(PINKSHEETS: AFTC) Remarks on KOGAS 340 Million Dollar Backing of DME Plant
30 October 2009 - 10:30PM
Marketwired
Alternative Fuel Technologies, Inc. (PINKSHEETS: AFTC) remarked
yesterday on the growth of dimethyl ether (DME) and the financial
backing of a new Saudi Arabian DME plant backed by KOGAS.
KOGAS is the world's largest corporate buyer of liquefied
natural gas; a shift to DME could show a changing view in Korea
towards alternative fuels. DME made from synthesized gas is
considered cheaper and cleaner then liquefied petroleum gas.
Alternative Fuel Technologies currently has contracts with the
Korea Institute of Energy Research for its DME fuel pump
technology.
For more information, please view
http://finance.yahoo.com/news/Alternative-Fuel-Technologies-iw-1528067931.html?x=0&.v=1
Other active stocks are Exxon Mobil Corp (NYSE: XOM) Evolution
Fuels (PINKSHEETS: EVFL) Duke Energy Corp (NYSE: DUK)
Information, opinions and analysis contained herein are based on
sources believed to be reliable, but no representation, expressed
or implied, is made as to its accuracy, completeness or
correctness. The opinions contained herein reflect our current
judgment and are subject to change without notice. We accept no
liability for any losses arising from an investor's reliance on or
use of this report. This report is for information purposes only,
and is neither a solicitation to buy nor an offer to sell
securities. A third party has hired and paid IO News Wire twelve
hundred and ninety five dollars for the publication and circulation
of this news release. Certain information included herein is
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995, including, but not limited to,
statements concerning manufacturing, marketing, growth, and
expansion. Such forward-looking information involves important
risks and uncertainties that could affect actual results and cause
them to differ materially from expectations expressed herein. We
have no ownership of equity, no representation, do no trading of
any kind and send no faxes or emails.
Contact Eric Jensen www.ionewswire.com 516.942.4910
Alternative Fuel Technol... (PK) (USOTC:AFTC)
Historical Stock Chart
From May 2024 to Jun 2024
Alternative Fuel Technol... (PK) (USOTC:AFTC)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Alternative Fuel Technologies Inc (PK) (OTCMarkets): 0 recent articles
More IO News Wire News Articles