China Energy Recovery Announces the Official Operation of a New Sulfuric Plant with a Built-in Waste Heat Recovery System
(OTC Bulletin Board: CGYV) (ISIN: US16943V2060; “CER”), a leader in the waste
heat energy recovery sector of the industrial energy efficiency industry,
announced today that a new sulfuric acid plant (the ”New Plant”) of Sichuan
Chemical, which CER designed and supplied its waste heat recovery system and
other equipment for in 2008, started the official operation on
earthquake occurred, is one of the largest synthetic ammonia and nitrogen
fertilizer producers in
The New Plant is designed to produce 300,000 tons of sulfuric acid
annually and generate 52.8 tons of steam per hour from waste heat energy
captured during production. The steam is reused in the production process. The
utilization of the steam generated roughly translates to 10MW power generation
capacity. This project has enabled Sichuan Chemical to expand its production
capacity while improving energy efficiency and meeting mandated environmental
requirements. The New Plant is expected to achieve an annual saving of roughly
23,800 tons of coal (coal equivalent), which would otherwise be required to
produce the same amount of power, and subsequently the reduction of roughly
63,200 tons of carbon dioxide emission each year.
CER has again demonstrated its strong design and engineering capability to
build new chemical plants and integrate energy recovery technology into the
plants so as to help the industrial customers improve energy efficiency and
What is Waste Heat Energy Recovery?
Industrial facilities release significant amounts of excess heat into the
atmosphere in the form of hot exhaust gases or high-pressure steam. Energy
recovery is the process of recovering vast amounts of that wasted energy and
converting it into usable heat energy or electricity, dramatically lowering
energy costs. Energy recovery systems are also capable of capturing harmful
pollutants that would otherwise be released into the environment. It is
estimated that if energy currently wasted by all the U.S. industrial
facilities could be recovered, it could produce power equivalent to 20% of U.S.
electricity generation capacity without burning any additional fossil fuel,
and could help many industries to meet stringent environmental regulations.
About China Energy Recovery, Inc.
CER is an international leader in designing, manufacturing and installing
waste heat energy recovery systems which provide facilities with greater
energy efficiency. The company’s primary focus is on the Chinese market.
CER’s technology captures industrial waste energy to produce low-cost
electrical power, enabling industrial manufacturers to reduce their energy
costs, shrink their emissions footprint, and generate sellable emissions
credits. CER has deployed its systems throughout
international markets as
numerous industries in which a rapid payback on invested capital is achieved
by its customers, including: chemical, paper manufacturing, refining
(including methanol refining), etc. CER continues to invest in R&D and plans
fabrication facility to allow it to meet the increased demand for its products
and services. For more information on CER, please visit:
http://www.chinaenergyrecovery.com/s/Home.asp . Information on CER’s website
does not comprise a part of this press release.
Forward-Looking Statement Disclaimer
This press release includes “forward-looking statements” within the
meaning of the Securities Litigation Reform Act of 1995, as amended. All
statements, other than statements of historical fact, included in the press
release that address activities, events or developments that CER believes or
anticipates will or may occur in the future are forward-looking statements.
These statements are based on certain assumptions made based on experience,
expected future developments and other factors that CER believes are
appropriate under the circumstances. Such statements are subject to a number
of assumptions, risks and uncertainties, many of which are beyond the control
of CER and may not materialize, including, without limitation, the efficacy
and market acceptance of CER’s products and services, and CER’s ability to
successfully complete orders and collect revenues therefrom. Investors are
cautioned that any such statements are not guarantees of future performance.
Actual results or developments may differ materially from those projected in
the forward-looking statements as a result of many factors. Furthermore, CER
does not intend (and is not obligated) to update publicly any forward-looking
statements, except as required by law. The contents of this release should be
considered in conjunction with the warnings and cautionary statements
contained in CER’s filings with the SEC, including CER’s Current Report on
Form 8-K filed with the Securities and Exchange Commission on
For more information, please contact: Media Sean Mahoney Tel: +1-310-867-0670 Email: firstname.lastname@example.org Investor Relations Jim Blackman Tel: +1-713-256-0369 Email: email@example.com
SOURCE China Energy Recovery, Inc.