(OTC: AFTC) Enters Chinese Market
December 10 2009 - 6:30AM
Marketwired
Alternative Fuel Technologies, Inc. (PINKSHEETS: AFTC) announced
yesterday that they have received an order for twelve (12) dimethyl
ether (DME) fuel feed pumps from Shanghai Diesel Engine Company.
China has surpassed the United States as the number 2 auto maker
in the world behind Japan. China is expected to reach 13 million
automobiles produced in 2009, making it the number one vehicle
producer in the world.
The city of Shanghai requires all vehicles to comply with Euro
III emission standards and will be moving to Euro IV standards in
the near future. This opens the door to alternative fuel related
companies into broader markets.
For more information, please visit
www.altfueltechnology.com.
Other active stocks include: CMS Energy Corp (NYSE: CMS) MGE
Energy (NASDAQ: MGEE) and Biocentric Energy (PINKSHEETS: BEHL)
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