Masada to undertake green energy initiatives in China
U.S.-based Masada Resource Group announced in New York that the company has partnered with international entrepreneur and California-based business icon Robert H. J. Lee to lead green energy initiatives in China, Vietnam, Hong Kong, Singapore, Taiwan, Japan, Ghana, South Korea, Denmark and France by building and operating hundreds of Masada municipal solid waste-to-ethanol production facilities in these countries. Masada developed its internationally patented CES OxyNol waste-to-ethanol process by building upon the cellulosic ethanol processes developed by the Germans during World War II. With the Masada-Lee partnership, Masada will have waste-to-ethanol facilities in various stages of development in three different countries and exclusive national licensing agreements in 12 additional countries. (October 20, 2009)