Energy & Technology Corp., PKA Technical Industries & Energy, Corp., to Construct a $USD 450 Million Essential Commodity Sugar M
11 Febbraio 2011 - 5:35PM
Marketwired
Energy & Technology, Corp. ("Energy & Technology" or the
"Company") (OTCBB: ENGT), announced today that the Company hosted a
delegation including the Honorable Al Haji Ibrahim Idris, Governor
of Kogi State, Nigeria, the Honorable Abubaker Abdulkareem,
Minister of Commerce and Industries, and Dr. Aaron Baba.
Discussions included a review of ENGT's Confluence Sugar project
budget and timelines.
According to Mr. Hicham Makkaoui, president of Confluence Sugar,
the affiliate company of ENGT and the entity executing the project
in Kogi State, "Planning is complete, including the Feasibility
Study, and the site in Nigeria has been selected, allocated, and
surveyed. Confluence Sugar is a $USD 450 million Essential
Commodity Project encompassing a 76,500+ acre sugarcane plantation
and mill being developed through a joint venture with the state
government in Nigeria."
To be added to the Energy & Technology, Corp. Investor email
list, please email chrisjohnson@engt.com.
About Energy & Technology, Corp. As
the holding company of Technical Industries, Inc., Energy Pipe,
LLC, and Energy Technology MFG & Threading LLC, Energy &
Technology, Corp. (OTCBB: ENGT) is a technology and essential
commodities provider including main source for rig, integrated
systems, down hole tools, OCTG, linepipe, drillpipe, drilling tools
and supply chain solutions. ENGT provides a comprehensive drilling
system for parts, down hole tools, engineering, non-destructive
testing, storage, maintenance and other products, and services. To
learn more about ENGT visit: www.engt.com.
SAFE HARBOR STATEMENT Matters discussed in this press release
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive
and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors available from the
Company. We assume no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. Investors are urged to read the Annual
Report on Form 10-K for the year ended December 31, 2009 and other
documents filed by ENGT with the SEC.
For additional information, contact: Chris Johnson 337-984-2000
chrisjohnson@engt.com
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