Greenbelt Resources Corporation announced that it has signed a Letter of Intent (LOI) with a waste-to-bioproducts company located in New York. The New York company plans to utilize Greenbelt’s proprietary patent-pending membrane dehydration technology in its waste-to-bioproducts project through a lease arrangement. Similar to Greenbelt’s ECOsystem model, the project, located in New York, uses cutting edge technology to convert food production wastes into various biobased products such as bioethanol and high protein animal feed additive. However, the project does not currently include ethanol dehydration capability. Adding a Greenbelt dehydration module will provide the project with the ethanol dehydration capability need to produce biofuel.