SOFSF - CleanGo Innovations Unveils Proprietary 'CDP': A Green Solution for Industrial Challenges
(TheNewswire)
Vancouver, B.C. – TheNewswire - January 24,2024 - CleanGo Innovations Inc. (CSE:CGII), (OTC:CLGO.F), (FRA:APO2),proudly announces the development of a new cleaning producttemporarily named, 'CDP’, by its wholly owned subsidiary, CleanGoGreenGo. This innovative product is believed to be a unique offeringin the industrial cleaning landscape with its proprietary formula andeco-friendly approach.
Industrial Focus of CDP: Thenewly developed 'CDP', a versatile multi-use powder, is particularlydesigned for scenarios where traditional liquid cleaning solutionsfall short. CleanGo Innovations is in collaboration with a leadingNational Marketing firm to introduce 'CDP' to the market, targetingboth retail and industrial sectors by late Q1, 2024.
Re Imagining Oil and GasRecovery: In a recent trial in Dallas, Texas, 'CDP'demonstrated exceptional results as an oxidizer in down wellapplications, offering a safer and equally cost-effective alternativeto conventional chemicals used in well optimization and rejuvenationin the oil and gas recovery industry.
The product is expected to help capitalize on the industry wide trendtowards strategic rejuvenation processes. U.S. capital expenditure onEngineering, Procurement, Construction, and Installation (EPCI) in theoil and gas industry was projected to be around $15.5 billion in 2023,which is higher than previous years. 1 The shale oil and gas industry has facedsignificant challenges due to the steep decline curves inunconventional reservoirs, which typically result in only about 10% orless recovery of available reserves. To address this, the industry isincreasingly focusing on strategic rejuvenation approaches, whichinvolve restoring connections to previously stimulated intervals andtapping into zones that were missed in the initial stimulationtreatment. CleanGo’s “CDP” positioned to capitalize on thismovement.
A Statement from the CEO :Anthony Sarvucci, CEO of CleanGo Innovations, expressed hisenthusiasm: “We are thrilled to confirm the commercial readiness of'CDP'. This breakthrough cleaning powder is expected to significantlycontribute to our sales growth, which began in 2023 and continues into2024. We anticipate 'CDP' becoming an integral part of our industrialpartner operations, complementing our existing CG-100 formula.”
Eco-Friendly and Versatile: 'CDP' is an eco-conscious product, effective as a Fungicide,Microbicide, and Herbicide. It is also adept at tackling challengingsubstances like calcium, lime, and rust. Its versatility extendsbeyond industrial uses, proving highly effective in various settingsincluding kitchens, bathrooms, garages, patios, and workplaces.
Expanding the Green CleaningPortfolio: This proprietary formula enhances CleanGo's range ofgreen cleaning products. Further details regarding the retail,commercial, and industrial launch of 'CDP' will be announced in lateQ1 2024.
Future Plans: Sarvucci added,“We are excited to reveal our launch plans in partnership with anationally renowned Marketing company, known for introducing multiplesuccessful cleaning brands. Additionally, we aim to acquire Green Sealcertification for 'CDP', reinforcing our commitment to being aneco-friendly and family-safe company.”
Commitment to Innovation: CleanGo Innovations continues its mission tointroduce innovative and environmentally responsible products, eagerlysharing these advancements with its shareholders and customers.
https://www.aogr.com/web-exclusives/exclusive-story/us-spending-rebound-sets-stage-for-higher-costs
About CleanGo Innovations
CleanGo Innovations Inc. is an international, publiclytraded company that specializes in the development of early-staged,green, non-toxic and sustainable products used in retail, commercialand industrial applications.
The company is proud of its suite of proprietary, GreenSeal Certified non-toxic green products that are Health Canadaapproved to claim 99.9% disinfecting of viruses and bacteria on a hardsurface. CleanGo’s portfolio is proud to be a part of Cruelty Free /Leaping Bunny as a certified product while being both family and petsafe. It is CleanGo’s mission to create the world’s leadingnon-toxic, green solutions for the worlds cleaning problems.
CleanGo Innovation’s experienced team brings newideas and innovation based on science to find solutions to theproblems of current world we live in. Customers rely on quality,nontoxic products to keep their homes clean and their loved onessafe.
On behalf of the CEO & Board ofDirectors
Anthony Sarvucci
Chief Executive Officer
CleanGo Innovations Inc.
For More information Contact:
Phone 1 949 200 6534
Forward-looking Information
This news release may contain forward-lookingstatements and forward-looking information (collectively,“forward-looking statements”) within the meaning of applicableCanadian and U.S. securities legislation. Forward-looking statementscan often be identified by words such as “will”, “plans”,“expects”, “may”, “intends”, “anticipates”,“believes”, proposes” or variations of such words includingnegative variations thereof and phrases that refer to certain actions,events or results that may, could, would, might or will occur or betaken or achieved. Actual results could differ from those projected inany forward-looking statements due to numerous factors, including risks and uncertainties relating togeneral economic, market or business conditions or changes in laws,regulations and policies affecting the Company’s operations.Investors are cautioned that forward-looking statements are notguarantees of future performance or events and, accordingly arecautioned not to put undue reliance on forward-looking statements dueto the inherent uncertainty of such statements. Any forward-lookingstatements included in this news release are made as of the datehereof and the Company does not intend to update or revise anyforward-looking statements, except as expressly required bylaw.
1 https://www.aogr.com/web-exclusives/exclusive-story/us-spending-rebound-sets-stage-for-higher-costs
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