Alternative Petroleum Technologies wins first contract in China

Alternative Petroleum Technologies Asia Ltd. (APT), a holding company for a group of environmental technology companies that offer technologies to meet emission requirements, has signed its first customer in China.  A large shoe manufacturing company has signed with APT, after the company was able to demonstrate fuel savings through a series of extensive onsite trials.  Patrick Grimes, director and president of APT, states, “We are thrilled to have another location validate the fuel savings aspect of our technology and given the current price of crude oil, we are excited that our technology can help customers improve their margins.”  APT will receive part of the fuel savings as compensation in exchange for providing a blending unit, additives and expertise. (May 4, 2011)