Clean Vision Corporation Secures $15 Million Loan Guarantee From West Virginia Economic Development Authority
Clean Vision Corporation Secures $15 Million Loan Guarantee From West Virginia Economic Development Authority
LOS ANGELES, CA / ACCESSWIRE / February 20, 2024 / Clean Vision Corporation (OTCQB:CLNV) ("Clean Vision" or the "Company"), an emerging leader in innovative plastic recycling and clean fuel development, is pleased to announce the approval of a $15 million loan guarantee from the West Virginia Economic Development Authority. This loan guarantee will accelerate the development of the Company's first US-based Plastic Conversion Network ("PCN") facility in Quincy, Clean-Seas West Virginia ("CS-WV"). Once operational, the CS-WV facility will use pyrolysis technology to transform waste plastic, or plastic feedstock, into clean fuels to be used as precursors for new plastic products, closing the loop on plastic circularity. In addition, the Company plans to produce clean hydrogen at its CS-WV facility, with the goal of contributing to West Virginia's vision of becoming a trailblazing clean energy state.
加利福尼亞州洛杉磯/ACCESSWIRE/2024年2月20日/創新塑料回收和清潔燃料開發領域的新興領導者Clean Vision Corporation(OTCQB: CLNV)(“Clean Vision” 或 “公司”)很高興地宣佈,西弗吉尼亞州經濟發展局批准了1500萬美元的貸款擔保。該貸款擔保將加速該公司位於西弗吉尼亞州Clean-Seas昆西(“CS-WV”)的首個美國塑料轉換網絡(“PCN”)設施的開發。一旦投入運營,CS-WV設施將使用熱解技術將廢塑料或塑料原料轉化爲清潔燃料,用作新塑料產品的前體,從而關閉塑料循環的循環。此外,該公司計劃在其CS-WV工廠生產清潔氫氣,目標是爲西弗吉尼亞州成爲開拓性清潔能源州的願景做出貢獻。
Currently, Clean-Seas has two PCN facilities in operation, one in Agadir, Morocco and one in Hyderabad, India. Once operational, CS-WV, a wholly owned subsidiary of Clean Vision Corporation, will become the first US-based PCN facility.
目前,Clean-Seas有兩個PCN設施在運營,一個在摩洛哥的阿加迪爾,一個在印度的海得拉巴。一旦投入運營,Clean Vision Corporation的全資子公司CS-WV將成爲第一家位於美國的PCN工廠。
West Virginia's Governor, Jim Justice, and his administration were instrumental in championing this visionary endeavor. We believe the Governor's commitment to the future of West Virginia as a hub for clean energy played a pivotal role in securing the necessary support for the EDA's loan guarantee program, which will be instrumental in progressing with the development of CS-WV.
西弗吉尼亞州州長吉姆·賈斯蒂斯及其政府在支持這項富有遠見的努力方面發揮了重要作用。我們認爲,州長對西弗吉尼亞州未來作爲清潔能源中心的承諾在確保EDA貸款擔保計劃的必要支持方面發揮了關鍵作用,這將有助於CS-WV的發展。
In expressing gratitude, Dan Bates, CEO of Clean Vision, remarked, "We are sincerely grateful to Governor Justice and the entire Economic Development Authority team for their unwavering vision and steadfast support of Clean-Seas. This significant commitment not only accelerates our project, but demonstrates West Virginia' commitment to a cleaner and more sustainable future."
Clean Vision首席執行官丹·貝茨表示感謝,他說:“我們衷心感謝州長賈斯蒂斯和整個經濟發展局團隊堅定不移的願景和對Clean-Seas的堅定支持。這一重大承諾不僅加速了我們的項目,而且表明了西弗吉尼亞州對更清潔、更可持續未來的承諾。”
The CS-WV is currently planning to commission the facility with a conversion capacity of 100 tons of plastic feedstock per day. The Company is in negotiation to sell the products produced at the Quincy facility to a major petrochemical company, supporting their efforts in plastic circularity. The project, when fully developed, is slated to convert 500 tons per day of plastic feedstock diverting the waste from incineration or landfill and generating approximately 200 jobs in West Virginia.
CS-WV目前正計劃調試該設施,其轉換能力爲每天100噸塑料原料。該公司正在談判將昆西工廠生產的產品出售給一家大型石化公司,以支持他們在塑料循環方面的努力。該項目全面開發後,計劃每天轉化500噸塑料原料,將廢物從焚燒或垃圾填埋場轉移出去,並在西弗吉尼亞州創造約200個就業機會。
About Clean Vision Corporation
關於清潔視覺公司
Clean Vision is a public company that operates in the sustainable clean technology and green energy sectors. For more information, visit: and follow us on Twitter: @CleanVisionCorp
Clean Vision是一家上市公司,在可持續清潔技術和綠色能源領域開展業務。欲了解更多信息,請訪問:並在推特上關注我們:@CleanVisionCorp
About Clean-Seas, Inc.
關於 Clean-Seas, Inc.
Clean-Seas West Virginia, Inc. is a wholly-owned subsidiary of Clean Vision established for the purposes of developing and operating the Company's PCN facility in Quincy, West Virginia.
Clean-Seas West Virginia, Inc.是Clean Vision的全資子公司,成立的目的是開發和運營該公司位於西弗吉尼亞州昆西的PCN工廠。
About Clean-Seas, Inc.
關於 Clean-Seas, Inc.
Clean-Seas, Inc. ("Clean-Seas") is a wholly-owned subsidiary of Clean Vision working to provide efficient and cost-effective technology solutions that address the global plastic crisis as creating economic opportunity and social benefit across the world. Clean-Seas' goal is to offer "best in class" pyrolysis technology deployment with strategic alliances for plastic diversion and conversion, including securing plastic feedstock and off-take agreements. For more information, visit:
Clean-Seas, Inc.(“Clean-Seas”)是Clean Vision的全資子公司,致力於提供高效且具有成本效益的技術解決方案,以應對全球塑料危機,爲全球創造經濟機會和社會效益。Clean-Seas的目標是通過戰略聯盟提供 “一流的” 熱解技術部署,以促進塑料轉移和轉化,包括確保塑料原料和採購協議。欲了解更多信息,請訪問:
Cautionary Note Regarding Forward-Looking Statements
關於前瞻性陳述的警示說明
This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, statements about our future financial performance, including our projections with respect to the processing capabilities of our PCN facilities, our ability to develop and place our planned PCN facilities into operation, which is dependent upon numerous factors of which we cannot guarantee will be satisfied or favorable, including, but not limited to, our ability to raise necessary capital, secure required local, state and federal contracts and licenses, and other factors outside of our control; estimated revenue generation, cash flows, costs of revenue and operating expenses; our anticipated growth; our ability to conduct and close the Green Bond Offering, which a successful closing cannot be guaranteed; our predictions about our industry; our estimates with respect to expanding and meeting our projections for our PCN facilities; our ability to raise capital and secure contracts needed to meet expected revenue and processing capabilities; our ability to secure feedstock and offtake agreements sufficient to meet anticipated growth, revenue generation and project processing capabilities; the impact of local and global regulations and laws applicable to our facilities and projects; and our ability to provide viable solutions to the global plastic crisis. The forward-looking statements contained in this press release are also subject to other risks and uncertainties. The forward-looking statements in this press release speak only as of the date on which the statements are made. We undertake no obligation to update, and expressly disclaim the obligation to update, any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
本新聞稿包含明示或暗示的陳述,這些陳述不是歷史事實,根據《證券法》第27A條和《證券交易法》第21E條的定義,這些陳述被視爲前瞻性陳述。前瞻性陳述涉及重大風險和不確定性。前瞻性陳述通常與未來事件或我們未來的財務或經營業績有關,可能包含對我們未來經營業績或財務信息的預測或陳述其他前瞻性信息。在某些情況下,你可以用以下詞語來識別前瞻性陳述:“可能”、“將”、“可能”、“將”、“應該”、“期望”、“打算”、“預測”、“相信”、“估計”、“預測”、“項目”、“潛在”、“繼續”、“持續”,或這些術語或其他類似術語的否定詞,儘管並非所有前瞻性陳述都包含其他類似術語這些話。儘管我們認爲這些前瞻性陳述中反映的預期是合理的,但這些陳述與未來事件或我們未來的運營或財務業績有關,涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致我們的實際業績、業績或成就與這些前瞻性陳述所表達或暗示的任何未來業績、業績或成就存在重大差異。此外,實際業績可能與前瞻性陳述中描述的結果存在重大差異,並將受到我們無法控制的各種風險和因素的影響,包括但不限於有關我們未來財務業績的陳述,包括我們對PCN設施處理能力的預測、我們開發和投入運營計劃中的PCN設施的能力,這取決於我們無法保證滿足或有利的許多因素,包括但不限於這些因素以及,我們籌集必要資金的能力,獲得所需的地方、州和聯邦合同和執照以及我們無法控制的其他因素;預計的創收、現金流、收入和運營費用;我們的預期增長;我們進行和完成綠色債券發行的能力,但無法保證其成功完成;我們對行業的預測;我們對擴大和實現PCN設施預測的估計;我們籌集資金和獲得合同的能力需要達到預期收入和處理能力;我們獲得足以滿足預期增長、創收和項目處理能力的原料和承購協議的能力;適用於我們設施和項目的本地和全球法規和法律的影響;以及我們爲全球塑料危機提供可行解決方案的能力。本新聞稿中包含的前瞻性陳述還受到其他風險和不確定性的影響。本新聞稿中的前瞻性陳述僅代表聲明發表之日。除非法律要求,否則我們沒有義務更新本新聞稿中爲反映本新聞稿發佈之日之後的事件或情況或反映新信息或意外事件的發生而作出的任何前瞻性陳述,也明確表示沒有義務更新本新聞稿中的任何前瞻性陳述。
Contact
Clean Vision Corporation
Dan Bates, CEO
d.bates@cleanvisioncorp.com
聯繫我們
清潔視覺公司
首席執行官丹·貝茨
d.bates@cleanvisioncorp.com
Investors
Frank Benedetto
619-915-9422
投資者
弗蘭克·貝內代託
619-915-9422
SOURCE: Clean Vision Corporation
來源:清潔視覺公司