(Notícia em Inglês)
China Clean Energy Inc., a producer of biodiesel fuel and environmentally-friendly specialty-chemical products made from renewable resources, today announced its acquisition of Handan Guanxin Technology Ltd., ("Handan Guanxin Technology" or "Handan Guanxin"), a feedstock provider located in Hebei Province, the People's Republic of China. Handan Guanxin will become the Company's internal source of raw materials that it utilizes to produce its specialty chemicals and biodiesel products.
"We are pleased to announce an agreement to purchase Handan Guanxin Technology Ltd., an advanced technologies feedstock supply company. In making this acquisition, we have now secured a significant portion of our raw materials supply which will reduce the volatility of our production costs and lead to an increase in our bottom-line profitability," said Mr. Tai-ming Ou, China Clean Energy's Chairman and CEO.
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China Clean Energy Inc., a producer of biodiesel fuel and environmentally-friendly specialty-chemical products made from renewable resources, today announced its acquisition of Handan Guanxin Technology Ltd., ("Handan Guanxin Technology" or "Handan Guanxin"), a feedstock provider located in Hebei Province, the People's Republic of China. Handan Guanxin will become the Company's internal source of raw materials that it utilizes to produce its specialty chemicals and biodiesel products.
"We are pleased to announce an agreement to purchase Handan Guanxin Technology Ltd., an advanced technologies feedstock supply company. In making this acquisition, we have now secured a significant portion of our raw materials supply which will reduce the volatility of our production costs and lead to an increase in our bottom-line profitability," said Mr. Tai-ming Ou, China Clean Energy's Chairman and CEO.
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