InvestorsHub Logo

INVESTMENT1

01/10/11 7:16 PM

#1089 RE: Jackroch #1088

Under the agreement, Chongqing has committed to purchasing up to 3,000 MT per month of crude degummed canola oil from Clean Power's operating subsidiary and ship the oil to China where it will be refined into 'Refined Bleached and Deodorized' ('RBD') oil which is table ready. The refined oil will then be marketed under Chongqing's 'Red Dragon Fly Oil' brand, which is well established in the Chong Qing Region. The parties have agreed that Clean Power will initially supply Chongqing from its own inventory and through purchases from third party suppliers as it increases production facilities to bring all production sold to Chongqing in-house.

Based on a current estimated average price of US$1,320 per MT for crude degummed canola oil, the Company estimates the Agreement may average sales of 2,500 MT per month, or 30,000 MT per year, for gross proceeds of approximately US$39,600,000 per year. The Agreement has no termination date and may also lead to other business opportunities with Chongqing. Over the ten year minimum expected life of the Agreement, total sales are projected to exceed US$400 million.

To complete the agreement Clean Power Concepts will be hosting a formal delegation from Chongqing within the next 60 days which will be comprised of private company officials and Chinese state representatives.

About Chongqing Grain Group Co. Ltd.

The Chongqing Grain Group Co. Ltd. (the 'Group') is located in Chong Qing, which is the youngest municipality in China and the economic and financial center of the upper reaches of the Yangtze River. The Group owns 51 subsidiaries and has 21,507 employees. Total assets of the Group have reached 6.1 Billion Yuan Renminbi ('RMB'), or approximately US$920 million. The Group has abundant storage facilities, a developed logistics system, an integrated market network, efficient management and excellent marketing groups. The quality of the Group's three brands - 'Red Dragonfly' cooking oil, 'Ren He' rice and 'Ren Ji' flour - have earned a high reputation in China. More information about The Group is available at www.cqgrain.com. Address: Chongqing Grain Group Co. Ltd., Fourth Floor, Lin Hua Huan Dao Ming Du, No. 13 Ba Yi Road, Yu Zhong District, Chong Qing, China 400010.

INVESTMENT1

01/10/11 7:29 PM

#1090 RE: Jackroch #1088

REGINA, Saskatchewan, Dec. 30, 2010 /PRNewswire via COMTEX/ -- Clean Power Concepts Inc. ('Clean Power' or the 'Company'), (OTC Bulletin Board: CPOW | PowerRating), reported today that CEO Michael Shenher has accepted an invitation to speak at the 1st Annual World Congress of Bioenergy to be held in Dalian, China.
The 1stAnnual World Congress of Bioenergy-2011(WCBE-2011) will be held from April 25 - 29, 2011 in Dalian, China and will include keynote speeches from 10 Nobel Prize Laureates. Other experts who will be speaking at the Congress include:
Dr. Mark Stowers,Senior Vice President, Science & Technology, POET, USA
Dr. Bill Haywood,CEO, LS9, USA
Dr. Wes Bolsen,CMO & VP, Government Affairs, Coskata, Inc., USA
Mr. Thomas A. Byrne, CPA, President and CEO, Byrne & Company, Limited, USA
Dr. John E. Hamer, Managing Director, Burrill & Company, USA
Dr. Per Falholt,Executive Vice President and CSO for Research & Development, Novozymes, Denmark
Dr. Heinz Kopetz,Chairman Aebiom, European Biomass Association, Austria
Dr. Al Bryant,Vice President, Boeing Research and Development Department, China
Dr.Carl Kukkonen,CEO, VIASPACE Inc., USA
Dr. Jean-Paul Lange,Principal Scientist, Shell Global Solutions, Netherland
Dr. Manoj Kumar,Director, Science & Technology, Global New Business Development DSM White Biotechnology, USA
Mr. Shenher's expertise in bioenergy production, technology and marketing will be presented in one of the following sessions planned for the Congress:
Track 4: Bioethanol and Next Generation Bioalcohol:
Track 4-1: Development of Ethanologenic Bacteria
Track 4-2: Highly Efficient Enzymes for Lignocellulosic Biomass Unilizations
Track 4-3: Developing Cost Competitive Cellulosic Ethanol
Track 4-4: 3rd Generation of Bioalcohols/Biofuel
Track 4-5: 4th Generation of Bioalcohols/Biofuel
More information about the Congress can be found at: www.bitlifesciences.com/wcbe2011
ADDITIONAL NEWS: APPOINTMENT OF CHINA AGENT:
Clean Power is also pleased to announce the appointment of Mr. James B. Yuan as its primary agent to expand sales in China.
CEO Michael Shenher commented, "James is a highly respected business leader in China and we expect his appointment will help us cement relationships, open doors and create links in the Chinese agri-food industry. James is now working to expand our sales base in China and we're proud to have him on our team."
Mr. Yuan earned a B.A. from Huazhong Normal University in China in 1991 and his professional experience includes:
WUHAN HAITONG SHIPPING AND LOGISTICS COMPANY LTD.

CEO & President

1996 to present

CHINA CHANGJIANG NATIONAL SHIPPING GROUP

Shipping Coordinator

1994 to 1996

CITY OF WUHAN - DEPARTMENT OF TRANSPORTATION

Transportation Coordinator

1991 to 1994

Mr. Yuan's office is located at:

James B. Yuan

CEO & President

Wuhan Haitong Shipping and Logistics Company Ltd.

Xin Hongji Garden Suite 1507, No. 6 Qiuchang Street

Jiangan District, Wuban, Hebei 430017