Tag Archives: CBEH

China Integrated Energy (CBEH) Completes 50K Ton Biodiesel Facility

China Integrated Energy (CBEH) announced it has completed a new 50k ton biodiesel production facility adjacent to an existing 100k ton plant in Tongchuan City.  The new plant brings the total biodiesel production capacity to 200K per year.  The new plant will scale production throughout the year, beginning at 25% capacity this quarter to 50% next and to near capacity by the 3rd quarter.  CBEH has expanded its operations significantly in recent months and announced … Read the rest

China Integrated Energy (CBEH) Expanding Biodiesel Operations With Hainan Purchase

China Integrated Energy (CBEH) has signed a non-binding letter of intent to acquire the assets of Hainan Lin Gao Chemical which includes the land and facilities to provide a place for CBEH to build a 300K ton biodiesel plant.  The company is expected to close on the $9 million deal by the end of this quarter and begin production with an initial capacity of 100K tons within a year from the close.  The facility will … Read the rest

China Integrated Energy (CBEH) Closes On Acquisition Of Biodiesel Production Facility

China Integrated Energy (CBEH) announced it’s closed on the acquisition of a 50,000 metric ton biodiesel production facility in Chongqing City, China and expects to ramp up production and distribution of biodiesel product from this facility immediately very soon.  The plant adds to CBEH’s current 100K ton production facility along with another new 50K ton plant and will add to revenues right away.  The company expects the plant to add $32 million in revenues and … Read the rest

China Bio Energy (CBEH) Beats Estimates, Reaffirms 09 Outlook

China Bio Energy (CBEH) reported earnings today and the company beat on both EPS and revenues.  EPS came in at .25/share vs the expectations of .19/share (matching the year ago quarter) on revenues of $65.2 million which was a 12% increase over the year ago quarter.  After an initial pop in the stock this morning, it’s off the highs.  Not too surprising considering the run it’s had over the past few weeks.

The increase in … Read the rest

New Renewable Energy Stock: China Bio Energy (CBEH) Approved To Trade On Nasdaq

There’s a new renewable energy stock on the market-China Bio Energy has been approved to trade on the Nasdaq as of today. The company distributes both traditional petroleum products and biodiesel made from inedible seeds and leftover restaurant oil and grease.

In a company press release, Mr. Xincheng Gao, Chief Executive Officer of China Bio Energy Holdings Group, commented on the news:

“We are very pleased to join the Nasdaq Capital Market alongside other … Read the rest