China Clean Energy sees strong third quarter

By | January 01, 2008
China-based biodiesel and specialty chemicals producer China Clean Energy Inc. reported a record $5.5 million in revenue in the third quarter of 2007, up 48 percent compared with its third quarter of 2006. CCE also reported a record high in gross profits, totaling $1.4 million, up 37 percent from 2006. Record-high international oil prices and increasing domestic demand were the two major drivers. Exports of specialty chemical products continued to grow and made up 36 percent of the total third-quarter revenues.
 
 
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