CW Petroleum Corp (CWPE): Shareholder Update Announcing 2021 Business Plan
CW Petroleum Corp (OTCQB: CWPE) announced its 2021 business plan focused on growth through four strategic paths. These include: 1 introducing its Proprietary EPA approved Reformulated “No Ethanol” Gasoline in the Northeast and Midwest; 2 expanding Refined Products Trading across approved USA pipelines; 3 boosting sales of Biodiesel, Renewable Diesel Fuel, and Renewable Gasoline; and 4 acquiring Convenience Stores to integrate its operations. The company aims to enhance its presence in the renewable fuel market.
- Introduction of proprietary EPA approved gasoline could capture new market segments, especially in the Northeast and Midwest.
- Expansion of refined products trading may increase revenue streams.
- Focus on renewable fuels aligns with growing industry trends towards sustainability.
- Acquisition of convenience stores may lead to increased sales and brand presence.
- None.
Katy, Texas, March 01, 2021 (GLOBE NEWSWIRE) -- CW Petroleum Corp (OTCQB: CWPE), in a Shareholder Update, announce today an outline of the company’s 2021 busines plan for growth. The company’s growth plans include 4 strategic paths:
First, the introduction of its Proprietary EPA approved Reformulated “No Ethanol” Gasoline into the North Eastern USA and Midwestern States.
Second, the expansion of its Refined Products Trading across all USA Refined Products Pipelines it is currently approved to ship on.
Third, the expansion of sales of Biodiesel, Renewable Diesel Fuel and Renewable Gasoline. As part of its “Green Renewable Fuels Program”.
Fourth, the rapid acquisition of Convenience Stores so it can become a fully integrated oil company.
For additional information, visit our website at cwpetroleumcorp.com or call 281-817-8099
About CW Petroleum Corp
CW Petroleum Corp supplies and distributes Biodiesel, Biodiesel Blends, Ultra Low Sulfur Diesel Fuel, Gasoline, and a Proprietary EPA Approved Reformulated No Ethanol Gasoline to distributors, retail stations, marinas and end-users.
Forward-Looking Statements
Certain statements in this press release may contain "forward-looking statements" regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the markets in which we operate and the beliefs and assumptions of our management. Words such as "expects," "anticipates," "targets," "goals," "projects", "intends," "plans," "believes," "seeks," "estimates," "endeavors," "strives," "may," or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company's most recent annual report on Form 1-K, as such may be amended or supplemented by subsequent semiannual reports on Form 1-SA, or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company's filings with the Securities and Exchange Commission.
FAQ
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