CN Energy Group Receives Re-Order From Water Purification Customer For Its Activated Carbon
Portfolio Pulse from Benzinga Newsdesk
CN Energy Group, Inc. (CNEY) announced its subsidiary, Zhejiang CN Energy New Materials Co., Ltd., received a re-order for high-quality wood-based activated carbon from an existing water purification customer. The company emphasizes its product's safety, efficiency, and environmental benefits, aiming to expand its market both domestically and internationally. CEO Steven Berman highlighted efforts to meet stringent quality standards in the water purification sector and the company's focus on establishing a reliable supply chain and inventory for rapid order fulfillment.
March 15, 2024 | 1:35 pm
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CN Energy Group, Inc. (CNEY) received a re-order for its wood-based activated carbon, indicating strong customer satisfaction and potential revenue growth. The company's focus on quality and expansion into international markets could enhance its competitive position.
The re-order from an existing customer demonstrates satisfaction with CNEY's product, likely leading to increased revenue. The company's emphasis on quality and international market expansion suggests a strategic approach to growth, potentially enhancing its competitive edge and stock performance in the short term.
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