MEMORANDUM OF UNDERSTANDING Between Clean Power Concepts Inc. (hereinafter referred to as “CPOW”) And Chongqing Grain Croup Co., LTD (hereinafter referred to as “CGG”)Memorandum of Understanding • January 25th, 2011 • Clean Power Concepts Inc. • Industrial organic chemicals
● The objective of the JV is to explore the feasibility of jointly building and managing a 600 thousand metric tonne (MT) food canola crush plant located somewhere in Western Canada. The plant will be located in an area with good proximity to canola seeds and mutually acceptable railway access.
