Clean Vision Corp Stock Price, News & Analysis

Clean Vision Corporation (OTCQB:CLNV) announced the acquisition of a 51% stake in Morocco's Ecosynergie Group (ESG) through its subsidiary, Clean-Seas, Inc. The $6.5 million deal, structured with an initial $2 million payment, aims to enhance ESG's pyrolysis waste-plastic conversion capacity from 20 tons per day (TPD) to 120 TPD by mid-2023, with further expansion planned. The acquisition, expected to close in Q1 2023, will rename ESG to Clean-Seas Morocco, LLC, led by Clean Vision's Chief Revenue Officer, Dan Harris. This strategic move is anticipated to generate revenue and promote environmental sustainability while creating local jobs.

Clean Vision Corporation (OTCQB:CLNV) announced the appointment of Bart S. Fisher, JD, Ph.D., to its Board of Directors, enhancing its leadership with 50 years of experience in international corporate litigation and complex financial transactions. Mr. Fisher, who has been nominated for two Nobel Prizes, emphasized his commitment to Clean-Seas' mission of reducing global waste plastic through innovative technologies. CEO Dan Bates highlighted the importance of Fisher's expertise in financing projects worldwide as Clean-Seas expands its Plastic Conversion Network across four continents.

Clean Vision Corporation (OTCQB:CLNV) announced a joint venture with NuWay Go Recycle Center LLC to establish Clean-Seas Newaygo in Michigan. This follows the state’s recognition of pyrolysis as an approved manufacturing process, enabling project development. The facility aims to process 50 tons of plastic waste per day, with potential expansion to 500 tons. The project is budgeted at $20 million, funded through debt and equity, with additional support from state incentives. Operations are expected to begin in late 2023 or early 2024.

Clean Vision Corporation (OTC PINK:CLNV) has appointed Gregg Boehmer as an independent member of its Board of Directors and the Audit Committee, increasing the Board's total to four members. Boehmer brings significant experience in publicly traded companies, having been a management consultant since 2021. He holds a master’s degree in Human Resource Management. CEO Dan Bates expressed confidence in Boehmer’s ability to bolster the company’s leadership in the sustainable clean technology sector.

Clean Vision Corporation (OTC PINK:CLNV) announced a partnership with the Hyderabad Marathon on August 28, 2022. Its subsidiary, Clean-Seas India Pvt Ltd (CSI), will collect waste plastic from the event for processing at its local waste plastic-to-energy facility. This initiative is part of the 'Plastic Free Hyderabad' program aimed at raising awareness about plastic waste and converting it into energy. The pilot plant can process up to 1.5 tons of waste plastic daily, producing low sulfur diesel and hydrogen fuels. CEO Dan Bates emphasized the importance of promoting environmental sustainability.

Clean Vision Corporation (OTCQB:CLNV) announced a binding term sheet with Pax Petroklmya Sanayi Ve Dis Ticaret Limited, Sirketi to develop a waste plastic-to-energy plant in Turkey. This venture involves establishing a new entity, Clean-Seas Turkey, LLC, which will manage operations for a 150 tons-per-day facility. PPI will provide land and assist with permits and feedstock. Turkey's economy shows promise with 7.3% GDP growth in Q1 2022, and the country is increasingly focused on recycling and environmental sustainability.

Clean Vision Corporation has announced its subsidiary, Clean-Seas India, will establish a Plastic Free Hyderabad initiative on World Ocean Day, June 8, 2022. This annual event aims to raise awareness and reduce waste plastic in Hyderabad. Clean-Seas plans community clean-ups, emphasizing the necessity of addressing plastic waste on land to tackle ocean pollution. Participants will receive educational programs and PPE. The initiative symbolizes Clean-Seas' commitment to combating the global plastic crisis through its Plastic Conversion Network.

Clean Vision Corporation (OTCQB:CLNV) announced that its subsidiary EcoCell, in collaboration with Kingsberry Fuel Cell Power, has completed the architecture design for a hybrid hydrogen-based fuel cell electric power system. Prototypes are expected to be demonstrated to potential customers next month. The fuel cell aims to deliver clean multi-fuel hydrogen power and has multiple applications, including for marine mobility and electric vehicle charging. This milestone aligns with the growing demand for hydrogen solutions as countries focus on sustainability.