GUANGZHOU – Officials with Pan Pacific Energy (PPE) and Guangdong JOVO Group Co., Ltd. (JOVO) signed an agreement today heralding a strong partnership between the two companies.
Through its subsidiary, NW Innovation Works (NWIW), PPE is proposing to construct and operate methanol production plants at three sites in the Pacific Northwest located at Kalama, Washington; Tacoma, Washington; and Port Westward, Oregon. Per the terms of the agreement, JOVO will purchase methanol produced at these facilities.
“Our facilities will be leaders in clean tech manufacturing, using innovative technology to meet the global need for methanol in a more environmentally responsible way,” said PPE Director, Du Lian, “We are proud to have JOVO as our partner.”
“At NWIW, our goal is to build facilities which generate strong economic and job growth for our community partners, and are leaders in clean methanol manufacturing,” noted CEO Simon Zhang. “Our partnership with JOVO demonstrates how NWIW’s facilities will have a global environmental benefit as well.”
The agreement was signed as part of the 26th U.S.-China Joint Commission on Commerce and Trade (JCCT), held in Guangzhou, Guangdong Province, China. JCCT events, sponsored by the U.S. Department of Commerce and the Chinese Ministry of Commerce, are an important tool for strengthening economic and trade cooperation between Chinese provinces and states across the U.S.
About Northwest Innovation Works: Northwest Innovation Works is a strong multi-national partnership committed to meeting a global need – a cleaner source for methanol production. NWIW is constructing facilities at three sites in Washington and Oregon that will use natural gas instead of coal to produce methanol. Click here for more information about Northwest Innovation Works’ commitment to economic growth and global environmental responsibility.
About JOVO: Guangdong JOVO Group Co., Ltd. was founded in December 1990 with has more than 2,000 employees, and governs more than ten subsidiaries. JOVO has developed to be the large-scale clean energy group integrated with affiliated industrial structure and diversified product structure, and dedicates to become the leading provider of clean energy in China.