Tom Shreve, International Businessman and Lawyer, Joins the Board Of Directors of Clean Coal Technologies Inc.
NEW YORK, NY / ACCESSWIRE / November 16, 2015 / Clean Coal Technologies, Inc., (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 the nomination of Mr. Tom Shreve to serve as a member of the Board of Clean Coal Technologies Inc.
Mr. Thomas W. Shreve moved from California to Indonesia in 1991 to serve as country representative for New York-based law firm Milbank, Tweed, Hadley & McCloy, and over the succeeding 24 years has been a leading transaction execution specialist and business executive in Indonesia.
Tom has managed some of the more significant transactions recently undertaken by Indonesian companies, including the permanent acquisition financing and subsequent sale of Berau Coal Energy, and the acquisition of Inter Milan Football Club by a group of Indonesian businessmen. He served as an officer of Berau Coal Energy and as a non-executive director of Inter Milan Football Club.
As a lawyer in Jakarta affiliated with Milbank in the early 1990s, Mr. Shreve advised the issuers in the first New York Stock Exchange listing by a private sector Indonesian company, as well as the first U.S. public bond issue by a private sector Indonesian company. As an investment banker, he advised the Indonesian Government in the sale of distressed assets in the aftermath of the Asian Financial Crisis of 1997-98. He served as Chief Executive Officer of Recapital Investment Group from 2009-14 and of Acuatico Pte. Ltd., a water infrastructure company, in 2014-15.
"I believe the Pristine technology can be propagated in South and East Asia with great commercial success, and will focus my efforts as a Director on achieving this," said Mr. Shreve of his appointment to the Board. "Coal-fired electric power generation is critical to poverty reduction and improvement in the quality of life in China, India and Southeast Asia. Hundreds of thermal power plants have recently been built in the region, and renewable sources cannot take their place for a considerable time. CCTI has the only viable technology to mitigate the environmental effects of this fact of life."
A member of the California Bar, Mr. Shreve earned his J.D. degree at Northwestern University School of Law in Chicago.
We are thrilled to have Tom accept a position on our Board. Tom will be an invaluable member and a significant asset in assisting the company in our roll out in South and East Asia and particularly in Indonesia where there is very strong interest and need for our technology. This is a critical time for the company and Tom will help guide us through the many transactions anticipated in the region.
For more information, please contact:
Clean Coal Technologies, Inc.
295 Madison Avenue, 12th Floor
New York, NY 10017
Phone: (203) 918-7706
SOURCE: Clean Coal Technologies, Inc.
Released November 16, 2015