Latest company announcements to the Singapore Exchange ....
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SUNPOWER GROUP has clinched a RMB18.5 million contract with Zhejiang Yisheng Petrochemical Company Ltd. to manufacture, and supply two sets of special-material oxidation reactor equipment for Zhejiang Yisheng’s purified terephthalic acid (PTA) project.
PTA is an important basic raw material in chemical processes. The contract is expected to be delivered in the second half of year 2010.
Professor Guo Hong Xin, Executive Chairman of Sunpower Group: “Typically where most of Zhejiang Yisheng’s equipment are imported from developed foreign markets such as the United States, Europe and Japan, we are honoured to join the league as a Chinese supplier in lending our technological competency and expertise in supplying high-end equipment.”
Full announcement here.
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UNITED ENVIROTECH strengthens recurring income base with newly secured BOT project.
-- Group to build and operate 160,000 cubic metre per day wastewater treatment cum recycling plant in Hegang city, Heilongjiang province over two phases.
-- Cost of investment of RMB145 million to build Phase One by October next year.
-- Group’s first Water Investment project with dual service components and revenue streams.
-- Total of 7 Water Investments projects with aggregate treatment capacity to increase from 500,000 m3 per day to 660,000 m3 per day.
Barring any unforeseen circumstances, the BOT project is expected to be completed within 12 months and positively impact the Group’s FY2010 performance.
Full announcement here.
