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China Energy Recovery to Present at SIG Second
Annual Beijing Management Summit
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Sep 10, 2008
China Energy Recovery, Inc. (OTCBB:CGYV ("China Energy
Recovery" or "CER"), a leader in the waste-heat recovery sector of
the alternative energy industry, announced that the company will be
presenting at the SIG Second Annual Beijing Management Summit. The
conference is to be held on September 10 - 12, 2008 at Grand Hyatt
Hotel in Beijing, China.
Presenting at the SIG conference will be Mr. James Zhao, who is
joining China Energy Recovery to serve as CTO of Shanghai Hai Lu Kun
Lun Hi-tech Engineering Co., Ltd., an operating affiliate of CER.
Mr. Zhao possesses a long and distinguished technical and sales
career in the chemicals industry, most recently with Ashland (China)
Company Ltd., a leading U.S. specialty chemicals company. Prior to
Ashland, Mr. Zhao spent many years with Monsanto (China), where he
worked closely with China Energy Recovery and its waste-heat
recovery systems.
¡°We are very fortunate to have such a highly qualified addition to
our team in James Zhao, and we¡¯re pleased that he¡¯ll be able to
represent CER at such a prestigious conference,¡± stated Mr. Qinghuan
Wu, CEO of China Energy Recovery.
China Energy Recovery will present at 9:00 a.m. Beijing time on
September 10, 2008. Mr. Qinghuan Wu, CEO of China Energy Recovery,
and Mr. James Zhao will be available to answer questions and have
one-on-one meetings with investors and analysts during the three-day
conference.
James Zhao, CTO, joins China Energy Recovery from a position as
National Sales Manager for Ashland (China) Company Ltd., a leading
US specialty chemical company. Mr. Zhao was responsible for the
Sales & Marketing for the unsaturated resin in China as well as the
daily operation of the Performance Material Division. During this
time, Ashland Performance Material business in China grew more than
600%. Prior to joining Ashland, Mr. Zhao worked for many years at
Monsanto (China), a leading US chemical company, specializing in
sulfuric acid processes. Mr. Zhao successfully sold several projects
including the Zhangjiagang 3,000mtpd sulfuric acid plant with heat
recovery system. Mr. Zhao earned a master¡¯s degree in Business
Administration from Washington University and his Bachelor of
Science Degree in Fine Chemicals from the East China University of
Chemical and Technology.
What is Waste Heat Energy Recovery?
Industrial facilities and power plants release significant amounts
of excess heat into the atmosphere in the form of hot exhaust gases
or high-pressure steam. Energy recovery is the process of recovering
vast amounts of that wasted energy and converting it into usable
electricity, dramatically lowering energy costs. Energy recovery
systems are also capable of capturing the majority of carbon
emissions and other harmful pollutants that would otherwise be
released into the environment. It is estimated that energy recovery
systems installed in U.S. industrial facilities could produce up to
20% of U.S. electricity needs without burning any additional fossil
fuel, and could help many industries to meet stringent environmental
regulations.
About China Energy Recovery, Inc.
CER is an international leader in energy recovery systems, with a
primary focus on the Chinese market. CER's technology captures
industrial waste energy to produce low-cost electrical power,
enabling industrial manufacturers to reduce their energy costs,
shrink their emissions footprint, and generate sellable emissions
credits. CER has deployed its systems throughout China and in such
international markets as: Egypt, Turkey, Korea, Vietnam and
Malaysia. CER focuses on numerous industries in which a rapid
payback on invested capital is achieved by its customers, including:
chemical, petro-chemicals, refining (including Ethanol refining),
coke processing, and the manufacture of paper, cement and steel. CER
continues to invest in R&D and plans to build China's first
state-of-the-art energy recovery system research and fabrication
facility to allow it to meet the increased demand for its products
and services. For more information on CER, please visit:
http://www.chinaenergyrecovery.com/s/Home.asp. Information on CER's
website does not comprise a part of this press release.
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