ClearSign combustion (clir.us) was up more than 20% in early trading on a purchase order from oil gi

ClearSign combustion (clir.us) was up more than 20% in early trading on a purchase order from oil gi

2019-11-05 08:21:26

  ClearSign combustion (clir.us), an emerging leader in industrial combustion technology, was up more than 20 percent in early trading today, up 20.95 percent at $1.27 at 22:03 Beijing time.

  ClearSign today announced that it has received an engineering order from oil giant exxonmobil for the early engineering and installation of ClearSign's core process burner at the company's refinery in the gulf of Mexico.

  ClearSign CEO Dr. Jim deller said the engineering order is one of the last steps ClearSign's core process burner technology will take before it is used at exxonmobil's refinery, and is an important milestone in the company's efforts to demonstrate the technology to its super-specialized plant.

——Author:Kilter of finance and economics