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

Nanometrics to Participate in the Citi 2015 Global Technology Conference August 26th, 2015

Nanostart AG: First-half figures 2015 published and new supervisory board elected : Publication of first-half figures 2015 - Shareholders' meeting elected new supervisory board August 22nd, 2015

Harris & Harris Group Portfolio Company, AgBiome, Secures $34.5 Million Series B Financing Led By Bill and Melinda Gates Foundation August 20th, 2015

Harris & Harris Group Reports Financial Statements as of June 30, 2015, and Announces a Stock Repurchase Program August 10th, 2015

Announcements

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Successful boron-doping of graphene nanoribbon August 27th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

National Space Society Welcomes Janet Ivey As New NSS Governor: Janet Ivey of Janet's Planet is NOW IN ORBIT as a member of the Board of Governors of the National Space Society August 27th, 2015

Patents/IP/Tech Transfer/Licensing

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Revolutionary MIT-Developed Nanotechnology Company Showcases at CAMX in Dallas August 20th, 2015

'Quantum dot' technology may help light the future August 19th, 2015

Energy

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2015 conference August 25th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Novel nanostructures for efficient long-range energy transport August 21st, 2015

Laser-burned graphene gains metallic powers: Rice University scientists find possible replacement for platinum as catalyst August 20th, 2015

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