How Investors May Profit From China’s Eco-Crises (Pt. 2 of 2) – Westport, Fuel Tech, Quantum & More
Submitted by EnergyTechStocks.com
Editor’s Note: In keeping with its policy to be solely a news source, this EnergyTechStocks.com series is intended to be for information purposes only.
Posted: March 21, 2008
With this summer’s Beijing Olympics expected to shine a harsh light on China’s many environmental crises, there are any number of firms headquartered in and out of China that may benefit, based on EnergyTechStocks.com’s own evaluation and the opinions of analysts who EnergyTechStocks.com has interviewed over the last several months.
Among those that appear to have a good chance of prospering as China deals with its overlapping environmental emergencies affecting air, water and land is Westport Innovations Inc., a Canadian company that trades on the Toronto exchange. Westport describes itself as the leading developer of environmental technologies that enable engines to operate on clean-burning fuels such as hydrogen and natural gas. The company has a number of deals in China for selling and developing engines and on-board storage tanks for vehicles that run on these cleaner-burning gaseous fuels.
For the same basic reason as Westport, another potential beneficiary is Quantum Fuel Systems Technologies Worldwide Inc., a California-based company that trades on NASDAQ. “China is strategically important to Quantum, as we position ourselves as a fully-integrated alternative energy company serving the global marketplace,” Quantum’s CEO said last year when the firm announced a joint venture with a Chinese automaker to develop and commercialize hybrid and alternative fuel vehicles that run on gaseous fuels.
Another U.S. firm, Composite Technology Corp., which also trades on NASDAQ, may prosper because it has a patented high-voltage electric transmission cable that the company says has interested Chinese officials. According to the company, its cable reduces line loss and enables greater amounts of power to be transported, thus increasing efficiency and reducing the need for building new power plants.
Still another NASDAQ-traded company, Illinois-based Fuel Tech Inc., may prosper because it installs pollution control equipment on power generation and other equipment. A Chinese-based company that trades in China may also be primed for greater profits. Anhui BBCA Biochemical Co. Ltd. is a leading bioethanol producer.
