News

October 03, 2007

Chinese Carbon Trader And Ethanol Equipment Manufacturer Do Well On PLUS

By Sally White

Where there’s muck there’s brass – and when it comes to muck China is probably world leader. So, it is axiomatic that the rest is true, too. On the one hand there is the massive government push on biofuels, but that is running alongside the high criticised construction of tens of coal-fired power stations.

Hence success for two little Chinese alternative energy companies quoted on London’s Plus market. Very nice figures, too, they’ve just put out. Both from the London Asia stable, one’s a trader, the other’s in capital goods.

Margins for the first, China CDM Exchange (CCEC) are just amazing. It provides brokerage, advice and research on carbon credits. CCEC works with business and products that could generate credits and assists in securing and selling the credits. Maiden figures, for the first...