In China, China New Energy announced that it has entered into an contract with Jilin Province New Tian Long Alcohol Co., Ltd. (“NTLA”) to provide specialist technology and services to assist in building a new, Second Generation, 50,000 tonnes per year biorefinery. NTLA is one of the largest ethanol producers in China and they have […]
In Nigeria, China New Energy has signed an MOU with Sunbird energy to immediately begin designing a 100,000 ton per year cassava-based ethanol plant, with plans to develop others together in the future. The $24 million plant will produce 110 million liters of ethanol annually. As many as nine other plants could be developed during […]
In China, China New Energy subsidiary Guangdong Zhongke Tianyuan New Energy Science and Technology (ZKTY) has entered a strategic agreement with Jilin Ethanol Industrial and Jilin City Keda Applied Technology Development to form a joint venture company, Jilin Tianyi Biochemical Development. The JV will exploit and commercialize technology and engineering solutions in the field of […]
In the UK, China New Energy has raised $1.05 million on its placement on the Alternative Investment Market in London at 10 cents per share. The company aims to use the IPO as a way to attract attention and new investors as it seeks to participate in new green ventures and buy into undervalued ones.
