Resort Savers, which is focused on acquiring cutting-edge and market-ready technologies for use in the Chinese petroleum industry, as evinced by their recent $2 million, 20% pre-IPO equity option acquisition of Worx America, Inc. and the exclusive rights throughout China on their proprietary environmental engineering technologies, is in a prime position to capitalize on projected 15% average annual growth of the Chinese environmental cleanup and protection sector. RSSV has made this sizeable investment in order to capture the pole position in the race to serve this growth market, which is seen by the Chinese cabinet’s State Council as being the front lines of an ongoing struggle to curb pollution in China, while extracting greater value from the petroleum industry, and the refining industry in particular.
Pollution has become a leading concern among the populace in China and the Xi Jinping administration is taking huge steps to address this issue, putting petroleum industry operators under the gun to not only increase production, but sharply reduce their environmental impact. Facing either closure or consolidation for failure to meet targets set in the Chinese Government’s new mandated plan, which has been a big priority under Xi Jinping, operators in China’s sprawling petroleum industry will invariably seek out companies like RSSV to help satisfy these new and daunting requirements.
Even as China shifts its development focus towards urbanization and its service industries, the new and definitive ICIS China Petroleum Annual Report from the biggest energy and petrochemicals market analyst business in the country, shows the oil industry rebounding sharply in 2015. Projected oil demand over the next 12 months is seen as growing 4.1%, up markedly from 2014’s growth figure of just 1.1%, even as net crude oil imports also rise 7% on the need to fill strategic stocks (Strategic Reserve programme), with China buying up cheaper oil like gangbusters.
Hence RSSV’s major pre-IPO investment in Worx America, whose automated robotic systems can quickly and easily clean the many containers used throughout the industry, as well as recovering clean oil from container waste sludge in the process. Such technology increases profits, decreases cleaning time, removes humans from dangerous and hazardous jobs, vastly improves environmental impacts, and helps industry operators across the board meet the new targets being set by government. Worx’s patented, computer-controlled hydrobot tank cleaning system for the petrochemical industry (http://worxamerica.com/project/robotic-spraying-system) will no doubt emerge as an indispensable technology in this dynamic environment, as it can perform pressure jet (now including water and sand blasting) on a variety of tank interiors, from ISO Standard tank containers and roll-off dumpsters used for construction and demolition waste, to tanker railcars and above/underground storage tanks.
Versatile design and construction allows the Worx automated robotic system to connect to virtually any opening; it is then simply a matter of entering a program number and the control system automatically actuates the system’s hydraulics and initiates spraying, with a wide range of options available to create an overall area clear pattern. The robust functionality of the spraying system allows for virtually any pattern that can be designed, making the Worx America robotic spraying system an ideal stand-in for the industry standard of placing humans into hazardous environments in order to complete a thorough cleaning of various tank interiors. The sophisticated and proprietary software driving the robotics automatically calculates and adjusts for factors like the gravity of the spray stream, time on target, and the amount of overlap between successive passes.
Falling oil prices have been a real boon to Asian markets, with cheaper oil representing a transfer of around $1.5 trillion from oil producers to net importers, according to the China division of leading information, expertise and analysis provider, IHS (NYSE:IHS). And yet the still-booming Chinese mainland oil refining industry, combined with slowing primary consumption rates throughout the country, could push China into the role of a net exporter this year according to some analysts. Government mandated environmental regulations will continue to put increasing pressure on the industry at the same time, which will in turn create strong tailwinds for companies like Resort Savers, which has both the crucial technologies and industry partnerships required to exploit the situation and secure greater market share.
Chinese oil refineries in particular are being forced to modernize, clean up their acts and wring more output from operations, or face being shut down under the weight and force of increasingly stringent governmental regulation. Resort Savers is already out ahead of this game and is continuing to put together the tools and the talent needed to turn a handsome profit as the emerging trends in the Chinese oil industry continue to take shape.
For more information, visit www.resortsaversinc.com and www.worxamerica.com
Let us hear your thoughts: Resort Savers, Inc. Message Board
