Euro Tech Holdings Company Limited (CLWT) - 500 Beiträge pro Seite

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Profile:Euro Tech Holdings Company Limited, through its subsidiaries, engages in the marketing and trading of water and waste water related process control, analytical and testing instruments, disinfection equipment, and supplies and related automation systems. The company distributes a range of advanced water treatment equipment, chlorination equipment, laboratory instruments, analyzers, test kits and related supplies; and power generation equipment, including recorders and power quality analyzers. It also manufactures analytical instruments and testing equipment for water, wastewater plants, and environmental protection monitoring stations. Euro Tech primarily sells its products to commercial customers and governmental agencies or instrumentalities in Hong Kong and in the People's Republic of China. The company was founded in 1971 and is headquartered in Hong Kong, Hong Kong.
http://www.euro-tech.com/

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Euro Tech Holdings Company Limited Reports Contracts Awarded to Blue Sky
Monday August 13, 5:30 am ET


HONG KONG, Aug. 13 /Xinhua-PRNewswire-FirstCall/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT - News) today announced that its associated company, Zhejiang Tianlan Desulfurization and Dust-Removal Co. Ltd. in Zhejiang, China ("Blue Sky") has recently been awarded four contracts totally US$ 7.3 million by various companies in China for the months of July and August 2007. The contracts cover design, manufacture, supply, and commissioning of desulfurization equipment for various applications.


The four contracts are for eleven desulfurization equipment for boilers ranging from 65 tons/hour to 220 tons/hour of steam for applications in textile, paper, fertilizer, and cogeneration (heat and power) plants in Shandong, Wuhan, and Shanxi.

Blue Sky, found in 2000, is a fast growing company which provides a comprehensive service for design, general contract, equipment manufacturing, installation, testing and operation management of the treatment of waste gases emitted from various boilers and industrial furnaces of power plants, steel works and chemical plants.

T C Leung, Chairman and CEO of the Company, commented. "As the world's largest burner of coal, China has to spend tremendous efforts to achieve the nation's sulfur dioxide reduction target. This creates a huge market potential for flue gas desulfurization (FGD) equipment. As an associated company, Blue sky will be a profit contributor for our company, it will help us boost profit but not the revenues for the 2nd half of 2007 and for coming years. It will also help us make inroads into the air pollution control market in China."

Certain statements in this news release regarding the Company's expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company's offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company's own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the "Risk Factor" discussions in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2006.


CONTACT:

Euro Tech Holdings Company Limited, Hong Kong
T.C. Leung, Chairman and CEO, or Jerry Wong, CFO
Tel: [phone]
Fax: [phone]
Website: http://www.euro-tech.com
Blue Sky's Website: http://www.tianlan.com.cn




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Source: Euro Tech Holdings Company Limited

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Euro Tech Holdings Company Limited Reports Contract Awarded by an USA Chemical Company Based in Suzhou, China
Tuesday August 7, 3:00 am ET


HONG KONG, Aug. 7 /Xinhua-PRNewswire-FirstCall/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT - News) today announced that its subsidiary, Yixing PACT Environmental Technology Company Ltd. ("PACT") has recently been awarded a US$ 1,718,000 contract by an USA Chemical company based in Suzhou, China. The contract covers design, manufacture, supply, and commissioning of a waste water treatment of up to 500 m3 per day using advanced oxidation technology.
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Pact's new manufacturing facility will come on line by end September. The facility will break ground with two new product lines for sludge dewatering and membrane-enhanced biological treatment. Both products are considered to be Best Available Technologies in their field.

The belt filter press for sludge dewatering is manufactured to the detailed specifications of Ecomacchine S.p.A. and under their supervision. Ecomacchine is an Italian company established in 1976 and is specialized in manufacturing of sludge handling and dewatering equipment. The high dewatering efficiency of the Ecomacchine filter press ensures substantial savings in cost of waste haulage.

The membrane enhanced biological treatment (MBR) makes use of Toray ultrafiltration membranes. Toray, a major Japanese company, is a world leader in membrane separation technologies used for water and wastewater alike. The MBR process combines PACT's biological treatment know-how with that of Toray's membrane expertise to produce a high quality effluent making it possible to recycle or re-use the wastewater in a footprint much smaller than conventional biological treatment plants.

The two products will be marketed in China and abroad and will be exhibited at the WEFTEC San Diego USA show in mid October this year. WEFTEC is the world's largest exhibition in the field of water and wastewater treatment and attracts visitors from countries worldwide.

About Pact:

PACT, based in Shanghai, is a global provider of environmental solutions for industrial and municipal clients, focusing on water and wastewater treatment. Pact's capabilities cover design, manufacturing, sourcing, installation and servicing of water/wastewater treatment, water desalination plants and equipment.

Certain statements in this news release regarding the Company's expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company's offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company's own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the "Risk Factor" discussions in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2006.


CONTACT:

Euro Tech Holdings Company Limited, Hong Kong
T.C. Leung, Chairman and CEO, or Jerry Wong, CFO
Tel: [phone]
Fax: [phone]
Website: http://www.euro-tech.com
PACT's Website: http://www.pactchina.com




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Source: Euro Tech Holdings Company Limited