Clean Vision Corp (CLNV)

[Steve1978]

Weekly Update

Clean Seas /PPI Binding Term Sheet Highlights

Under the terms, Clean Seas Turkey is to:
• Manage construction, operations, contractors, finances and off-take customers for pyrolysis oil, AquaHtm hydrogen, char, and lubricants for a 150 tons-per-day (TPD) pyrolysis facility -- with potential for expansion.
• Hold a controlling stake in the resultant jointly owned entity.
• Secure the needed capital to begin operations of 150 TPD.

Pax Petrochem Istanbul is to:
• Provide suitable land to support 150-TPD processing, and additional land for expansion if later agreed upon.
• Obtain all licenses and permits as required and secure tax incentives if available.
• Source feedstock and assist with off-take agreements.
• Ensure compliance with Basel Convention rules for the responsible storage and recycling of feedstock coming from other nations.

Source: https://greenstocknews.com/news/otcmkts/clnv/clean-vision-s-clean-seas-signs-term-binding-sheet-with-turkish-o-g-project-dev-firm-to-establish-pcn-pyrolysis-plant-clean-seas-and-pax-petrochem-to-pursue-building-150-tpd-facility-in-turkey?fbclid=IwAR1NDNs2IkWdP6bzTSXrR15VMgx4CLihuS5uNsRAUfeSNp6am_1L7AeT2K0

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