Sino Clean Energy begins construction of 300,000-Ton CWSF facility

Source: Sino Clean Energy Inc. 

Sino Clean Energy Inc. (Nasdaq: SCEI) a leading producer and distributor of coal-water slurry fuel (CWSF) in the People's Republic of China, announced that its new CWSF production facility located in Guangdong, China has commenced construction and is expected to begin operations in December 2010. 

The new CWSF production facility will have an annual output capacity of 300,000 metric tons and is expected to expand the Company's total annual production capacity to 1,150,000 metric tons by December 2010. Sino Clean Energy has already reached CWSF supply agreements with some large CWSF customers in Guangdong province. Sino Clean Energy is targeting large CWSF customers in Guangdong, as the province is one of the most economically developed in China. The province also holds the greatest amount of Small and Medium Enterprises (SME), and the largest consumer capacity for CWSF, in China. 

Baowen Ren, Chairman of Sino Clean Energy, said, "We believe Guangdong is an ideal location for expanding our capacity based on the area's growing market demand for our coal-water slurry fuel, and supported by the government's effort to reduce carbon dioxide emission and increase energy yields. We expect that this new facility will represent approximately 35% growth in annual production capacity, and will be a key growth driver in 2011." 

For the most up to date and in-depth information on the Coal Generation market visit PennEnergy's comprehensive Research area to access industry focused Reports.

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