Published by Todd Bush on February 19, 2024
LISHUI, China, Feb. 16, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) (the "Company"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced the appointment of Steven Berman as its new Chief Executive Officer, effective immediately. This appointment follows a comprehensive global search.
>> In Other News: Achieving Net-Zero Cement Production: Heidelberg Materials' Edmonton CCUS Project
We believe Mr. Berman will bring a wealth of experience to the Company as the Chief Executive Officer, with over 28 years of leadership expertise in customer service, finance, sales and innovative technology. Mr. Berman is the founder of Berman Electronic Enterprises LLC ("BE Enterprises"), a private global enterprise in the semiconductor industry, and has been operating BE Enterprises for the past 15 years. BE Enterprises is a full-service global distributor of electronic components servicing original equipment manufacturers and contract manufacturers worldwide.
Before his tenure in the semiconductor industry, Berman was an investment banker at some of North America's leading investment firms including Citigroup and Dreyfus, a division of Mellon Investments Corporation.
Mr. Berman will lead CN Energy in its continued development, manufacturing, and distribution of wood-based activated carbon on a global scale, with a focus on the US Markets. Mr. Berman aims to expand the Company's horizon into the semiconductor distribution industry, fostering a dual business model that combines being a global distributor of electronic components with manufacturing of wood-based activated carbon. Although the expansion into semiconductor distribution anticipates potential acquisitions, no such targets have been identified to date. This vision includes both focus on technology and AI powered semiconductor chip distribution, alongside being a key manufacturer and distributor of activated carbon for pharmaceutical manufacturing, water purification, environmental protection and food and beverage production.
Upon his appointment, Mr. Berman commented, "I am honored and excited to have been selected to lead CN Energy. With the rapid expansion of applications for activated carbon as well as the ever-growing need for semiconductors and creative supply chain for both commodities, I am focused and dedicated to shareholder transparency and increased profitability. I look forward to our bright future as a shareholder focused management team."
With patented proprietary bioengineering and physiochemical technologies, the Company has pioneered and specialized in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, converting harmful wastes into a valuable product and delivering significant financial, economic, environmental, and ecological benefits. The Company's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. For more information, please visit the Company's website at www.cneny.com(http://www.cneny.com/).
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Inside this Issue đź’ˇ 1PointFive's South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding đź”— H2 Clipper's Patented 'Hydrogen Ledger' Uses Blockchain Technology to Track Purity a...
UNDO Lands Groundbreaking Carbon Removals Financing Deal in 'Global First'
UK carbon removal start-up UNDO has secured an innovative debt financing deal, supported by significant corporates like British Airways and Standard Chartered, to accelerate the expansion of its en...
Say Goodbye to EVs – This Water-Hydrogen Engine Will Change Everything in Automotion
Honda launches a model identical to the Dodge Challenger – here’s when you can buy it Neither Toyota nor Hyundai – JD Power confirms the list of most reliable cars on the US market. Chevy an...
New Technology Transforms Captured Carbon Into Clean Energy Source
Researchers from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts captured carbon dioxide (CO2) into formate, a green fuel. This new system,...
Holcim Invests in Sublime Systems to Scale Up Innovative Low-carbon Technology
Startup developed proprietary CO2-free electrochemical process to produce low-carbon cement Investment covers Sublime’s first commercial manufacturing facility, giving Holcim a large share of ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.