SOURCE: Clean Coal Technologies, Inc.

April 12, 2010 15:27 ET

Clean Coal Technologies, Inc. Releases Article From BusinessWeek Magazine

The Following Article Was Included in the April 12, 2010 Issue of the Bloomberg BusinessWeek

CORAL SPRINGS, FL--(Marketwire - April 12, 2010) -  Clean Coal Technologies Inc. (PINKSHEETS: CCTC)

Clean Coal Technologies Inc. CEO Says Company Is Riding High With the Times

Environmental Wave Benefits Innovative Company

Clean Coal Technologies Inc. is perfectly positioned to ride the environmental wave into a very profitable future, says CCTI President and CEO Doug Hague.

Clean Coal Technologies Inc. owns a patented pre-combustion technology to reduce the contaminants and pollutants created by the burning of coal through a multi-stage process that transforms coal with high levels of impurities, contaminants and other polluting elements into an efficient, clean and inexpensive source of high-energy, low-polluting fuel.

And this technological innovation could not have come at a better time.

"When so much of the world's attention is focused on the environment, our technology represents a breakthrough in addressing health and environmental issues, in addition to enabling the continued use of fossil fuels as a basis for energy generation, and reducing dependence on foreign sources of oil," says Hague. "We are very fortunate to have a technology that enables the company to capitalize on this enormous potential. The increasing demand for economical energy growth, coupled with environmental stewardship, clearly places us at the crossroads where we can capitalize on our ability to address both of these attributes."

Although the U.S. has 30 percent of the world's coal reserves -- but only 5 percent of its oil -- CCTI's first inroads have been in China.

"The environmental issues associated with China's rapid economic growth -- fueled by some 2,000 to 3,000 coal-fired power stations -- are well known, and with the assistance of the US Commercial Service, provided a logical focus for our technology. In 2008, we signed a large joint venture agreement in Inner Mongolia for the upgrade of low-grade lignite to a quality acceptable for conversion to fuels. The project at completion will produce some 80 million tons of clean coal per year, and represent a capital investment on the order of $8 billion," he said.

But China is only the beginning.

"Subsequently, we have signed a Technology Licensing Agreement for India, and expect to sign a further licensing agreement in China this month. In the U.S., our technology is creating widespread interest, and we anticipate signing our first U.S. licensing agreement later this year. Whereas our initial contract was to supply fuel for coal-to-liquids, our current focus is on providing clean-burning fuels for power stations and industrial consumers."

Hague said the deals with China, India and the U.S. are real breakthroughs for the company.

"At a time when there is so much national and international focus on the environment, the award of these contracts is testimony to the value placed on our technological approach. In fact, we are not advocates of coal per se, however, recognizing that coal will continue to be the primary source of cost-efficient energy for the foreseeable future, we have positioned CCTI as the provider of technologies that will provide the 'bridge' between today's energy solutions and those of the future by addressing the major issues associated with the use of coal -- chemical emissions (such as sulfur and mercury) that are the cause of widespread health issues and threaten our most vital resource, clean water."

Hague believes coal will be the nation's -- and the world's -- primary fuel source for a long time to come.

"The U.S. has the world's largest proven reserves of coal, and represents the largest single unit of energy in the world secure within the borders of one country. We can transform coal into an exceptionally efficient, clean and inexpensive source of high-energy, low-polluting fuel," he said. "The reduction in airborne pollution and contaminants is dramatic -- up to 90 percent in some test cases. Byproducts of the process are captured and can be sold on the secondary chemical market as an additional value-add. One byproduct, methane gas, is re-introduced into CCTI's plant as a fuel source to reduce dependency on external energy resources.

"As a means of repositioning the image of coal, we have trademarked the name 'PRISTINE' for the clean fuel produced by our process."

Cleaner coal will mean less dependence on foreign oil.

"It is ironical that technologies such as ours are being deployed in China and elsewhere to capitalize on domestic coal reserves as a means of eventually eliminating foreign energy dependence, which is something the U.S. will undoubtedly pursue in the future," Hague continued. "With our large reserves of low-ranked fuels that are ideal for coal-to-liquids applications, CCTI is well positioned to replicate its China project back here at home."

Hague said the company will be working hard on the U.S. market this year, and the future looks bright.

"Whereas we are very pleased with our progress overseas, we are placing considerable focus on ensuring that in the future we will have the same degree of acceptance here in the U.S. Our preferred business approach is one of licensing our technology, and it is creating considerable interest from utilities seeking to curtail emissions, coal producers upgrading calorific values of low-grade coals, and providers of coal-to-liquid applications.

"We are also evaluating complementary technologies that will provide a more cost-effective solution to conventional CO2 approaches being pursued today -- CCTI is an advocate of carbon separation, as opposed to capture and sequestration (CCS), and is actively involved in the research of various technologies to support this approach."

Hague concluded: "Given the ever increasing need for cleaner and more efficient fuels, coupled with our relationships with arguably some of the world's best scientific and technical resources, we are very excited about the tremendous opportunities afforded our Company, and look forward to fully developing our technology's potential to become a global industry standard."

For more information contact:

Clean Coal Technologies, Inc.
Phone: 954-344-2727
Fax: 954-757-1765

This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments.

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