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 venture
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 applied 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 population.
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 .
H2OIL contact person:
Phone: (650) 325-0121
Fax: (650) 325-0104