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Calgary, Alberta — July 17, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Mr. Philip Chong as the Company’s Chief Financial Officer (“CFO”).
“Mr. Chong brings to AdvEn a wealth of international business experience across diverse industries, including financial investment, property development, manufacturing, clean energy, internet, life sciences, and food industries,” commented AdvEn board chair Dr. Greg Ombach. “With his extensive background in banking, corporate finance, trade finance, mergers and acquisitions, and investment banking, we believe Mr. Chong’s expertise will be instrumental in guiding AdvEn’s financial strategies and supporting our rapid growth phase.”
Mr. Chong had been the CFO of AdvEn Industries Inc. since its founding in 2011 until it became a wholly-own subsidiary of AdvEn Inc. in December 2021 and since then served as a director of AdvEn . He has been integral to the Company’s strategic planning. With over 35 years of business experience, Mr. Chong has demonstrated exceptional leadership and entrepreneurial skills. He earned his Bachelor of Business Administration at Concordia University and has held prominent roles in various companies, including President and Director of KNP Group Inc. since December 1998, CEO and Director of Mega View Digital Entertainment Corp. (TSXV: MVD.H) since April 2017, and CFO and Director of Richmond Minerals Inc. (TSXV:RMD) since October 2023.
“Mr. Chong’s appointment comes at a pivotal time as AdvEn advances its ASAC plant commissioning and prepares for initial production,” added Dr. Ombach. “We are confident that Mr. Chong’s financial expertise and his strategic insight will significantly contribute to the rapid growth of our business, ensuring long-term financial stability, and value creation for our shareholders.”
About Us
AdvEn Inc. (formerly Nano Innovations Inc.), through its wholly owned subsidiary AdvEn Industries Inc., develops and commercializes carbon-centric advanced technologies converting petroleum refinery residues into non-combustible products for energy and environmental applications. AdvEn’s 36,000 ft2 manufacturing plant and research facility in Nisku, Alberta, Canada will initially produce up to 400 metric tons per year of advanced super activated carbon (“ASAC”) before scaling to 1,200 metric tons per year; and is also piloting the Company’s patented dry electrode super adhesive coatings (“ESAC”) process. Both ASAC and ESAC provide superior technical performance, reduced GHG emission and energy consumption with excellent cost efficiency.
AdvEn, ASAC and ESAC are trademarks of AdvEn in Canada and the United States.
Calgary, Alberta — July 15, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Dr. Yanguang Yuan, as the Company’s Chief Executive Officer (“CEO”). “Dr. Yuan was the founding CEO of AdvEn Inc. and had stepped aside in July 2023 as the Company progressed with plant construction and its initial public offering. […]
Calgary, Alberta — July 15, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Donald (“Don”) Nicholson to its esteemed Board of Directors, succeeding Eloner Habtezghi. Don brings a wealth of experience in corporate leadership and governance coupled with his extensive engineering career in overseeing major projects across multiple industries. Mr. Nicholson […]
December 6, 2023 (Calgary, AB) –AdvEn, a leading material technology and manufacturing company, has inked a significant Contribution Agreement with Emissions Reduction Alberta (ERA), securing $2 million in funding for its pioneering project, "Pilot Production of Electrodes for Energy Storage Systems on Industrial-scale Equipment via a Transformative Dry Process.”
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October 30, 2023, (Calgary, AB) – AdvEn Industries Inc., a wholly owned subsidiary of AdvEn Inc., received its occupancy permit today from the County of Leduc for its advanced super activated carbon (“ASAC”) manufacturing plant in Nisku, Alberta.
