatment technology is obviously very huge. Only a matter of time imo until the share price moves much higher.... Mar. 18, 2021 MPCA rings alarm: Old landfills leaking contaminants in Northland, across state The "forever chemicals" have been found in high levels at closed landfills in Duluth, Ely and in 96 other sites across the state, said the Minnesota Pollution Control Agency on Thursday. https://www.pinejournal.com/news/go...eaking-contaminants-in-Northland-across-state
Interesting seeking alpha article... Five Top Contenders Competing For Multi-Billion-Dollar PFAS Removal Race - One Appears To Have Formidable Competitive Advantages Mar. 19, 2021 https://seekingalpha.com/instablog/...llion-dollar-pfas-removal-race-one-appears-to Conclusion With billions of dollars of demand for PFAS Removal Equipment expected to be created almost overnight, and with BioLargo’s remarkable cost-effective advantages and pilot projects scheduled with major Municipal Water Districts, it seems likely that BioLargo can emerge as a clear winner of a new multi-billion-dollar race to meet the fast-upcoming PFAS standards soon to be set by the EPA. BioLargo shares trade OTC under the symbol BLGO with a share price of about $.17 and a micro market cap of about $42 million.
The new man in charge of EPA has experiences with PFAS. We can therefore conclude that PFAS will continue to be an issue of high priority. PFAS is big business... Michael Regan Takes Charge of the EPA March 22 2021 “A former career EPA employee, Regan’s most recent position was as the Secretary of the North Carolina Department of Environmental Quality (NCDEQ) where he oversaw the biggest coal ash cleanup in the United States after reaching settlement with Duke Energy and the cleanup of the contamination of the Cape Fear River with per- and polyfluoroalkyl substances (PFAS) – so called “forever chemicals” that are highly toxic.” https://www.lexology.com/library/detail.aspx?g=32fbcddd-7bb8-4832-846e-5e50cf3493e2
BioLargo has the most effective and cost-efficient PFAS treatment solution. The current market cap of $50 Million is way too low considering the potential. PFAS is all over the news. In Orange County alone where BioLargo is headquartered the estimated the life cycle treatment costs are at 1.3 Billion.BioLargo’s AEC PFAS Removal System is being readied for its first commercial Pilot Projects with leading municipal water districts in Southern California and Wisconsin. PFAS is big business imo. BioLargo to Present at Virtual Investor Summit on March 25, 2021 at 1:30 PM ET CEO Dennis Calvertto Highlight the Company's Sustainable Technologies and Commercialization Traction https://irdirect.net/prviewer/release_only/id/4661335
BioLargo Year End 2020 Earnings Results Webcast and Conference Call Wednesday, March 31, 2021 - 5:00 PM Eastern Time Westminster, CA – March 30, 2021 https://biolargo.blogspot.com/2021/03/biolargo-year-end-2020-earnings-results.html
Big business ahead... "Broadly speaking, there are three main markets for PFAS water treatment in the U.S., each of which we intend to address in the coming years. The first is municipal water treatment – that is water which needs treatment for PFAS before it can be distributed to the public or water that must be treated from a wastewater treatment plant. Southern California, Michigan and Wisconsin may be hotbeds for this market, as the states have adopted stringent regulations on PFAS limits in drinking water and wastewater, and significant initiatives have begun to implement systems to address the problem. The second market is military bases, where the use of PFAS-containing fire-fighting foam has contaminated the soil and groundwater. These sites are numerous and have significant groundwater and soil contamination problems which regulators are likely to require remediation for in the coming years. The third market is treatment for water intake or outfalls of industrial facilities that use PFAS compounds in manufacturing and other industrial processes. Our first pilot projects are in municipal water treatment. As our engineers are already providing environmental engineering services on U.S. Airforce bases, we believe that work may lead to sales in that arena." https://last10k.com/sec-filings/blgo/0001437749-21-007650.htm#link_fullReport
Big news from the White House today. PFAS is big business... FACT SHEET: The American Jobs Plan March 31, 2021 Upgrade and modernize America’s drinking water, wastewater, and stormwater systems, tackle new contaminants, and support clean water infrastructure across rural America. Aging water systems threaten public health in thousands of communities nationwide. President Biden will modernize these systems by scaling up existing, successful programs, including by providing $56 billion in grants and low-cost flexible loans to states, Tribes, territories, and disadvantaged communities across the country. President Biden’s plan also provides $10 billion in funding to monitor and remediate PFAS (per- and polyfluoroalkyl substances) in drinking water and to invest in rural small water systems and household well and wastewater systems, including drainage fields. https://www.whitehouse.gov/briefing...2021/03/31/fact-sheet-the-american-jobs-plan/
