Carbon Jungle, Inc. Announces City Agreement for Recycled Glass Project
October 09 2009 - 5:00PM
PR Newswire (US)
SHANGHAI, China, Oct. 9 /PRNewswire-FirstCall/ -- Carbon Jungle,
Inc. (Symbol: CBJG) announced today that they have reached an
agreement with the municipality of Xiao Guan Zhuang in Yangzhou,
China to purchase waste glass. With the agreement, Carbon Jungle,
Inc. now has access to a government-guaranteed supply of glass for
its glass recycling operations. "This town is a great fit for us,"
said David Levinson, CEO of Carbon Jungle, Inc. "It's in one of the
best areas in China to do business, and transport is very
convenient." Carbon Jungle, Inc.'s coordinating of waste glass
procurement through Chinese local government support along with the
feasibility of Carbon Jungle Inc.'s cost efficient waste glass
processing looks to guide, direct and expand a substantial portion
of the Chinese market share of glass recycling into a new
sustainable solution to China's waste glass. Carbon Jungle, Inc. is
quoted under ticker symbol CBJG. Carbon Jungle is a management
engineering company with operations in the United States and China,
that believes going green is not only the right thing to do, but
the profitable thing to do. Carbon Jungle specializes in
proprietary glass recycling, organic fertilizer, and a unique solar
technology that is half the cost of traditional systems. Additional
information can be found at http://www.carbonjungle.us/ Safe Harbor
Statement: This release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. These forward-looking statements are
based on current expectations, estimates and projections of
management. Carbon Jungle, Inc. intends for these forward-looking
statements to be covered by the safe-harbor provisions for
forward-looking statements. Words such as "anticipates," "expects,"
"intends," "plans," "believes," "seeks," "estimates," or variations
of such words are intended to identify such forward-looking
statements. Investors are cautioned that forward-looking statements
are inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, the success
of Carbon Jungle's efforts. All forward-looking statements in this
press release are made as of the date of this press release, and
Carbon Jungle, Inc assumes no obligation to update these
forward-looking statements whether as a result of new information,
future events or otherwise, other than as required by law. CONTACT:
Email: , Phone: +8602164536329, Address: 201 Ningxia Road, Floor 6,
Suite G, Shanghai, China, 200063 DATASOURCE: Carbon Jungle, Inc
CONTACT: Email: , Phone: +8602164536329, Address: 201 Ningxia Road,
Floor 6, Suite G, Shanghai, China, 200063
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