Oughtibridge, United Kingdom (PressExposure) May 14, 2009 -- Representatives of Nexis International Industries Inc. (Pink Sheets : NXSI) (Frankfurt Bourse: 3nx.f) were the honoured guests at an official ceremony held by Puyang City to celebrate Nexis' entry into China. The formal signing ceremony, which took place on the 3rd March, lasted for much of the day and was extensively covered by Chinese television, radio and print news media.
Nexis had previously concluded agreements with the city to establish a Nexis plant near Puyang City. This agreement covered the supply of waste for processing by Nexis, provision of land for the plant as well as the provision of land to support the development of homes that would be built using Nexis building panels.
In his keynote address at the event, Zeng Shijun, the Vice Mayor of Puyang City Government, pledged to " continuously provide support to the [Nexis] project, ensuring its sound development." Executive Chairman of Nexis, Walter Filler, thanked the Chinese regional government for its support and emphasized that Nexis "looks forward to working with the City of Puyang in building and operating our Nexis Plant."
The ceremony was attending by many high ranking government officials including Zhang Huaixi: Secretary of Communist Party Committee of Hualong District of Puyang City, Tian Deyu: Director of Restructure and Development Committee of Puyang City, Zhang Tingyuan: Vice Director of Commerce Bureau of Puyang City, Xu Fucheng: Director of Hualong District Government of Puyang City Liu ziqian: Vice Secretary of Communist Party of Hualong District of Puyang City, Cui Fengkun: Vice Director of Hualong District Government of Puyang City, Cao Xiuli: Director of Commerce Bureau of Hualong District of Puyang City, Yue Caitian: Director of Restructure and Development Committee of Hualong District of Puyang City.
CEO/President of Nexis, Rahoul Ray, said the event in Puyang was indicative of the high regard that Nexis business was held in China, and said details regarding the commercial arrangements with Puyang City for would be released in the near future.
About Nexis International Industries, Inc Nexis International Industries have developed an innovative technology for an environmentally sustainable future. The Nexis International Manufacturing System was created through significant research and development into an industrial solution that was able to solve three major issues facing governments and consumers: waste management, job creation and affordable housing. The Nexis International Manufacturing System is able to convert landfill destined waste into environmentally friendly building panels, marketed under the trade name "5Stargreenâ¢" for use in the construction of modular houses.