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RSSV Positioned at the Forefront of China’s Environmental Reform Efforts
China’s booming oil and gas markets, as well as increasingly stringent environmental reform, have placed Resort Savers, Inc. (OTCQB: RSSV) in a great position to realize tremendous growth in the coming years.
Through a $2 million investment, RSSV recently acquired a 20 percent interest in Worx America, Inc., a developer of automated engineered solutions for industrial, environmental and energy industries, including exclusive rights to the company’s proprietary technologies in China. By helping companies reduce oil waste sludge creation and decrease tanker cleaning times, RSSV provides the industry with an enhanced solution to both production and environmental concerns.
While China has developed a bit of a reputation for its lax approach to environmental issues in the past, recent talks with international leaders have initiated multiple changes to the country’s approach to industrial pollution in general. According to a report from USA Today, China has agreed to stop increasing its emissions by 2030, but leaders are intent on doing so without hampering the growth of what is one of the world’s largest economies.
As environmental pressures ramp up, the country is continuing to grow its oil and gas drilling industry at record rates. Reports from IBISWorld indicate that the industry’s annual growth over the past five years has been recorded at 14.6 percent annually. RSSV, through Worx America’s environmental technologies, has positioned itself to capitalize on the growing market as industry leaders begin to search for more ecofriendly ways to increase drilling and refining capacity.
Through access to new market share in China, the company expects to increase awareness of Worx America’s unique technologies, which will be of massive benefits to RSSV’s efforts to remain at the forefront of the expanding industry. As the world’s largest population continues efforts to clean up a growing industry, look for RSSV to encounter significant growth while establishing itself as a leader in the increasingly environmentally-friendly Chinese oil drilling and refining industries.
For more information, visit www.resortsaversinc.com and www.worxamerica.com
