Contract Wins (0438G)
June 25 2012 - 4:03AM
UK Regulatory
TIDMTNCI
RNS Number : 0438G
Tinci Holdings Ltd
25 June 2012
25 June 2012
Tinci Holdings Limited
("Tinci" or the "Company")
Contract Wins
Tinci Holdings Ltd. (AIM: TNCI), the AIM quoted environmental
engineering company, announce that the Company has signed an RMB 65
million contract with ShanXi XinFa Chemical Co. Ltd. ("XinFa"). The
contract is for two 670 tonnes/hour installations and will use
traditional wet limestone Flue Gas Desulfurisation (FGD)
technology. This project is expected to start in July 2012 and last
for approximately 12 months.
The signing of this contract demonstrates the confidence of the
Xinfa Chemical Industry Group in using Tinci's FGD technology. It
is the 21th FGD project which the XinFa Group has awarded to Tinci
to address its desulfurisation needs since 2005.
The Company has also signed an RMB 10 million contract with
Jingyuan 2nd Electric Power Company ("Jingyuan"). The contract is
for a retrofit nitrogen oxide removal ("DeNOx") EPC project for the
#6 facility of Jingyuan. This project is expected to start in July
2012 and last for approximately 3 months.
The signing of this contract is a breakthrough for the Company
in the DeNOx market in China.
Enquiries:
Tinci
David Steeds, Chairman T: +44 (0)7836 578222
Joshua Cheng T: +1 512 577 4613
Westhouse Securities Limited
Tom Price T: +44 (0)207 601 6100
About Tinci
Tinci is the parent company of Tinci Sanhe Environmental
Engineering Co. Ltd., an environmental engineering company founded
in October 2001, which is primarily involved in developing,
manufacturing and installing FGD systems for reducing sulphur
dioxide (SO(2) ) emissions from coal-fired power stations and large
industrial boilers in China.
The Company's shares are traded on the AIM market of the London
Stock Exchange under the symbol 'TNCI'.
For further information on Tinci and on its various FGD
technology processes, please visit www.tinciholdings.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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