Euro Tech Holdings announces another contract of its associated company
BVI-registered and Hong Kong-based EuroTech Holdings Company Limited announced on August 11 that its associated company, Zhejiang Tianlan Desulfurization and Dust-Removal Co. Ltd. in Zhejiang, China, which was founded in 2000, has received four contracts with various companies in China. The contracts on total amount of US$8.3mln cover design, manufacture, supply and commissioning of desulfurization equipment for boilers, for applications in paper, heat and power plants in Shandong, Fujian, Zhejiang and Guangdong.
It is not the first contract, “gradually being materialized in the second half of 2008â€, by words of Mr. T.C. Leung, Chairman and CEO of the BVI company. Recently Euro Tech Holding Company (BVI) announced that its wholly-owned and majority-owned subsidiaries have been awarded contracts from Yang Cheng power generation company and US chemical company, worth US$1.9 mln and US$1.6 mln respectively.