Tri-Tech Holding Awarded $2M in Upgrade Work for Wastewater Treatment Plant
05 January 2010 - 1:00AM
PR Newswire (US)
BEIJING, China, Jan. 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 water resources, announced today that it has
received a $2 million Build-Transfer (BT) contract for a wastewater
treatment plant upgrade in Xinle City, Hebei province. Tri-Tech
will upgrade the plant and transfer ownership to Xinle City. The
upgrade will improve the effluent quality from Class 2 to Class 1A
standards as per the National Discharge Standard of Pollutants for
Municipal Wastewater Treatment Plant. The Xinle wastewater
treatment plant went into operation in 2003 and currently has a
daily capacity of 40,000 metric tons. Reclaimed wastewater
discharged from the treatment plant meets Class 2 standards. The
upgrade work will further decrease the pollution discharged from
the plant. The project will add an enhanced processing system, with
a world-class process combination of a biological aerated filter
(BAF), a rapid filter and chlorine dioxide disinfection. The
enhanced processing system includes a new pumping station, a
disinfecting tank, a chlorination processing system, a forced draft
blower, counter-washing pumping equipment and a power supply
system. The contract covers detailed engineering and design,
process equipment procurement, installation, commissioning &
start-up. The effluent discharged from the upgraded plant will meet
Class 1A standards which is suitable for certain reuses, including
roadway dust control, landscape irrigation and toilet flushing.
Tri-Tech expects to complete construction by the end of February
2010. Tri-Tech CEO Warren Zhao said, "We are pleased to land this
upgrade project in Xinle City using the BT model. With the rapid
economic growth in Xinle, the amount of industrial wastewater and
municipal wastewater is increasing. However, wastewater treatment
facilities have not kept pace with the growth. Inappropriately
treated wastewater has severely polluted the surrounding canal and
downstream rivers. The need to upgrade Xinle's existing wastewater
treatment plant is urgent. The implementation of this project will
reduce urban sewage pollution and improve Xinle city's 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 references to the successful completion of the
project referenced herein and other 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, 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
http://www.hawkassociates.com/profile/trit.cfm
http://www.tri-tech.cn/
Copyright