The Coretec Group Featured in Syndicated Broadcast Covering Recent Acquisition of a Controlling Stake in KIB Plug Energy Co., Ltd.
The Coretec Group (OTCQB: CRTG) has announced its acquisition of a controlling stake in KIB Plug Energy Co., , a KOSPI-listed company in South Korea. KIB Plug Energy operates in 53 countries, providing design, engineering, manufacturing, and maintenance solutions for chemical and petroleum production plants. The company has demonstrated financial stability with annual revenues exceeding $70 million over the past five years. Dr. Kim, co-chairman of Coretec, described the acquisition as transformative, emphasizing their focus on energy innovation and sustainable solutions.
The Coretec Group (OTCQB: CRTG) ha annunciato l'acquisizione di una partecipazione di controllo in KIB Plug Energy Co., una società quotata nel KOSPI in Corea del Sud. KIB Plug Energy opera in 53 paesi, fornendo soluzioni di progettazione, ingegneria, produzione e manutenzione per impianti di produzione chimica e petrolifera. L'azienda ha dimostrato stabilità finanziaria con entrate annuali superiori a $70 milioni negli ultimi cinque anni. Il Dr. Kim, co-presidente di Coretec, ha descritto l'acquisizione come trasformativa, enfatizzando il loro focus sull'innovazione energetica e soluzioni sostenibili.
The Coretec Group (OTCQB: CRTG) ha anunciado la adquisición de una participación de control en KIB Plug Energy Co., una sociedad que cotiza en el KOSPI en Corea del Sur. KIB Plug Energy opera en 53 países, ofreciendo soluciones de diseño, ingeniería, fabricación y mantenimiento para plantas de producción química y petrolera. La empresa ha demostrado estabilidad financiera con ingresos anuales que superan los $70 millones durante los últimos cinco años. El Dr. Kim, copresidente de Coretec, describió la adquisición como transformadora, enfatizando su enfoque en la innovación energética y soluciones sostenibles.
코어텍 그룹 (OTCQB: CRTG)은 한국 코스피에 상장된 KIB 플러그 에너지(Co) 의 지배 지분을 인수했다고 발표했습니다. KIB 플러그 에너지는 53개국에서 운영되며 화학 및 석유 생산 공장을 위한 설계, 엔지니어링, 제조, 유지보수 솔루션을 제공합니다. 이 회사는 지난 5년 동안 연간 수익이 $7000만 달러를 초과하며 재정적 안정성을 입증했습니다. 코어텍의 공동회장인 김 박사는 이번 인수를 혁신적인 변화로 설명하며 에너지 혁신과 지속 가능한 솔루션에 대한 집중을 강조했습니다.
The Coretec Group (OTCQB: CRTG) a annoncé son acquisition d'une participation de contrôle dans KIB Plug Energy Co., une entreprise cotée au KOSPI en Corée du Sud. KIB Plug Energy opère dans 53 pays, offrant des solutions de conception, d'ingénierie, de fabrication et de maintenance pour les usines de production chimique et pétrolière. L'entreprise a démontré sa stabilité financière avec des revenus annuels dépassant $70 millions au cours des cinq dernières années. Le Dr. Kim, co-président de Coretec, a décrit l'acquisition comme transformationnelle, en soulignant leur concentration sur l'innovation énergétique et les solutions durables.
Die Coretec Group (OTCQB: CRTG) hat ihre Übernahme einer Kontrollbeteiligung an der KIB Plug Energy Co., einem am KOSPI gelisteten Unternehmen in Südkorea, bekannt gegeben. KIB Plug Energy ist in 53 Ländern aktiv und bietet Planungs-, Ingenieur-, Produktions- und Wartungslösungen für chemische und petrochemische Produktionsanlagen an. Das Unternehmen hat in den letzten fünf Jahren eine finanzielle Stabilität mit jährlichen Einnahmen von über 70 Millionen US-Dollar gezeigt. Dr. Kim, Co-Vorsitzender von Coretec, bezeichnete die Übernahme als transformativ und betonte den Fokus auf Energieinnovation und nachhaltige Lösungen.
- Acquisition of controlling stake in established KOSPI-listed company
- KIB Plug Energy's proven track record with $70M+ annual revenue
- Global presence across 53 countries
- Diversification into chemical and petroleum plant services
- None.
LOS ANGELES, Dec. 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- The Coretec Group, Inc. (OTCQB: CRTG) (“Coretec” or the “Company”) today announces that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release covers Coretec’s acquisition of a controlling stake in KIB Plug Energy Co., Ltd. (“KIB Plug Energy”), a prominent KOSPI-listed enterprise in South Korea, as part of a broader initiative to solidify its status as a global powerhouse in energy and technology.
To hear the audio production, visit: https://www.nnw.fm/k0Ruk
To read the original press release, visit: https://www.nnw.fm/qyVGS
KIB Plug Energy operates across 53 countries, offering design, engineering and manufacturing services, as well as maintenance solutions for chemical and petroleum production plants. Over the past five years, the company has maintained annual revenues exceeding US
“This acquisition marks a transformative moment in our journey,” Dr. Kim, co-chairman of Coretec, stated in the press release. “We are redefining the energy landscape through groundbreaking innovations and a relentless commitment to sustainable solutions.”
About The Coretec Group
The Coretec Group, Inc., headquartered in Ann Arbor, Michigan, has traditionally specialized in the development of engineered silicon for advanced applications. Through its proprietary Endurion program, Coretec developed patented material science innovations in silicon based anodes for lithium-ion batteries designed to charge faster and last longer.
In August 2024, Coretec acquired Core Optics, a leading maker of testing and calibration equipment for Compact Camera Modules (CCM) used in automotive, mobile, and other technologies. This strategic move strengthens Coretec’s position in the fast-growing global automotive camera market, projected to rise from
For more information, please visit thecoretecgroup.com.
About NetworkNewsAudio
NetworkNewsAudio (“NNA”), one of 60+ brands within IBN, allows you to sit back and listen to market updates, CEO interviews and AudioPressRelease (“APR”) productions. These audio clips provide snapshots of position, opportunity and momentum. NNA can assist by cutting through the overload of information in today's market, while bringing its clients unparalleled visibility, recognition and brand awareness. IBN is where news, content and information converge. IBN is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, IBN has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of 5,000+ key syndication outlets across the nation.
For more information, visit: www.NetworkNewsAudio.com
Please see full terms of use and disclaimers on the IBN website applicable to all content provided by IBN, wherever published or re-published: https://IBN.fm/Disclaimer
Corporate Contact:
The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833
Wire Service Contact:
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
Editor@InvestorBrandNetwork.com
FAQ
What is the annual revenue of KIB Plug Energy, acquired by CRTG?
How many countries does KIB Plug Energy operate in after CRTG's acquisition?
What services does KIB Plug Energy provide under CRTG ownership?
What stock exchange is KIB Plug Energy listed on?
What is the strategic significance of CRTG's acquisition of KIB Plug Energy?
