Resort Savers, which is
focused on acquiring cutting-edge and market-ready technologies for use in the
Chinese petroleum industry, as evinced by their recent $2 million, 20% pre-IPO
equity option acquisition of Worx America, Inc. and the exclusive rights
throughout China on their proprietary environmental engineering technologies,
is in a prime position to capitalize on projected 15% average annual growth of
the Chinese environmental cleanup and protection sector. RSSV has made this
sizeable investment in order to capture the pole position in the race to serve
this growth market, which is seen by the Chinese cabinet’s State Council as
being the front lines of an ongoing struggle to curb pollution in China, while
extracting greater value from the petroleum industry, and the refining industry
in particular.
Pollution has become a
leading concern among the populace in China and the Xi Jinping administration
is taking huge steps to address this issue, putting petroleum industry
operators under the gun to not only increase production, but sharply reduce
their environmental impact. Facing either closure or consolidation for failure
to meet targets set in the Chinese Government’s new mandated plan, which has
been a big priority under Xi Jinping, operators in China’s sprawling petroleum
industry will invariably seek out companies like RSSV to help satisfy these new
and daunting requirements.
Even as China shifts its
development focus towards urbanization and its service industries, the new and
definitive ICIS China Petroleum Annual Report from the biggest energy and
petrochemicals market analyst business in the country, shows the oil industry rebounding
sharply in 2015. Projected oil demand over the next 12 months is seen as
growing 4.1%, up markedly from 2014’s growth figure of just 1.1%, even as net
crude oil imports also rise 7% on the need to fill strategic stocks (Strategic
Reserve programme), with China buying up cheaper oil like gangbusters.
Hence RSSV’s major pre-IPO
investment in Worx America, whose automated robotic systems can quickly and
easily clean the many containers used throughout the industry, as well as
recovering clean oil from container waste sludge in the process. Such
technology increases profits, decreases cleaning time, removes humans from
dangerous and hazardous jobs, vastly improves environmental impacts, and helps
industry operators across the board meet the new targets being set by
government. Worx’s patented, computer-controlled hydrobot tank cleaning system
for the petrochemical industry
(http://worxamerica.com/project/robotic-spraying-system) will no doubt emerge
as an indispensable technology in this dynamic environment, as it can perform
pressure jet (now including water and sand blasting) on a variety of tank
interiors, from ISO Standard tank containers and roll-off dumpsters used for
construction and demolition waste, to tanker railcars and above/underground storage
tanks.
Versatile design and
construction allows the Worx automated robotic system to connect to virtually
any opening; it is then simply a matter of entering a program number and the
control system automatically actuates the system’s hydraulics and initiates
spraying, with a wide range of options available to create an overall area
clear pattern. The robust functionality of the spraying system allows for
virtually any pattern that can be designed, making the Worx America robotic
spraying system an ideal stand-in for the industry standard of placing humans
into hazardous environments in order to complete a thorough cleaning of various
tank interiors. The sophisticated and proprietary software driving the robotics
automatically calculates and adjusts for factors like the gravity of the spray
stream, time on target, and the amount of overlap between successive passes.
Falling oil prices have
been a real boon to Asian markets, with cheaper oil representing a transfer of
around $1.5 trillion from oil producers to net importers, according to the
China division of leading information, expertise and analysis provider, IHS
(NYSE:IHS). And yet the still-booming Chinese mainland oil refining industry,
combined with slowing primary consumption rates throughout the country, could
push China into the role of a net exporter this year according to some
analysts. Government mandated environmental regulations will continue to put
increasing pressure on the industry at the same time, which will in turn create
strong tailwinds for companies like Resort Savers, which has both the crucial
technologies and industry partnerships required to exploit the situation and
secure greater market share.
Chinese oil refineries in
particular are being forced to modernize, clean up their acts and wring more
output from operations, or face being shut down under the weight and force of
increasingly stringent governmental regulation. Resort Savers is already out
ahead of this game and is continuing to put together the tools and the talent
needed to turn a handsome profit as the emerging trends in the Chinese oil
industry continue to take shape.
For more information,
visit www.resortsaversinc.com and www.worxamerica.com
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