Navigation Links
China Clean Energy Updates Business Outlook
Date:6/27/2008

FUQING, China, June 27 /Xinhua-PRNewswire-FirstCall/ -- China Clean Energy Inc. (OTC Bulletin Board: CCGY) ("China Clean Energy", the "Company"), a leading producer of environmentally-friendly specialty chemical products made from renewable resources in The People's Republic of China, today announced that it continues to make progress in finding alternative markets for its specialty chemical products and that it continues to evaluate options that would allow it to resume biodiesel production.

Since halting biodiesel production in March 2008, the Company has been seeking alternative markets in China for its specialty chemical products, including selling standard monomer acid, a biodiesel substrate, to environmentally friendly paint producers. Monomer acid has a very similar chemical composition to biodiesel and benefits from the fact that its pricing is not regulated by the government, thus allowing the Company to pass on any increases in raw material costs to its customers.

With respect to the Company's suspended biodiesel operations, the Chinese government's recent decision to increase the selling price of diesel by RMB 1,000 per metric ton to RMB 7,300 per metric ton (including 17% Value Added Tax) has not been sufficient to allow the Company to restart biodiesel production due to the current prices of waste cooking oil and waste vegetable oil, which have risen from RMB 3,600 per ton to around RMB 5,000 per ton since March 2008. The Company, however, is currently seeking to secure these raw materials from suppliers in Malaysia and Indonesia, where prices have yet to increase as dramatically as they have in China (currently RMB 4,300 per ton). These discussions, however, remain preliminary, and no assurances can be given that the Company will be able to secure any raw materials from these suppliers at prices that would allow the resumption of biodiesel production.

"We are hopeful with the possibility of restarting our biodiesel productio
'/>"/>

SOURCE China Clean Energy Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. China-Biotics, Inc. to Supply Probiotics to Pharmaceutical Company
2. Kiwa Bio-Tech Receives Authorization From the Ministry of Commerce of the Peoples Republic of China to Wholesale Other Fertilizer Manufacturers Products
3. Covance and WuXi PharmaTech to Form a Joint Venture to Provide World-Class Preclinical Services in China
4. Beike Biotech Opens Comprehensive Stem Cell Storage and Processing Facility in China
5. PacificGMP to Merge With Pacific Biopharma Group and Create Innovative US-Compliant cGMP Contract Biomanufacturing Facility in China
6. Immtech Pharmaceuticals and Beijing Capital Medical University Announce Joint Venture to Provide Contract Research Services in China
7. ProMetic announces Octapharma publication of PRDTS prion removal resin in Octaplas(R) manufacturing process at 30th International Congress of the International Society for Blood Transfusion meeting in Macao SAR, China
8. China Sun Group High-Tech Co. Completes Share Exchange to Create 100% Ownership in DLX Subsidiary
9. Access Licenses ProLindac(TM) to Jiangsu Aosaikang Pharmaceutical Co., LTD., a Leading Oncology Pharmaceutical Company for Manufacturing, Development and Commercialization in the Greater China Region
10. China Kangtai Cactus Biotech Announces Improved Milk Production in Cows From Companys Cactus Cattle Feed
11. China Pharma Holdings, Inc. Closes $10 Million Financing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2014)... Lawrence Livermore National Laboratory Director ... Friday renewed their institutional commitment by signing a ... to expand the collaborative work in the areas ... energy and environmental sciences. , This renewal represents ... in December 2009 and is a framework to ...
(Date:9/22/2014)... Jose, California (PRWEB) September 22, 2014 ... Chitin and chitosan are natural biopolymers available in ... extracted from easily available resources such as shells ... and chitosan is mainly due to the high ... cellulose. Chitosan finds application in various industries owing ...
(Date:9/22/2014)... Mass. and TORONTO ... Corporation ( www.generex.com ) (OTCBB:GNBT) today announced that ... Health Network (UHN) pursuant to which UHN,s Centre ... the Company,s buccal insulin refinement project.  The goal ... bioavailability of Generex Oral-lyn™, the Company,s proprietary buccal ...
(Date:9/22/2014)... , September 22, 2014 The ... a mixed note as the Dow Jones Industrial Average ... closed at 4,579.79, down 0.30%. The S&P 500 finished ... session, six out of ten sectors finished on a ... ended the day at 751.48, up 0.10%, with the ...
Breaking Biology Technology:Lawrence Livermore Renews Pact with Georgetown University to Expand Research and Education in Science and Policy 2Emergence of New Application Areas to Drive the Global Chitin and Chitosan Market, According to New Report by Global Industry Analysts, Inc. 2Emergence of New Application Areas to Drive the Global Chitin and Chitosan Market, According to New Report by Global Industry Analysts, Inc. 3Generex Collaborates with University Health Network for Buccal Insulin Project 2Generex Collaborates with University Health Network for Buccal Insulin Project 3Generex Collaborates with University Health Network for Buccal Insulin Project 4Stock Updates on Biotech Industry - Array BioPharma, Enzon Pharma, Alkermes, Amarin, and Synergy Pharma 2Stock Updates on Biotech Industry - Array BioPharma, Enzon Pharma, Alkermes, Amarin, and Synergy Pharma 3Stock Updates on Biotech Industry - Array BioPharma, Enzon Pharma, Alkermes, Amarin, and Synergy Pharma 4Stock Updates on Biotech Industry - Array BioPharma, Enzon Pharma, Alkermes, Amarin, and Synergy Pharma 5
... gave about $400,000 worth of software to Lad ... and their families. Rob Busch, enterprise sales manager for ... the non-profit's Synergy School in Milwaukee for the formal ... upgrade Lad Lakes network and software infrastructure, including the ...
... NimbleGen Systems Inc. closed its latest, $8.2 ... to $50 million, the company said. , ,The company makes ... have thousands of individual genetic samples on them arranged in ... of DNA and do comparisons. , , Cargill Ventures ...
... in the next ten years, according to a proposal that ... the Senate for a vote this month. State Senator Joe ... Wisconsin that would be regulated similarly to airports. , ,Leibhams ... regulate private space travel in the area, receive any potential ...
Cached Biology Technology:Space port could open in Sheboygan in next 10 years 2Space port could open in Sheboygan in next 10 years 3
(Date:9/22/2014)... vanished from tropical islands because of human impact, ... fossils can be used to restore lost biodiversity. ... found in fossil bones, which contain evidence for ... study available online and in the September issue ... island ecosystems provide vital clues for saving endangered ...
(Date:9/22/2014)... crop by-products such as straw could be made quicker ... the UK and France. , Researchers funded by ... discovered variant straw plants whose cell walls are more ... not significantly smaller or weaker than regular plants. ... food security as biofuels from non-food crops become easier ...
(Date:9/22/2014)... Brain & Behavior Research Foundation today ... Investigator Grants valued at more than $12.7 ... promising young scientists. Recipients of the $30,000+/year, ... seek to identify causes, improve treatments and ... affect one in four people, including anxiety, ...
Breaking Biology News(10 mins):Answer to restoring lost island biodiversity found in fossils 2Plant variants point the way to improved biofuel production 2Brain & Behavior Research Foundation awards 200 NARSAD Young Investigator grants 2
... from UC San Diego are collaborating with scientists ... to map patterns of biodiversity and land use ... combined with climate models, will project how climate ... policy for setting aside conservation easements. Wildlife, ...
... the biggest challenges facing humanity is to halt the destruction ... task that must be urgently addressed and in which we ... is our duty to do all we can for the ... researchers Harold Mooney and Peter Raven, regarded as the architects ...
... In a recent paper published in Nature Geoscience (*), ... Centre for Geosciences, Potsdam and her Danish colleague Nils ... that motions in the fluid in the Earths core ... effects the magnetic field of our Planet. ...
Cached Biology News:Biodiversity maps developed by UCSD scientists will help guide conservation measures in East Africa 2Biodiversity maps developed by UCSD scientists will help guide conservation measures in East Africa 3BBVA Foundation Awards for Biodiversity Conservation 2BBVA Foundation Awards for Biodiversity Conservation 3BBVA Foundation Awards for Biodiversity Conservation 4
... The Thermo Sequenase Dye Primer Manual ... used with fluorescent dye-labeled primers and high-resolution ... step followed by standard slab gel electrophoresis ... fluorescently tagged sequencing products. The kit ...
Rabbit polyclonal to Esa1 ( Abpromise for all tested applications)....
... records analyzes and reports the data from any ... the a chart recorder. The final data is ... The end-point selection is automatic for Systolic, Mean, ... computed. The user is always in the position ...
... EIA Principle: Glutathion-S-transferases (GST) ... are involved in the detoxification processes. ... subgroups: Alpha, Mu, Pi, Teta and ... physiochemical, immunological, enzymatic and s Sample ...
Biology Products: