Published by Todd Bush on February 19, 2024
LISHUI, China, Feb. 16, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) (the "Company"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced the appointment of Steven Berman as its new Chief Executive Officer, effective immediately. This appointment follows a comprehensive global search.
>> In Other News: Achieving Net-Zero Cement Production: Heidelberg Materials' Edmonton CCUS Project
We believe Mr. Berman will bring a wealth of experience to the Company as the Chief Executive Officer, with over 28 years of leadership expertise in customer service, finance, sales and innovative technology. Mr. Berman is the founder of Berman Electronic Enterprises LLC ("BE Enterprises"), a private global enterprise in the semiconductor industry, and has been operating BE Enterprises for the past 15 years. BE Enterprises is a full-service global distributor of electronic components servicing original equipment manufacturers and contract manufacturers worldwide.
Before his tenure in the semiconductor industry, Berman was an investment banker at some of North America's leading investment firms including Citigroup and Dreyfus, a division of Mellon Investments Corporation.
Mr. Berman will lead CN Energy in its continued development, manufacturing, and distribution of wood-based activated carbon on a global scale, with a focus on the US Markets. Mr. Berman aims to expand the Company's horizon into the semiconductor distribution industry, fostering a dual business model that combines being a global distributor of electronic components with manufacturing of wood-based activated carbon. Although the expansion into semiconductor distribution anticipates potential acquisitions, no such targets have been identified to date. This vision includes both focus on technology and AI powered semiconductor chip distribution, alongside being a key manufacturer and distributor of activated carbon for pharmaceutical manufacturing, water purification, environmental protection and food and beverage production.
Upon his appointment, Mr. Berman commented, "I am honored and excited to have been selected to lead CN Energy. With the rapid expansion of applications for activated carbon as well as the ever-growing need for semiconductors and creative supply chain for both commodities, I am focused and dedicated to shareholder transparency and increased profitability. I look forward to our bright future as a shareholder focused management team."
With patented proprietary bioengineering and physiochemical technologies, the Company has pioneered and specialized in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, converting harmful wastes into a valuable product and delivering significant financial, economic, environmental, and ecological benefits. The Company's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. For more information, please visit the Company's website at www.cneny.com(http://www.cneny.com/).
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue π XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA π Vaulted Deep Wins $8MΒ in XPRIZE Carbon Removal Competition π§± PHNX Mater...
Inside This Issue π² Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia π US Energy Expands Carbon Captu...
Inside This Issue 𧬠Occidental's Bold Bet on Carbon Removal: What the Holocene Acquisition Really Means π Project to Suck Carbon Out of Sea Begins in UK π§± NovoMOF Raises $5.4 Million to Scale Up L...
TMEIC integrates next-generation hydrogen and power conversion technologies to help industries worldwide reduce emissions, enhance energy efficiency, and redefine the future of global energy system...
HOUSTON, April 23, 2025 /PRNewswire/ -- HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Million Ton...
NEW YORK, April 22, 2025 /PRNewswire/ -- Rebel Fuels Inc., a Delaware Public Benefit Corporation dedicated to transforming waste carbon dioxide (COβ) into carbon-neutral fuels, today announced the ...
Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition
Company named second runner-up for safe, geologic disposal of organic waste with durable carbon storage HOUSTON, April 23, 2025 /PRNewswire/ -- Vaulted Deep, a waste management company turning exc...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.