CleanCore Solutions praises the EPA's ban on carcinogenic chemicals, promoting its safe, water-based cleaning technology as an alternative.
Quiver AI Summary
CleanCore Solutions, Inc. has praised the Environmental Protection Agency (EPA) for banning two carcinogens, trichloroethylene (TCE) and perchloroethylene (PCE), which have long posed health risks in consumer and industrial products. TCE, used in degreasing and other items, is now completely banned, while PCE will see restrictions on consumer and most commercial uses. As companies seek safer alternatives to comply with the new regulations, CleanCore highlights its patented water-based cleaning technology, which offers effective solutions without harmful chemicals, aiming to protect health and the environment. CEO Clayton Adams expressed support for the EPA's actions and emphasized CleanCore's commitment to providing innovative cleaning methods that prioritize safety and cost efficiency.
Potential Positives
- CleanCore Solutions' recognition by the EPA for its safe, innovative cleaning technology positions the company as a leader in the transition to environmentally friendly alternatives following the ban of harmful chemicals.
- The ban on carcinogenic chemicals TCE and PCE creates a market opportunity for CleanCore as companies seek compliant and safer cleaning solutions, potentially increasing demand for its products.
- The press release underscores CleanCore's commitment to public health and environmental safety, enhancing its reputation and brand trust among consumers and businesses alike.
- CEO Clayton Adams' statements indicate the company's proactive stance and readiness to support businesses in adapting to new regulations, signaling a strong customer-oriented approach that could lead to long-term partnerships.
Potential Negatives
- The company's reliance on the EPA banning traditional cleaning chemicals could indicate vulnerability in its business model, suggesting it may have previously been competing in a market with potentially harmful products.
- The statement emphasizes potential regulatory pressures for companies to adopt CleanCore's technology, which may limit the readiness of some potential customers to transition, impacting sales.
- The reliance on forward-looking statements in the press release introduces uncertainty about CleanCore's future performance, raising concerns for investors about the company's ability to meet its own expectations.
FAQ
What recent action did the EPA take regarding hazardous cleaning chemicals?
The EPA banned trichloroethylene (TCE) and perchloroethylene (PCE) due to their carcinogenic risks to public health.
How does CleanCore Solutions support companies after the EPA's ban?
CleanCore Solutions provides innovative, water-based cleaning technology that offers safe, chemical-free alternatives for compliance with the new regulations.
What is the mission of CleanCore Solutions?
CleanCore Solutions aims to revolutionize cleaning practices by offering cost-effective, sustainable solutions that exceed traditional methods.
Why are trichloroethylene and perchloroethylene dangerous?
TCE and PCE are known carcinogens that pose significant health risks, including cancer and other severe conditions, when exposed to humans.
What technology does CleanCore utilize to replace traditional cleaning chemicals?
CleanCore uses patented aqueous ozone technology, which eliminates the need for hazardous substances while ensuring effective cleaning performance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ZONE Insider Trading Activity
$ZONE insiders have traded $ZONE stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ZONE stock by insiders over the last 6 months:
- CLAYTON ADAMS (Chief Executive Officer) has traded it 2 times. They made 2 purchases, buying 15,000 shares and 0 sales.
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Full Release
Omaha, NE, Dec. 18, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“ CleanCore ” or the “ Company ”), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, commends the Environmental Protection Agency (EPA) for its decisive action to ban two known carcinogens used in a variety of consumer products and industrial settings. The ban targets trichloroethylene (TCE) and perchloroethylene (PCE, or perc), substances that have posed significant risks to public health for decades. These measures mark a substantial step forward in reducing exposure to dangerous chemicals linked to cancer and other severe health conditions.
Trichloroethylene, a chemical found in degreasing agents, furniture care products, and automotive repair supplies, has been completely banned by the EPA. Perchloroethylene, a solvent extensively used in dry cleaning and auto repair, will see all consumer applications and most commercial uses prohibited under the new rules.
Companies relying on these chemicals must now adopt safer, chemical-free alternatives to maintain compliance with the EPA's stringent regulations. CleanCore Solutions offers a proven path forward with its innovative, water-based cleaning technology that delivers exceptional performance without harmful chemicals. By eliminating toxic substances, CleanCore's products not only comply with regulatory requirements but also prioritize the health and safety of workers, consumers, and the environment.
“We are very pleased with the EPA’s acknowledgment of the dangers of these chemicals and taking inevitable action to ban them,” said Clayton Adams, CEO of CleanCore Solutions. “At CleanCore Solutions, we have long recognized the risks associated with these chemicals and developed aqueous ozone technology as a safe alternative. This technology eliminates the need for hazardous substances, providing a solution that reduces health risks and supports operational cost efficiency. We look forward to supporting companies as they reevaluate their cleaning and maintenance practices as a result of these bans with the potential of adopting our technology as part of their transition to safer solutions.”
About CleanCore Solutions
CleanCore Solutions, Inc. (NYSE American: ZONE) is dedicated to revolutionizing cleaning and disinfection practices by harnessing the power of its patented aqueous ozone technology. The Company’s mission is to empower its customers with cost-effective, sustainable solutions that surpass traditional cleaning methods. Through innovation and commitment to excellence, CleanCore strives to create a healthier, greener future for generations to come. For more information, please visit
https://www.cleancoresol.com/
.
Forward Looking Statements
This press release contains information about our views of future expectations, plans, and prospects with respect to CleanCore’s business, financial condition, and results of operations that constitute or may constitute forward-looking statements. Any and all forward-looking statements are based on the management’s beliefs, assumptions, and expectations of CleanCore’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although CleanCore believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. CleanCore does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Forward-looking statements are subject to a number of factors, risks, and uncertainties, some of which are not currently known to us, that may cause CleanCore’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the SEC.
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