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TNCI Tinci Hldgs

19.00
0.00 (0.00%)
01 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tinci Hldgs LSE:TNCI London Ordinary Share HK0000034816 ORD 1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Contract Wins (0438G)

25/06/2012 9:03am

UK Regulatory


Tinci (LSE:TNCI)
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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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