DALLAS, Aug. 17, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Sinoenergy Corp. (Nasdaq:SNEN). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Sinoenergy Corp. (Nasdaq:SNEN) should be of particular interest to alternative energy companies: Fuel Systems Solutions Inc. (Nasdaq:FSYS), Clean Energy Fuels Corp. (Nasdaq:CLNE), New Jersey Resources Corporation (NYSE:NJR) and Northwest Natural Gas (NYSE:NWN)
It is available at: http://www.stockpreacher.com/n/SNEN
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Sinoenergy Corp. (SNEN) is a leading manufacturer of compressed natural gas (CNG) filling station equipment and car/bus conversion kits, as well as an emerging developer and operator of natural gas filling stations in China. In addition to its CNG related products, the Company also manufactures and sells customized pressure containers to companies in various industries, including the petroleum, chemical, metallurgy, electricity generation and beverage.
In the report, the analyst notes:
"SNEN holds a commanding position in the emerging Chinese compressed natural gas (CNG) industry. With the rise in vehicle related pollution brought by increased demand for motor vehicles and transportation in China, the Chinese government has been aggressively promoting the use of CNG as an alternative fuel. In addition to being an environmentally clean alternative fuel, CNG also significantly reduces the cost of operating a vehicle with a fuel costs reduction for a bus or a taxi of more than 40%, according to analysts' estimates.
"As a result of its know-how in CNG system design and the absence of significant competition, the Company reported that gross margin for CNG gas stations technical consulting service was high. Because of its emergence into the CNG filling station business, it said it did not receive any CNG station construction service orders from the beginning of 2007. In the near term, it anticipates to devote most, if not all, of its CNG construction business to the construction of its own CNG filling station."
To read the entire report visit: http://www.stockpreacher.com/n/SNEN
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