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China Environment Ltd Secures Three Contracts With An Aggregate Value Of CNY86.6 Million To Supply Electrostatic Precipitators To Indonesia

Monday, 2 Sep 2013 05:36am EDT 

China Environment Ltd announced that its wholly-owned subsidiary, Fujian Dongyuan Environmental Protection Co., Ltd. (Fujian Dongyuan), has on September 2, 2013 secured three contracts with an aggregate value of CNY86.6 million from Changshu City Huanen Environmental Protection Engineering Co., Ltd. The three contracts covered all the three construction phases of a lateritic nickel ore processing plant in Indonesia. This lateritic nickel ore processing plant has the capacity to process 2.4 million tonnes of lateritic nickel ore annually. Under the contracts, Fujian Dongyuan is responsible to design, construct and install two ESPs for each phase of the lateritic nickel ore processing plant. In total, Fujian Dongyuan will supply six units of ESPs. All the three contracts will commence by third quarter of 2013 and expected to be completed by first quarter of 2014. The contracts were entered into on commercial terms. 

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27 Aug 2014