OIL - CN Energy Group Secures Activated Carbon Order for $1.64 Million | Benzinga
LISHUI, China, Sept. 7, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, announced today that its wholly-owned subsidiary, Hangzhou Fulaisen Science and Technology Co., Ltd. closed on an order for activated carbon totaling RMB 12 million, equivalent to approximately US $1.64 million. Hangzhou Forasen Technology Co., Ltd. was recognized as the preferred supplier.
The activated carbon in the order has been independently researched and developed by CN Energy's corporate team and offers enhanced absorption capacity, electrical conductivity, and renewability. The Company believes this collaboration will encourage CNEY's corporate partners to further upgrade their technological capabilities which is expected to result in improved profitability and increase.
Ms. Xinyang Wang, CNEY's Board Chairwoman, commented, "We appreciate the trust of our clientele. We have guaranteed the timely fulfillment of the order, in addition to providing high-performance and reputable activated carbon commodities, along with ...