China Chemical Receives Three Patents for On-Site Enhancements
09 Mars 2011 - 1:00PM
China Chemical Corp. (OTCBB:CHCC) ("China Chemical" or the
"Company"), a manufacturer of organic chemicals used in a broad
spectrum of industrial and consumer goods applications, announced
today that the Company has been issued three separate patents for
proprietary technologies the Company uses in daily operations.
The patents relate to China Chemical's integrated wastewater
treatment unit, tail gas absorber, and improved dust and gas
protecting mask, all of which were developed internally by the
Company's staff. The patents were significant factors contributing
to the Company's qualification as a High-Tech Enterprise as well as
maintaining its high standard of safety.
Commenting on the announcement, Mr. Lu Feng, Chairman and CEO of
China Chemical, said: "Our plants have an outstanding safety and
quality track record, and our staff are always seeking ways to
innovate and improve the efficiency and safety of our facilities.
Our three new patents are a testament to the employees of China
Chemical and highlight the achievements of those involved in the
innovation process."
About China Chemical Corp.
China Chemical Corp. is a Zibo City, China-based manufacturer of
organic chemical compounds used in high-performance plastics, PVC,
elastic fibers, paints, tires, insulation, flooring, adhesives,
medicines, food processing, ink, and paper. The Company's primary
products are Phthalic Anhydride (PA) and Maleic Anhydride (MAH),
which have a wide variety of applications in the construction,
automotive, aviation, marine, and consumer goods industries. China
Chemical currently has the capacity to produce 60,000 tons of MAH
and 50,000 tons of PA annually. The Company began site development
in October 2010 for a 50,000-ton-capacity 1,4 butanediol (BDO)
co-generation plant.
For more information about China Chemical Corp., please visit
the Company's website at http://www.chinachemicalcorp.com.
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
current expectations, estimates and projections about the Company's
industry, management's beliefs and certain assumptions made by
management. Readers are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject
to certain risks, uncertainties and assumptions that are difficult
to predict. Because such statements involve risks and
uncertainties, the actual results and performance of the Company
may differ materially from the results expressed or implied by such
forward-looking statements. These risks and uncertainties include,
among other things, product demand, market competition, and risks
inherent in our operations. Given these uncertainties, readers are
cautioned not to place undue reliance on such forward-looking
statements. Unless otherwise required by law, the Company also
disclaims any obligation to update its view of any such risks or
uncertainties or to announce publicly the result of any revisions
to the forward-looking statements made here. For additional
information, readers should carefully review reports or documents
the Company files periodically with the Securities and Exchange
Commission.
CONTACT: Investor Relations:
Gary Eelman
RedChip Companies, Inc., Ext. 130
Tel: +1-800-733-2447
Email: info@redchip.com
Jing Zhang, Chief Representative
RedChip Companies Beijing Office
Tel: +86 10-8591-0635
Web: http://www.RedChip.com
China Chemical (CE) (USOTC:CHCC)
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