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NewGen Reports on Status of Strategic Initiatives.
NewGen's Internationally Renowned Management Team Poised to Become a Global Fully Integrated Manufacturer and Distributor of Premium Biofuels Thru Organic Growth and Strategic Acquisitions
CHARLOTTE, N.C. -- NewGen Technologies, Inc. ("NewGen") (OTCBB: NWGN) today reports on the status of its strategic initiatives.
NewGen's mission is to become the leading global "fully-integrated" manufacturer and distributor of premium biofuels to dramatically reduce the environmental and economic impact of world petroleum use - in the automotive, aviation, marine, rail and power generation sectors.
NewGen has developed a unique and unprecedented business strategy for a biofuel company "From the Fields to the Wheels" - integrating into existing traditional petroleum hydrocarbon infrastructure a number of essential elements to ensure the emergence of a biofuel industry on a scale where it is a new and lasting strategic player.
A key strategic goal of NewGen is to provide its customers with the highest quality biofuel-blended products at its own pumps. To achieve this objective, NewGen or its subsidiaries have:
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