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Euro Tech Holdings (CLWT) Gets $3.8 Million Waste Water Treatment Contract, Shares Surge 10%

Posted by Tate Dwinnell | # |
09:47:40 am on February 9, 2010

Euro Tech Holdings (CLWT) is surging a bit more than 10% this morning and getting back above the $2 buck level on news its subsidiary Yixing PACT was recently awarded a $3.8 million wastewater treatment contract by a Korean stainless steel company.  Yixing will be responsible in designing and installing a 5k cubic meter/day treatment system, a 860 cubic meter/hour direct water cooling system, a 4.5K cubic meters/hour indirect cooling water system, a 50 cubic meters/hour deionized treatment system, a 140 cubic meters/hour potable water treatment system and a 340 cubic meters/hour industrial water treatment system.

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