Peat Resources Limited Showcases Peat Pellets at South China Low-Carbon Fair
09 Noviembre 2011 - 10:41AM
Marketwired
Peat Resources Limited (PRL) (TSX VENTURE:PET) has showcased the
benefits of its peat fuel product to potential customers at the
2011 South China Low Carbon Fair, which ran from November 3-5, 2011
in Guangzhou, China. Global Perspectives LLC represented PRL at the
conference and engaged in dialogue with Chinese consumers of
low-carbon fuel, as well as key government officials, to solicit
interest in pelletized peat fuel as an alternative to coal. The
event was attended by thousands of representatives from various
industry groups from around the world who gathered to share ideas
and products that can contribute toward China's ambitious green
energy goals.
Of the hundreds of the exhibitors present at the event, PRL was
one of sixteen companies that were invited to present their product
to the Chinese media at the Release Meeting on the Information of
Domestic and Overseas New Low-Carbon Products, Technology Projects
and Buyers Purchase. Following the public presentation, PRL was
invited by provincial news outlet, Guangzhou TV, to give a candid
interview on how peat fuel's low-carbon impact over the product
life cycle and its high-energy output can benefit China.
PRL was successful in garnering attention for their peat fuel
project, celebrated with a public discussion with Guangzhou Vice
Mayor Chen Mingde and Mr. Zeng Kaizhang, President of the China
Council for the Promotion of International Trade (Guangzhou
Committee). The meeting was covered by dozens of news outlets
including Sohu, China's leading internet news portal; Phoenix
Media, one of Hong Kong's top news services; and Guangzhou TV.
PRL and Global Perspectives will now begin follow-up discussions
with numerous parties that demonstrated interest in peat fuel with
the goal of securing long-term fuel supply contracts with Chinese
power producers. Previously shipped quantities of peat test-samples
will be made available for testing in Chinese facilities to confirm
to potential consumers that peat pellets are a viable alternative
fuel for use in coal-fired power plants and other industrial
facilities.
PRL was formed to develop, produce and market peat fuel - a
sustainable bio-energy resource. The company is active in the
Canadian provinces of Ontario and Newfoundland & Labrador where
it holds certain rights to large peatland areas. Its innovative wet
harvesting process for production of peat fuel pellets is
demonstrated at a pilot plant in Stephenville (Newfoundland),
located close to deepwater ports suitable for international
shipping.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Peat Resources Limited Peter Telford 416 862-7885 416
862-7889 (FAX)peatfuel@peatresources.comwww.peatresources.com
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