America Asia Petroleum Corp. (fka AAPU)

[poster44ny]

Accel Energy Group Announces Major Launch Into Road Construction Projects in China


Accel Energy Group announced today a major launch into road construction projects in China with its new product SAB. SAB is a binder ingredient that is used in asphalt. The product is derived from oil shale, and makes roads more durable so they last longer.

China is planning an extensive highway system that will link all provinces and major economic centers. The estimated annual budget expenditures for China's road construction are projected to be 10.8 billion dollars with annual increases of about 2-4 billion dollars.

Anthony Chirico, CEO of Accel Energy Group, stated, "This is an exciting time for AGYG. Our company has been cultivating relationships in China since 1985, and we are positioned to expand this market after years of general building and road construction. AGYG owns the SAB patent pending and currently has plans in place to manufacture the product in China."

Posted 22nd July 2005