4Energy Invest Sees 10 Percent Sales Increase

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Fri, May 7, 2010
Oil & Gas Market News
Post by Mike Rodger, Oil and Gas Reporter

Belgian bio-coal maker 4Energy Invest reports increase in sales of ten percent by the third quarter of 2010 and will continue to increase up to ten times by 2014 due to surge in demand for the CO2-neutral fuel.

“Turnover we should reach it multiplied by ten (within three to four years). What we have done is to anticipate the roll out of the technology by already introducing the permit file in Ham, the permit file in Germany, by already creating the office in Brazil, by having negotiation with groups in other parts of the world,” Chief Executive Yves Crits told Reuters on Friday during an interview at its main power plant in Amel, on the border between Germany and Belgium.

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