In a recent ceremony in Beijing, H2OIL and PetroChina's
Huafu Oilfield Chemical Company announced that they had signed
a joint venture agreement to build a nanotechnology fuel
additive manufacturing plant in Tianjin, China.
This production facility can make up to 10,000 tons per
year of H2OIL's cutting edge "F2-21" fuel additives. This
will be enough to treat 25 billion gallons of fuel per
year, or about 70% of China's entire domestic demand for
gasoline and diesel fuel.
Richard Hicks, President of H2OIL Corporation said:
"I am pleased to use this opportunity to make a formal announcement.
This is the first time that H2OIL has publicly released this information
and I am particularly happy to be able to do it here in China with our joint
Our 13 years experience in producing nanotechnology fuel additives has
helped us to realize some of the huge potential from more fully exploiting
this technology. Our latest fuel additives use "NanoGhost" technology.
This increases the power of regular nanotechnology by over 1,000 times
by using a unique combination of nanotechnology and chaos theory.
Not only have we discovered an entirely new way to apply this nanotechnology,
but we have also been able to exploit it in a fully commercial application.
I believe that we are the first company in the world to be able to understand
and actually use what we are now calling "Second Generation" nanotechnology.
All of H2OIL's cutting edge F2-21 fuel additives produced here in China
will be using this latest "Second Generation" nanotechnology. This means
that China should be now able to produce some of the cleanest and most
energy efficient gasoline and diesel fuels in the world."
Vehicles using F2-21 fuel additives have significantly improved fuel economy
and substantially reduced exhaust emissions. F2-21 is extremely cost effective,
easy to use, needs no infrastructure changes, requires no vehicle or engine
modifications and can very quickly reach almost 100% of the existing vehicle
H2OIL Corporation is a California research and development company and
is the world leader in commercially available "second generation" nanotechnology
fuel and oil additives.
For more information, please visit www.h2oil.com .
Tianjin Huafu Oilfield Chemical Co. Ltd. is a subsidiary of PetroChina and
is the largest oilfield chemical company in China.
For more information, please visit www.haufu-group.com and www.petrochina.com.cn .
Fax: (650) 325-0104
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