China New Energy Ltd Directorate Appointment (6800N)
October 28 2016 - 2:00AM
UK Regulatory
TIDMCNEL
RNS Number : 6800N
China New Energy Ltd
28 October 2016
28 October 2016
China New Energy Limited
("CNE" or "the Company")
Directorate Appointment
The board of the Company is pleased to announce that Nicholas
Brooks has today been appointed to the board as Non-executive
Director.
Nicholas ("Nick") Martin Brooks (aged 59)
Mr. Brooks has over 40 years of experience in the petroleum and
bio-energy sectors and extensive experience creating and
internationalising businesses in Asia, Middle East, Central Europe,
Africa and the Americas. Further he acts in an advisory capacity to
a number of international biofuels/bioenergy businesses, and
mentors young entrepreneurs.
Most recently Mr Brooks was CEO of Future Blends Limited, a
company focused on the development of carbon efficient technology
solutions to convert residual and non-edible biomass into energy,
liquid fuels and bio-chemicals.
In 2009, he co-founded, Mycologix, a second-generation biofuels
technology company and prior to this, in 2007, was the CEO of
Bioverda, where he led a multinational team located throughout
Europe controlling company strategy and directing operations in two
biodiesel businesses and a landfill gas power business. He also
developed a pipeline of projects including crushing/esterification
biodiesel projects and a number of bio-energy projects. From 2006
to 2007 Mr. Brooks served as CEO of Sun Biofuels Ltd, an African
based company investing in energy crop plantations in Tanzania,
Ethiopia and Mozambique. He oversaw the strategic and operational
development of the company, focussing primarily on the acceleration
of land acquisition and planting.
From the mid-2000s, Mr. Brooks moved on to create and become CEO
of early-stage agricultural, biofuel and bioenergy companies
operating in Europe and Africa, and became Entrepreneur in
Residence at Imperial Innovations covering clean technology.
Prior to 2006, Mr. Brooks was employed by Royal Dutch Shell for
28 years in a number of executive roles. His appointments included
periods as Managing Director of Shell Polska and Commercial
Business Development Manager of Shell European Oil Products. He
later led the business incubator at Shell Internet Services before
becoming CEO of Shell India eServices. In 2003 he became the
Europe, Middle East and Africa director of Pennzoil-Quaker State
Integration before taking a role as Managing Director of Shell Car
Care International in 2003.
Independent of this appointment, Mr. Brooks has been nominated
as a non-executive director of Addax Bioenergy Sierra Leone
Limited, a sugarcane bioethanol and renewable electricity operation
in Makeni, Sierra Leone which is expected to be formalised in
November 2016. The Company has an option to make a minority
investment into a consortium which recently acquired 75.1 per cent
of Addax Bioenergy Sierra Leone Limited and has further tendered
the consortium for technology and service contracts for upgrade
work at the Addax plant.
Present directorships / partnerships Former directorships / partnerships held over past 5 years
None Future Blends Limited
Mycologix Limited
Mr. Brooks holds 105,000 ordinary shares in the Company which
represents approximately 0.03 per cent. of the Company's issued
share capital. There are no further disclosures under Schedule 2
(g) of the AIM Rules.
Mr. Yu, Chairman, commented, "We are delighted to welcome Nick
to the board, who is highly regarded in the African Bioenergy
industry. His experience, knowledge and contact base should be very
beneficial for us in developing our international business and
achieving our goal of internationalising the business."
For further information, please visit www.chinanewenergy.co.uk
or contact:
China New Energy Limited www.chinanewenergy.co.uk
Richard Bennett Tel: +44 (0)7966 388
374 or rbennett@zkty.com.cn
Ivy Xu Tel: +86 (0)20 8705 9371
or xuhj@zkty.com.cn
Cairn Financial Advisers Tel: +44 20 7213 0880
LLP (NOMAD)
Jo Turner / Sandy Jamieson
Daniel Stewart and Co (Broker) Tel: +44 20 7776 6550
David Lawman / Daphne Zhang
This information is provided by RNS
The company news service from the London Stock Exchange
END
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