ECOX Nears Key Engineering Partner for Sustainable Aviation Fuel Test Plant
Summary
Eco Innovation Group (ECOX), operating as American EcoFuels, is nearing the selection of an EPCM engineering partner for its Sustainable Aviation Fuel (SAF) Test Plant. This facility is a critical step towards commercializing their proprietary, biomass-free SAF technology. The plant will produce SAF-SPK for testing and certification by major aircraft and engine manufacturers, which is necessary for eventual commercial deployment. The company anticipates announcing the chosen partner and signed agreements in the near future.
At the time of this announcement, ECOX was trading at $0.00 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $9.1M. The 52-week trading range was $0.00 to $0.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.