Tag Archives: shougang jingtan

Rino Intl (RINO) Gets $117 Million 10YR Desulphurization Contract, Upgrade to Buy, Shares Up 10%

Rino Intl (RINO) has been hit hard over the past two weeks after a torrid run this year, but is seeing a nice recovery this morning on news the company has landed a $34 million desulphurization construction and $84 million operations contract with Shougang Jingtan Iron & Steel.  The contract includes the design, construction and installation of two Semi-Dry Flue Gas Desulphurization Units which are expected to filter out more than 90% of the sulphur … Read the rest