Thursday, April 29, 2010

Energy Stock Profile Update; Hemiwedge Industries (OTCPK: HWEG) Reports Sales to Clean Energy Fuels (NasdaqGS: CLNE)

Energy Stock Profile Update; Hemiwedge Industries (OTCPK: HWEG) Reports Sales to Clean Energy Fuels (NasdaqGS: CLNE)

April 29 , 2010 –( energy newswire), an investor research portal covering multiple sectors including energy, updates the company profile for valve technology company, Hemiwedge Industries (OTCPK: HWEG), following recent news of sales to Clean Energy Fuels Corp (NasdaqGS: CLNE) for natural gas dehydrator applications.

Hemiwedge Industries (OTCPK: HWEG) operates as an energy field services company and through its subsidiary, Hemiwedge Valve Corporation, develops and commercializes proprietary valve product lines.

According to CEO, Ken Chickering, "We are pleased to have such a great reference customer in this application and market segment. We view their initiative of expanding the use of domestic natural gas and LNG for transportation fuel in North America as a significant growth market."

Recent News:

Valve Technology Company Hemiwedge (OTCPK: HWEG), Announces Sales to Clean Energy Fuels Corp (NasdaqGS: CLNE) for Natural Gas Dehydrator Applications

Key Application Target for Hemiwedge (OTCPK: HWEG) Growth

CONROE, TX – April 22, 2010 ( energy newswire) – Hemiwedge Industries, Inc. , a global supplier of engineered valves, today announced it has shipped additional Hemiwedge® Cartridge valves to the Clean Energy's Pickens LNG plant in Texas.

Full News:

Clean Energy (Nasdaq: CLNE ) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 17,800 vehicles at 196 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas, or biomethane, for delivery in the nation’s gas pipeline network. Clean Energy also owns BAF Technologies, Inc. of Dallas, TX, a leading provider of natural gas vehicle systems and conversions for taxis, limousines, vans, pick-up trucks and shuttle buses.

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For info about Hemiwedge Industries (OTCPK: HWEG):

Matt Flemming, CFO


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