CCTI to Commence the Commercialization of Their Technology, Meets With Top Government Agency in DC and Prepares To Move Plant to Permanent Location
NEW YORK, NY / ACCESSWIRE / April 8, 2016 / Clean Coal Technologies, Inc., (OTC: CCTC) ("CCTI" or the "Company"), an emerging cleaner-energy company utilizing patented technology to convert raw coal into a cleaner burning and more efficient fuel, today announced that they have completed their testing of their plant at AES Coal Fired Utility in Oklahoma. Once the current client visits are completed, CCTI will move the plant to a permanaent location where it will test thermal coals from around the world and build a world-class data base.
"The results of the testing have exceeded all our expectations and the clean and stable end product is truly a great achievement," said Robin Eves, President and CEO. "We now have the appropriate level of quality data and knowledge to commence the design and engineering on the first commercial module. Recent client visits have been very successful and we anticipate commercial contracts following the current due diligence to commence in May / June 2016," added Mr Eves.
"CCTI have scheduled visits for major projects in the Philippines, Indonesia and Singapore during the first week of May. Management also met with senior ranking officials in Washington DC and finally put our technology on the political map. Follow-up meetings are scheduled in Washington during the next ten days. The interest that is being generated in this ground breaking technology both from the private and public center really proves the tremendous value and global potential for CCTI and our technology," said President and CEO Mr. Robin Eves.
"The degree of flexibility of this technology and our modular design was a focul point at recent high level meetings in Washington DC as the technology not only cleans and dries coal but it can also be deployed at the front end for coal gasification plants providing an efficient, clean and conisistant feed stock to the process, potentially saving hundreds of millions of dollars. It successfully converts coal to liquids and can be a significant player in the activated carbon market and substantially change the economics with biomas, especially wood chips. Now that we are armed with hard test data we are fully equiped to successfully commercialize our technology," said Aiden Neary, COO.
About Clean Coal Technologies, Inc.
Clean Coal Technologies, Inc., a cleaner-energy technology company with headquarters in New York City, NY, holds patented process technology and other intellectual property that converts raw coal into a cleaner burning fuel. The Company's trademarked end products, "Pristine(tm)" coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal. The principal elements of the Company's pre-combustion technology are based on well-proven science and tried-and-tested industrial components. The Company's clean coal technology may reduce some 90% of chemical pollutants from coal, including Sulfur and Mercury, thereby resolving emissions issues affecting coal-fired power plants. For more information about Clean Coal Technologies please visit: www.cleancoaltechnologiesinc.com.
Forward Looking Statements
This release may include forward-looking statements related to CCTI's plans, beliefs and goals, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include, but are not limited to, statements about CCTI's plans, objectives, expectations and intentions with respect to future operations, its products, its ability to secure financing for its operations, the impact on the industry and other statements identified by words such as "will," "potential," "could," "can," "believe," "intends," "continue," "plans," "expects," "anticipates," "estimates," "may," and other words of similar meaning or the use of future dates. Additional details about CCTI's business and its operations that could affect CCTI's actual results are described in CCTI's filings with the Securities and Exchange Commission, including the "Risk Factors" that are part of its most recent annual report on Form 10-K for the year ended December 31, 2014 and in each of its subsequently filed periodic reports. All forward-looking statements in this release speak only as of the date of this news release. CCTI undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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SOURCE: Clean Coal Technologies, Inc.
Released April 8, 2016