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To: Shell Searcher who wrote (5148)4/5/1999 11:28:00 AM
From: Frank Fontaine  Respond to of 9440
 
(BSNS WIRE) CNH Holdings Announces Acquisition of Exclusive License to P
CNH Holdings Announces Acquisition of Exclusive License to Patent and Rights to
Purchase Mobile Refining Units


Business Editors/Environment & Energy Writers

KILGORE, Texas--(BUSINESS WIRE)--April 5, 1999--CNH Holdings Co.,
Inc. (OTC BB:CNHH) announces the acquisition of an exclusive license
to patent and rights to purchase mobile refining units.
The agreement with Refining Consultants, Inc. of Albany, Ky.,
gives CNH Holdings exclusive license to patent relating to the
refining of an MTBE alternative Octane Enhancer. The agreement is
pending the verification of certain claims and representations made by
Refining Consultants, Inc. by May 18, 1999. Financial terms were not
disclosed.
The Octane Enhancer is a positive environmental additive that
blends with gasoline components. This high-octane additive is in
direct competition to Methyl tertiary butyl ether ("MTBE"), a fuel
octane enhancer/oxygenator. MTBE has come under attack by the
Environmental Protection Agency (EPA) and is currently banned in
California.
The ban on methyl tertiary butyl ether was imposed on Thursday,
March 25, 1999 by California Gov. Gray Davis because the significant
environmental risks posed by the chemical outweighed its benefits by
its detrimental effects on water quality. California, however, not
only sets the trends in environmental gasoline quality but with
consumption at over 100,000 barrels-per-day (bpd), the west coast
state consumes a third of the country's total demand, and a fifth of
worldwide demand.
The Octane Enhancer can be blended with gasolines worldwide. The
United States current gasoline consumption is $450 million in sales
per day and approximately 332,000,000 gallons of gasoline. To
accommodate international and domestic demand, CNH Holdings Co., inc.
has immediate plans to have a plant shipped to its facility in
Baytown, Texas to produce the Octane Enhancer.
Refining Consultants, Inc., with a chemical engineering
laboratory, has conducted and documented extensive testing of this
Octane Enhancer and its capabilities. It is considered to be one of
the premier ethanol based energy projects globally. If representations
concerning the capabilities of the Octane Enhancer are not verified by
May 18, 1999, CNH Holdings Co. has no obligation to proceed on
closing.
CNH Holdings Co. is a diversified energy and environmental
company. NORM Services Group is in the business of waste disposal /
cleaning up of Naturally Occurring Radioactive Materials (NORM) and
Non-Hazardous Oilfield Waste (NOW) environments. NSG Rentals supplies
rental equipment, maintenance, manpower, and services to off-shore oil
rigs and on-shore oil well sites.
Southport Environmental & Development operates oil and gas
production and leases. Pending completion of the acquisition from
Refining Consultants, Inc., CNH Holdings will form a wholly subsidiary
dedicated to producing, marketing and distributing an ethanol Based
Octane enhancer fuel additive.

Safe Harbor Act Disclaimer: This release may contain
forward-looking statements that involve risks and uncertainties,
including, without limitation, continued acceptance of the company's
products and services, increased levels of competition, new products
and technological changes, the company's dependence upon financing,
due diligence, third-party suppliers and intellectual property rights,
and other risks detailed from time to time in the company's federal
filings, annual report, offering memorandum, or prospectus.

--30--pw/sf* azs/sf

CONTACT: Marketex, Kilgore
Gary Swancey, 903/984-7660
marketex.net
normcleanup.com

KEYWORD: TEXAS CALIFORNIA KENTUCKY
INDUSTRY KEYWORD: ENERGY ENVIRONMENT ENMED OIL/GAS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




*** end of story ***



To: Shell Searcher who wrote (5148)4/5/1999 12:01:00 PM
From: Ga Bard  Respond to of 9440
 
There is a lot going on ... been quiet for a while till things got inked. I have the patent and the agreement in my hand though I cannot disclose the agreement. A plant is due to be in Baytown shortly is what I have been informed. :-)

The patent: 164.195.100.11.

A picture of the skid mounted ethanol based octane enhancer unit CNHH is buying and the facility of Refining COnsultants, Inc.

normcleanup.com then click on the upgrade Ethanol Octane Enhancer Division

Hope this helps...

Gary Swancey
Paid IR in cash, 50K stock option @ $1.00