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CER specializes in the design, manufacture, installation and service of high-performance waste heat recovery systems, which convert approximately two-thirds of an industrial plant's waste heat into useful energy, either steam or electricity. The Company's technology captures industrial waste energy to produce low cost electrical power, which enables industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate saleable emissions credits.The experienced engineering team and sophisticated production facilities of CER enable it to deliver consistently high quality products and offer a complete solution from design and fabrication to final installation. Unlike strictly remedial systems, investments in waste heat recovery technology typically pay off in energy savings over a one-to-three-year period. The market opportunity for waste heat recovery is both extensive and global as heavy industry and the imperative to reduce greenhouse emissions is everywhere in the world. Waste heat recovery systems are fast becoming an essential element in new industrial plants and, due to their intrinsic economic benefits, are a compelling retrofit project for existing plants. CER has completed over 100 projects involving the design and installation of waste heat recovery systems around the world and is positioned to meet fast growing demand for its systems in China, which represents one of the largest concentrations of heavy industry in the world, and abroad, where it is able to bring superior manufacturing economies to bear through alliances with partner engineering companies. The Company focuses on numerous industries in which a rapid payback on invested capital is achieved by its customers, including: Petrochemical Industry Paper Manufacturing Refining / Power Generation Industry (including Methanol refining) Coke Processing Cement Industry Steel Industry CER continues to invest in R&D in order to expand its technology into other inefficient, energy intensive industrial processes. The Company plans to build China's first state-of-the-art energy recovery system research and fabrication facility in the second half of 2010 to allow it to meet the increased demand for its products and services. |
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