NEW YORK--(BUSINESS WIRE)--Clean Coal Technologies, Inc. (OTCQB: CCTC) (“CCTI” or the “Company”), the leading clean-energy company utilizing patented and proven technology to convert run-of-mine coal into a cleaner-burning and more efficient fuel, today announced that they have confirmed the permanent location for their test facility in Wyoming.
“After months of intense due diligence inspecting a handful of prospective sites and the requisite infrastructure, rail and permitting requirements, we have decided upon the Fort Union Industrial Park in Gillette, Wyoming as the permanent home for our test facility,” stated Sean Mahoney, CCTI Press Officer. “Working alongside the University of Wyoming School of Energy Resources and Gillette based Energy Capital Economic Development we’re confident this location provides all necessary logistical requirements including having the critically important pre-existing rail access. Immediately upon the permits being granted and the facility being reassembled we expect to be receiving international coal for testing which is a precondition of licensing the technology with some of our international clients.”
The Fort Union Site is ideally located near Gillette, giving easy access to visitors both from abroad and domestically. Of equal importance, it will facilitate the advanced research work being done in partnership with the University of Wyoming to assess the capability of the CCTI Technologies to access the valuable byproducts from coal the company expects will produce a separate and important revenue stream for PRB coals.
About Clean Coal Technologies, Inc.
Clean Coal Technologies, Inc., a cleaner-energy technology company with headquarters in New York City, NY, holds patented process technology and other intellectual property that converts raw coal into a cleaner burning fuel. The Company's trademarked end products, "Pristine™" coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal. The principal elements of the Company's pre-combustion technology are based on well-proven science and tried-and-tested industrial components. The Company's clean coal technology may reduce some 90% of chemical pollutants from coal, including Sulfur and Mercury, thereby resolving emissions issues affecting coal-fired power plants. For more information about Clean Coal Technologies please visit: www.cleancoaltechnologiesinc.com
Forward Looking Statements
This release may include forward-looking statements related to CCTI's plans, beliefs and goals, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include, but are not limited to, statements about CCTI's plans, objectives, expectations and intentions with respect to future operations, its products, its ability to secure financing for its operations, the impact on the industry and other statements identified by words such as "will," "potential," "could," "can," "believe," "intends," "continue," "plans," "expects," "anticipates," "estimates," "may," and other words of similar meaning or the use of future dates. Additional details about CCTI's business and its operations that could affect CCTI's actual results are described in CCTI's filings with the Securities and Exchange Commission, including the “Risk Factors” that are part of its most recent annual report on Form 10-K for the year ended December 31, 2017 and in each of its subsequently filed periodic reports. All forward-looking statements in this release speak only as of the date of this news release. CCTI undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.