Kleangas Energy Technologies, Inc. (OTCQB: KGET) announced today that the Company began the process of bagging the 1,000 Metric Tons. The Company will be shipping 250 Metric Tons a week over a 4 week time frame.
"North American pellet export growth continues with no slowdown in sight, according to the latest market update from Wood Resources International. Export volumes hit a new record high in the 4Q/13 and the total shipments for 2013 were up almost 50% from the previous year and more than double that in 2011. The total value of wood pellet exports reached over 650 million dollars last year." "This growth," continued Mr. Linton, "means KGET is in the right place at the right time. I look forward to Tweeting our followers with our latest updates, so be sure to follow us to stay completely current with our progress with shipments."
Bo Linton, CEO of Kleangas, stated, "The Company is waiting on a new Letter of Credit for an order that we will process once this shipment is completed." The Demand for wood pellets as stated in the Canadian Biomass article dated April 23, 2014 [http://www.canadianbiomassmagazine.ca/content/view/4533/57/ ]
Kleangas:
Kleangas Energy Technologies is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications. Kleangas private labels and markets Oxy-Hydrogen on-demand generators and through its wholly owned subsidiaries sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day's subsidiary G-PELL also has pending contracts to sell refuse and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal.
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Safe Harbor Statement:
Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
CONTACT:
Kleangas Energy Technologies, Inc.
http://www.kleangas.com/
Telephone 1-407-574-4740
FAX: 1- 407-583-4901
E-mail: info@kleangas.com
SOURCE: Kleangas Energy Technologies, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
KGET_4-24-2014_LST_ETL.docx
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