Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Nano Chemical Systems Holdings to Merge With SolarDiesel

Abstract:
Company Is Positioned to Become Largest Biodiesel Producer With 45 Million Gallon Per Year Plant.

Nano Chemical Systems Holdings to Merge With SolarDiesel

SEAFORD, DE | Posted on March 7th, 2007

Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH), announced today
plans to merge with SolarDiesel, Inc. a biodiesel manufacturing and distribution
operations.

The transaction has a value in excess of $100,000,000.

John Stanton, Chairman of SolarDiesel, announced the rationale for this
move. "Our Investment Banking advice was to find a high-tech company with
synergistic products and conduct biodiesel operations through a single,
focused entity. We have already sold more that 1 million gallons of palm
biodiesel. The Company's business plan has been well received by the
investment banking community."

Dr. Matthew Zuckerman, CEO and President of NCSH, commented: "This is a
green letter day for NCSH shareholders. SolarDiesel has a unique biodiesel
manufacturing capability and NCSH has the nano-technology to improve all
biodiesel products usability and shelf-life. With an uninterrupted supply
and control from feedstock to final product, NCSH can now accomplish its
mission of fully advancing nano-technology into the mainstream production
and expansive distribution of bio-friendly diesel fuel, oils and
lubricants."

"NCSH's patents and products that can maximize the profitability of
biodiesel manufacturing operations and the shelf life of biodiesel products
play right into SolarDiesel's goal of producing the highest quality and
most consistent biodiesel that will be available. NCSH President, Dr.
Matthew Zuckerman, is a true innovator in the use of nanoparticles to
improve products we use every day," commented Stanton.

Post-merger, the combined NCSH/SolarDiesel companies will complete
plans to construct a 45 million gallon per year biodiesel plant and
implement other aspects of the biodiesel business plan. Biodiesel usage has
been universally recognized as the fastest method to reduce CO2 and
carcinogenic particulate emissions.

####

About Nano Chemical Systems Holdings, Inc.
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, Sea
Spray Aerosol, Inc. that produces aerosol products for its own formulas and
does private labeling for various customers. Sea Spray operates out of a
36,000 square foot facility that contains offices, research, warehouse and
manufacturing operations. The Company is also engaged in enhancing the
effectiveness of its product line using nanotechnology where applicable.

Forward Looking Statements

Certain statements in this release and other written or oral statements
made by or on behalf of the Company are "forward looking statements" within
the meaning of the federal securities laws. Statements regarding future
events and developments and our future performance, as well as management's
expectations, beliefs, plans, estimates or projections relating to the
future are forward-looking statements within the meaning of these laws. The
forward looking statements are subject to a number of risks and
uncertainties including market acceptance of the Company's services and
projects and the Company's continued access to capital and other risks and
uncertainties outlined in its filings with the Securities and Exchange
Commission, which are incorporated herein by reference. The actual results
the Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. These statements are based
on our current expectations and speak only as of the date of such
statements.

For more information, please click here

Contacts:
For Investor Relations please contact:
Redwood Consultants, LLC
415-884-0348

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

ORIG3N Added to Companies Presenting at Harris & Harris Group's Annual Meeting, Tuesday June 7, 2016, the New York Genome Center April 27th, 2016

Aspen Aerogels to Present at the 28th Annual ROTH Conference March 14th, 2016

Harris & Harris Group Announces Formation of Co-Investment Fund for Accredited Investors March 9th, 2016

Arrowhead to Present at Upcoming March Conferences March 1st, 2016

Announcements

Nanoparticles present sustainable way to grow food crops May 1st, 2016

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

Cooling graphene-based film close to pilot-scale production April 30th, 2016

Personal cooling units on the horizon April 29th, 2016

Patents/IP/Tech Transfer/Licensing

System creates on-demand 'nanotube forests,' has potential industry applications April 20th, 2016

Smaller. Cheaper. Better. Iron nitride transformers developed at Sandia could boost energy storage options March 28th, 2016

Correction: Solar fuels: Protective layer for the 'artificial leaf' March 22nd, 2016

New nanoparticle technology to decipher structure and function of membrane proteins March 9th, 2016

Energy

Nanoparticles present sustainable way to grow food crops May 1st, 2016

NREL finds nanotube semiconductors well-suited for PV systems April 27th, 2016

Researchers create artificial protein to control assembly of buckyballs April 27th, 2016

Flipping a chemical switch helps perovskite solar cells beat the heat April 26th, 2016

Acquisitions/Mergers/Splits

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

Keysight Technologies Begins Trading as Independent Company November 3rd, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic