Landstar Inc. (LDSR) Promotes Its Technology to the Major Oil Enterprises in Southern China
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Tue, 03 Nov 2009 12:47:15 GMT |
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WUHAN, China, Nov. 3 Landstar-Gov-Seminar
WUHAN, China, Nov. 3 /PRNewswire-FirstCall/ - Landstar Inc.'s (LDSR; http://www.landstarcorp.com) main operating subsidiary Hubei Chuguan Industry Co. Ltd. gained spotlight at the Governance Seminar focused on oil and gas recovery introducing their technology to a wide audience of China's oil enterprises.
Lee Congtang, chairman of Hubei Chuguan Industry Co. Ltd. introduced an example of the company's technology and introduced this state-of-the-art technology to the participants from more than 100 oil enterprises. The seminar opened new channels of cooperation for Hubei Chuguan Industry Co. Ltd. in the oil industries of southern China.
Chen Shunsui, president of the Petroleum Industry Association of Guangdong Province highly praised Hubei Chuguan Industry Co. Ltd.'s oil and gas recovery units and recommended this technology to the members of the China National Petroleum, Sinopec, CNOOC, CNPC and other gas station, oil storage and marketing enterprises present at the seminar.
Scientists Li Gang (Beijing Academy of Environmental Sciences) and Qian Hua (Atmospheric Environment Institute, Shanghai Academy of Environmental Sciences) both praised Hubei Chuguan Industry Co. Ltd.'s oil and gas recovery technology after they analyzed the current domestic oil and gas recovery treatment situations.
The Oil and Gas Recovery Governance Seminar was an effort of Hubei Chuguan Industry Co. Ltd. and the Guangdong Provincial Environmental Protection Industry Association. Hubei Chuguan Industry Co. Ltd. hosted the seminar to promote company's one-stop lease sale model as well as business expansion in the markets of southern China.
The heads and dignitaries of the following organizations participated in the seminar: Guangzhou Economic and Trade Commission, Guangdong Provincial Economic and Trade Commission, Guangdong Provincial Environmental Protection Bureau, Guangdong Provincial Safety Supervision Bureau, Guangzhou Environmental Protection Bureau and others.
Hubai Chuguan Industry Co. Ltd., a subsidiary of LandStar Inc., provides recycling solutions on settlement and reconstruction for oil and gas. With the technologies of Nippon Oil Corporation at its core, Hubai Chuguan Industry Co. Ltd. purchases parts and assembles the recycling units in China.
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. LandStar Inc. cautions you that any forward-looking information provided by or on behalf of LandStar Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar Inc.'s control. In addition to those discussed in LandStar Inc.'s press releases, public filings, and statements by LandStar Inc.'s management, including, but not limited to, LandStar Inc.'s estimate of the sufficiency of its existing capital resources, LandStar Inc.'s ability to raise additional capital to fund future operations, LandStar Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match LandStar Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE Land Star Corp
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