Singapore Stock Market News
China Environment - secures 2 new contracts
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Publish date: Tue, 21 Jan 2014, 03:42 PM
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China Environment Ltd (CEL) has just announced that it has won several new contracts.
The first contract worth RMB110m is to upgrade two units of existing electrostatic precipitators (ESP) for Nanjing Iron and Steel United (NIS) Co. Ltd. As mentioned in our plant visit report dated 22 Oct 2013, CEL has built up to 15 such machines for NIS since 2004, and we understand that all these machines are due for upgrades to meet the increasingly higher discharge standards over the next few years.
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