China Energy Recovery
China Energy Recovery is an international leader in designing, manufacturing and installing waste heat energy recovery systems which provide facilities with greater energy efficiency. The company's primary focus is on the Chinese market.
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China Energy Recovery wins heat receovery system contract from Hubei Sanning
China Energy Recovery Inc (OTC:CGYV) said it won a US$5.05 million engineering, procurement and construction (EPC) contract for a heat recovery system from Hubei Sanning Chemical, a fertilizer and coal chemical subsidiary of Jincheng Coal Group, a top-10 Chinese coal producer.
This order follows a US$4.47 million EPC deal announced earlier this month to build a sulfuric acid plant with built-in waste heat recovery system for Tianjin Qinfa Chemical a subsidiary of Tianjin Bohai Chemical Group.
"We are very pleased to have secured two significant projects in September," chairman and CEO Qinghuan Wu said, adding: "We see the market for our waste energy recovery systems and engineering services continuing to grow strongly. As a result, we expect a stronger year in 2010 as we bring new manufacturing capacity online with the completion of our state- of-the-art manufacturing facility in the second half of 2010."
Other China Energy Recovery news
- China Energy Recovery completes US$1.42m contract for Hubei Yangfeng Group
2009-10-14 - China Energy Recovery names Estelle Lau independent director
2009-10-07 - China Energy Recovery wins US$4.47m sulfuric acid plant order in Tianjin
2009-09-09 - China Energy Recovery agrees major terms for site of new manufacturing plant
2009-08-27 - China Energy Recovery files new heat recovery patent
2009-08-19
