Tri-Tech Holding Awarded $1.6M Municipal Sewage Treatment Contract
04 Novembre 2009 - 3:00PM
PR Newswire (US)
BEIJING, Nov. 4 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding
Inc. (NASDAQ:TRIT), a premier Chinese company that engineers,
manages and monitors municipal sewer systems, natural waterways and
other Chinese water resources, announced today it has received a
$1.6 million contract for a sewage treatment plant from the
Construction Bureau of Kuancheng Manchu Autonomous County in
Chengde City, Hebei Province. The RMB10,887,800 contract for the
Kuancheng County sewage treatment plant is a key Chengde City
project for reduction of wastewater discharge. The plant will have
a daily sewage treatment capacity of 20,000 tons that can be
expanded to a maximum capacity of 30,000 tons. Kuancheng County has
a population of 240,000 that will benefit from this project. For
the project, Tri-Tech will use a modified anaerobic ammonium
oxidizing (A2/O) process with a "V" filter. A2/O is a well-known
process that enables the removal of biological nutrients such as
phosphorous or ammonium pollutants from sewage without adding
special chemicals. Reclaimed wastewater discharged from the
treatment plant will meet Class 1A standards as per the National
Discharge Standard of Pollutants for Municipal Wastewater Treatment
Plant. This reclaimed wastewater is suitable for certain reuses,
including landscape irrigation, roadway dust control, and toilet
flushing. The contract includes procurement and installation of
process equipment, pipelines, valves, electric devices, automatic
control instruments, industrial television monitoring systems, as
well as personnel training, plant inspection and completion trials.
Tri-Tech CEO Warren Zhao said, "We are pleased to work with
Kuancheng County in building its first sewage treatment plant with
a sewage disposal rate of 90%. This contract with a municipal
client emphasizes our strong competitive position in China's
wastewater treatment industry. We're honored that China's municipal
governments continue to select Tri-Tech for superior equipment and
technology to reduce urban sewage pollution and improve ecological
environment and water quality." About Tri-Tech Holding Inc.
Tri-Tech designs customized sewage treatment and odor control
systems for China's municipalities and its larger cities. These
systems combine software, information management systems, resource
planning and local and distant networking hardware that includes
sensors, control systems, programmable logic controllers,
supervisory control and data acquisition systems. The company also
designs systems that track natural waterway levels for drought
control, monitor groundwater quality and assist the government in
managing its water resources. Tri-tech owns seven software
copyrights and two technological patents and employs 108 people.
Please visit http://www.tri-tech.cn/ for more information. An
online investor kit including a company profile, press releases,
current price quotes, stock charts and other valuable information
for investors is available at
http://www.hawkassociates.com/profile/trit.cfm . To subscribe to
future releases via e-mail alert, visit
http://www.hawkassociates.com/about/alert/ . This press release
contains forward-looking statements, as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying
assumptions and other statements that are other than statements of
historical facts. These statements are subject to uncertainties and
risks including, but not limited to, product and service demand and
acceptance, changes in technology, economic conditions, the impact
of competition and pricing, performance under contracts,
implementation of contractual terms as currently contemplated,
future expansion decisions by the government, government
regulation, and other risks contained in reports filed by the
company with the Securities and Exchange Commission. All such
forward- looking statements, whether written or oral, and whether
made by or on behalf of the company, are expressly qualified by the
cautionary statements and any other cautionary statements which may
accompany the forward-looking statements. In addition, the company
disclaims any obligation to update any forward-looking statements
to reflect events or circumstances after the date hereof. For more
information, please contact: Investors Contact: Hawk Associates
Susan Zhou Tel: +1-305-451-1888 Email: DATASOURCE: Tri-Tech Holding
Inc. CONTACT: Investors, Hawk Associates, Susan Zhou,
+1-305-451-1888, Web site:
http://www.hawkassociates.com/about/alert
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