SEATTLE, May 2, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with profitable coal operations in China, announced today it has entered into a strategic partnership with Apollo Technology Co. of Taiwan ("Apollo") as its clean (coal) energy response to demands in China, the global leader in new investments into clean energy products.
The execution of the partnership is consistent with L&L's 2012 shareholders meetings mandate to expand business, in addition to seeking an alternative listing in a Taiwan Deposit Receipt (TDR) issuance.
Apollo is a top pollution control group in Taiwan with 60 technical staff. Apollo's expertise covers chemical engineering and environmental science which will help L&L to eliminate sulfur and nitrogen from the coal-fueled utility plants and to reduce CO2 in China. In its 18 years of operations, Apollo has executed approximately 200 large environmental improvement studies or pollution clean ups for customer such as Taiwan Power Co, Long Life Utility Co, Formosa Petroleum Co, and Taiwan's Environmental Protection Agency (EPA). Apollo's senior management is US educated and 70% of its team members are postgraduates, with 25 engineers holding US OHSA certifications.
L&L's Chairman and CEO, Dickson Lee, commented, "I am pleased to enter the first Taiwan business partnership with Apollo. Using the Apollo team and its experience, we will provide a basis to apply US clean energy technology in China and expand our business from before-combustion coal operations to after-combustion energy controls with our existing customers, such as Datang Utility, in response to the demands in China. I look forward to working with Apollo to meet the growing needs in China's coal-as-fuel industry."
Contacts:
IR
L&L Energy, Inc.
(206)-264-8065
[email protected]
SOURCE L & L Energy, Inc.
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