CN Energy Group. Inc. had established its United States headquarters in Washington D.C. to accelerate its biochar and wood-based activated carbon businesses in North and South America. As a concrete step toward implementing its globalization strategy, CNEY will collaborate with partners in the United States, Canada, Brazil, and Mexico to establish a marketing network to facilitate specific client needs. It will also seek opportunities to localize production processes to minimize long-distance transportation costs and avoid potential impediments in cross-border supply chains. Furthermore, CNEY expects to build partnerships with leading research institutions to reinforce its research and development efforts.
Both biochar and wood-based activated carbon have a wide range of applications in industrial manufacturing, pharmaceutical manufacturing, food and beverage production, and water purification. They can also be blended with organic fertilizers to improve plant yields and soil productivities. The products of CNEY are manufactured mostly by pure physical pyrolysis processes, building on CNEY's proprietary technology to minimize chemical inputs. The 6th-generation gasification reactors of CNEY have demonstrated high efficiency and robust reliability and are expected to be deployed on a larger scale in its production processes in 2023.
Dr. Kangbin Zheng, CNEY's CEO, commented: "Together with our partners, we have commitments, advanced technologies and first-hand experiences in converting forest wastes and agricultural residues into high-quality activated carbon and biochar. These collaborations are anticipated to both generate decent financial returns, as well as deliver tangible environmental benefits, in terms of resource conservation, carbon recycling and waste minimization. We believe this is a timely decision of our company to establish headquarters in the United States, which will likely accelerate our penetration into the global market and bring back more direct opportunities for us to better serve our clients."
