American Jianye Greentech, Guangdong Mao Enterprise Petroleum ink alcohol fuel pact

In New York and China, American Jianye Greentech Holdings announced it has signed a 45,000 tons per year contract for 3 years with Guangdong Mao Enterprise Petroleum.  Mr. Mr. Haipeng Wang, Chairman and CEO, commented that the contract will generate over $3 million in net profit a year.  Guangdong will market American Jianye’s unique alcohol-based fuels to its existing fuel stations customers in Guangxi.