About a week ago Euro Tech Holdings (CLWT) announced that its Shanghai Euro Tech Environmental subsidiary was awarded a $3.2 million wastewater contract from a petrochemical industrial park. The stock gapped up in the morning, but eventually gave the gains back. This morning CLWT is moving a bit once again on news its PACT Environmental subsidiary (of which it owns 53%) has won a $1.6 million wastewater contract with a US company in the poultry … Read the rest
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Eurotech Holdings (CLWT) Awarded $3.2 Million Wastewater Contract
Eurotech Holdings (CLWT) is surging today on news its subsidiary Shanghai Euro Tech Environmental was awarded a $3.2 million wastewater contract from petrochemical industrial park. CLWT will design, install and commission a 5K cubic meter/day water treatment system. The CEO didn’t comment on the deal, but did say the company is beginning to recover from the global financial crisis and sees more contracts in 2010. This particular contract represents 50 – 60% of one quarter … Read the rest
Euro Tech Holdings (CLWT) Gets $3.8 Million Waste Water Treatment Contract, Shares Surge 10%
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 … Read the rest