NF Energy
NF Energy-saving Corporation of America was listed on NASD OTCBB stock market. (Trading Symbol: NFES.OB). The Company operates its business through its wholly owned subsidiary in China, Liaoning Nengfa Weiye Energy Technology Co., Ltd., which principally focus on manufacturing energy-saving equipments and new energy facilities, contracting with energy-saving & pollution reduction Turn-Key project, and operating Energy Management Contract (EMC) projects.
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NF Energy delivers 24 butterfly valves to Guangzhou water project
NF Energy Saving Corp (OTCBB: NFEC) said it has delivered 24 sets of
its newly developed DN3600 ductile iron butterfly valve to a large
water supply project in Guangzhou, the provincial capital of Guangdong
in Southern China.
The group announced winning the order from the Guangzhou Water Affairs Bureau in August 2009.
NF Energy expects to recognize revenue of US$2.25 million in the fourth quarter of 2009 from the delivery.
The DN3600 valve has an internal diameter of 3.6 meters and is the
largest butterfly valve deployed in China. The advanced ductile iron
technology has improved the anticorrosion and impact resistance of the
valve, which extends its working life to over 30 years.
Chairman and CEO Li Gang commented: "This important water supply
project ... will greatly improve the water quality in Guangzhou and
secure the water supply for the forthcoming Guangzhou Asian Games.”
Other NF Energy news
- NF Energy Saving shares down as Q4 earnings slide
2011-03-25 - NF Energy signs contract with Fuxin HF Bio-energy for energy savings project in China
2010-09-15 - NF Energy expects to increase revenue by at least 33% in 2010
2010-04-21 - NF Energy expects to benefit from Chinese policies for energy
2010-04-14 - NF Energy expects 2009 earnings to soar 250% as revenues climb 28%
2010-02-26
