Clean Coal Technologies, Inc. Announces Completion of Its Test Plant and Scheduled Move to AES Utility for Final Independent Testing
NEW YORK, NY -- (Marketwired) -- 08/06/15 -- Clean Coal Technologies, Inc., (OTCQB: 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 completion of the fabrication of its Test Plant in Muskogee, Oklahoma. The plant will undergo final electrical testing before being transported to the AES coal-fired utility in Shady Point, Oklahoma. The move is scheduled for the week of August 17, 2015 with completion expected by August 21, 2015.
"Completion of our fabrication test plant is a major milestone for the Company and one that we have worked tirelessly towards for many years," said Robin Eves, CEO and President of CCTI. "It brings us to the final stage of validating our unique and patented technology, to where we are independently tested at the AES facility. We would like to thank our entire team for their hard work and perseverance in helping our Company achieve this milestone."
The testing is expected to take six to eight weeks to complete. International interest in our clean coal technology continues to grow as many of the largest Asian countries continue to increase their dependence on coal. In the United States, the Company continues to see a fast moving landscape wrought with challenges and issues in the coal production space. CCTI fully supports the domestic coal industry but is disappointed to see the recent struggles that major coal producers are facing. CCTI maintains that the need for a reliable and cost effective technology that can support domestic coal production is more important than ever in the face of continued regulatory pressure. The Company believes it shares an environmental and economic social responsibility to complete testing and deploy its technology to ailing US coal companies.
Continuing, Robin Eves stated, "We believe that after several years of science and design by one of the world's leading engineering firms, we may have a solution to some of the immediate issues facing U.S. coal. We will be releasing updates in the coming weeks that will demonstrate the need for a cleaner coal solution and our ability to deliver on this dire need through our core technology."
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, 2013 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.
For More information please contact:
Clean Coal Technologies, Inc.
295 Madison Avenue, 12th Floor
New York, NY 10017
Phone: (646) 727-4847
Source: Clean Coal Technologies, Inc.
Released August 6, 2015