China Energy Recovery Completes Detailed Engineering Design for Fortune Global 500 Sinochem's Fertilizer Subsidiary in Chongqing City

    SHANGHAI, June 23 /PRNewswire-Asia/ --

    -- Design completion continues CER's expansion of high margin design
       services
    -- Total power generation capacity of the retrofitted heat recovery
       systems amounts to 30MW

China Energy Recovery, Inc. (OTC Bulletin Board: CGYV) (ISIN: US16943V2060; "CER"), a leader in the waste heat energy recovery sector of the industrial energy efficiency industry, today announced the company has completed the detailed engineering design service for a 30 MW Heat Recovery Power Generation System for Sinochem Fuling Chongqing Chemical Industry Co., Ltd. ("Sinochem Fuling"), located in Chongqing city in southwestern China. Sinochem Fuling is a key fertilizer production subsidiary of Sinochem Corporation, a Fortune Global 500 company in China.

The detailed engineering design service is for a heat recovery retrofit project for 4 sulfuric acid facilities of Sinochem Fuling, with a total 1.2 million metric ton annual production capacity, one of the largest of its type in China. The retrofit project is designed to install two sets of low temperature heat recovery systems (HRS) provided by Chesterfield, MO based MECS, Inc. and related turbines to achieve a total 30MW power generation capacity. CER works together with MECS to deploy low temperature heat recovery systems specifically designed for sulfuric acid plants in China.

Sinochem Fuling will use part of the recovered heat energy to generate electricity to sell to the power grid and utilize the remaining in the form of steam directly in its production process.

This design service contract was entered into in September 2008 which was announced then too.

What is Waste Heat Energy Recovery?

Industrial facilities release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable heat energy or electricity, dramatically lowering total energy costs. Energy recovery systems are also capable of capturing harmful pollutants that would otherwise be released into the environment. It is estimated that if energy currently wasted by all the U.S. industrial facilities could be recovered, it could produce power equivalent to 20% of U.S. electricity generation capacity without burning any additional fossil fuel, and could help many industries to meet stringent environmental regulations.

About China Energy Recovery, Inc.

CER is an international leader in designing, manufacturing and installing waste heat energy recovery systems which provide facilities with greater energy efficiency. The company's primary focus is on the Chinese market. CER's technology captures industrial waste energy to produce low-cost electrical power, enabling industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. CER has deployed its systems throughout China and in such international markets as Egypt, Korea, Vietnam and Malaysia. CER focuses on numerous industries in which a rapid payback on invested capital is achieved by its customers, including: chemical, paper manufacturing, refining (including methanol refining), etc. CER continues to invest in R&D and plans to build China's first state-of-the-art energy recovery system research and fabrication facility to allow it to meet the increased demand for its products and services. For more information on CER, please visit: http://www.chinaenergyrecovery.com/s/Home.asp . Information on CER's website does not comprise a part of this press release.

Forward-Looking Statement Disclaimer

This press release includes "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that CER believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors that CER believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of CER and may not materialize, including, without limitation, the efficacy and market acceptance of CER's products and services, CER's ability to execute on its business plan and strategies and CER's ability to successfully complete orders and collect revenues therefrom. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors. Furthermore, CER does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in CER's filings with the Securities and Exchange Commission, including CER's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 30, 2009.

    For more information, please contact:

     Media
     Sean Mahoney
     Tel: +1-310-867-0670

     Investor Relations
     Jim Blackman
     Tel: +1-713-256-0369

SOURCE China Energy Recovery, Inc.