issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article may require cleanup to meet wikipedia s quality standards . no cleanup reason has been specified . please help improve this article if you can . march 2008 learn how and when to remove this template message this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . march 2008 learn how and when to remove this template message learn how and when to remove this template message china clean energy inc. type public otc ccgy industry energy specialty chemicals founded the company began operations in 1995 and launched its biodeisel operations in 2005 . headquarters delaware united states registered company headquartered in fuqing city fujian province people s republic of china area served china biodiesel international specialty chemicals key people tai ming ou chairman and ceo ; william chen company cfo products biodiesel specialty chemicals revenue 58.9 million usd 2010 number of employees 200 website http www.chinacleanenergyinc.com china clean energy inc. otc ccgy through its wholly owned subsidiary fujian zhongde technology co. ltd. fujian zhongde is a biodiesel and specialty chemical producer operating in the people s republic of china and selling products both domestically there and worldwide . contents 1 biodiesel 2 specialty chemicals 3 competitors 4 auditor 5 see also 6 references 7 external links biodiesel edit the company uses waste vegetable oils such as cotton seed leavings and yellow grease as feedstocks processing them through proprietary technologies to produce biodiesel for local consumption and a variety of green chemicals for sale worldwide . in early 2008 the company secured private funding through a special stock offering to create a 100 000 metric ton annual capacity biodiesel plant . the company s current plants are approximately one tenth of that size . specialty chemicals edit the company produces by products of biodiesel and various specialty chemicals . because these chemicals are produced from renewable feedstock they can be considered green and sold for a premium in some markets . chemicals listed include monomer acid stearic dimer acid printing inks dimer based polyamide hot melt adhesive low molecular weight liquor polyamide resins polyamide hot melt adhesive alcohol soluble polyamide resins benzene soluble polyamide resins and bio heating fuel . competitors edit the company s website claims that it is one of two publicly traded biodiesel producers currently operating in china . the other is presumably gushan which is listed on the new york stock exchange . a larger number of competitors could be listed for their worldwide chemical sales although only a handful would meet china clean energy s green credentials . auditor edit on april 15 2008 china clean energy reported it was changing auditors from michael t. studer cpa p.c. to moore stephens wurth frazer and torbet llp . 1 controversy surrounding the reliability of the previous auditor may have been central to this decision . on february 18 2008 barrons reported one auditor of chinese companies like china clean energy ccgy and china kangtai cactus biotech ckgt is michael t. studer of freeport n.y. in 2006 during an inspection the pcaob found deficiencies of such significance that it appeared ... the firm studer did not obtain sufficient competent evidential matter to support its opinion on the issuer s financial statements . moreover in 2004 the national association of securities dealers expelled studer s firm and barred him from association with any securities firm . see also edit bioenergy in china references edit china clean energy appoints new independent auditor external links edit official company website http finance.google.com finance q ccgy http finance.yahoo.com q s ccgy.ob http online.barrons.com article sb120312686968473233.html mod yahoobarrons & ru yahoo http www.iht.com articles 2006 09 05 bloomberg bxipo.php http www.sec.gov litigation opinions 34 39523.txt http www.sec.gov litigation opinions 34 50411.htm http www.pcaobus.org inspections public reports 2006 michael t studer.pdf v t e oil and gas in china energy in china oil e & p companies major cnpc petrochina kunlun energy china petrochemical corporation sinopec cnooc group cnooc limited other citic resources geo jade petroleum shaanxi yanchang petroleum sinochem gas companies major china gas enn group towngas china other china natural gas shenergy china united coalbed methane corporation refining chemchina fushun petrochemical company cnpc shanghai petrochemical sinopec oilfield services china huanqiu contracting & engineering corporation cnpc china oilfield services cnooc china petroleum engineering and construction corporation cnpc china petroleum pipeline bureau china petroleum pipeline engineering corporation cnpc great wall drilling company cnpc jereh group shengli oilfield company sinopec zhongyuan petroleum engineering sinopec economy of china companies of china retrieved from https en.wikipedia.org w index.php title china clean energy & oldid 698944967 categories biodiesel producersrenewable energy in chinaoil companies of chinaenergy companies established in 1995renewable resource companies established in 1995hidden categories articles needing cleanup from march 2008all articles needing cleanupcleanup tagged articles without a reason field from march 2008wikipedia pages needing cleanup from march 2008articles needing additional references from march 2008all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store 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