Change in U.S. Political Administration Bolsters Opportunities for CCTI
NEW YORK, NY / ACCESSWIRE / November 9, 2016 / Clean Coal Technologies, Inc., (OTC: CCTC) ("CCTI" or the "Company"), an emerging cleaner-energy company utilizing patented technology to convert untreated coal into a cleaner burning and more efficient fuel, today announced that the recent electoral vote in the US has overnight renewed confidence and opportunities in the landscape for the coal industry and related clean coal technologies in the US.
Management will host a webcast on Tuesday, November 15th 2016 at 12:00 PM EST to discuss these opportunities in more detail. Dial-in details will be posted on the CCTI website in advance of the call.
"The unwarranted assault on the coal industry over the last 24 months has made an abrupt change of course with the election of Donald Trump into the White House, and it has created significant opportunity for the coal industry to start rebuilding this vital energy source in the US, both for domestic production and consumption and also a start to rebuild the decimated export market," said Robin Eves President and CEO. "We, at CCTI, always maintained that the solution was in developing newer, more efficient technologies in order to reduce the carbon footprint of coal, and we are delighted to see an immediate and positive uptick in demand for, and interest in, our technology here in the US," added Mr Eves.
"This does not just impact the US coal market," added CCTI COO, Aiden Neary. "Management of CCTI have just returned from a visit to Australia where a major domestic coal producer has requested a strategic partnership with CCTI to deploy our technology across the Australian market. In conjunction with the ongoing due diligence being performed by the US strategic investor, this significantly expands opportunities for CCTI to deploy our tested and proven technology. Further details of this opportunity will be discussed on our webcast."
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
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, 2015 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 November 9, 2016