Tri-Tech Holding, Inc. (NASDAQ:TRIT) Subsidiary Awarded $2 Million Industrial Liquor Treatment Contract
Tri-Tech Holding, which provides turn-key water resources management, water and wastewater treatment, and industrial safety and pollution control solutions, today announced that Tri-Tech Infrastructure LLC, its subsidiary, secured a $2.02 million contract to provide a replacement sulfite waste liquid evaporator vessel. The agreement was signed between Tri-Tech U.S. and AV Cell Inc., a company located Atholville, New Brunswick, Canada, that produces softwood and hardwood pulp for its viscose staple fiber (VSF) business. AV Cell is a subsidiary of Aditya Birla Group, which is the world's largest VSF producer.
As per the contract, Tri-Tech U.S. will provide a new evaporator body and accessories to replace an evaporator body from the original 1982 system for the magnesium based sulfite pulp mill operated by AV Cell. The new evaporator, provided by Tri-Tech U.S., will help to increase the pulp mill's bisulfite black liquor treatment efficiency, as well as improve the evaporator system operation and production of sulfite liquor dry solids in order to restore pulp capacity. With an expected equipment delivery date set for the end of August 2013, Tri-Tech U.S. will supply all related service for the project and anticipates a completion of operational commissioning of the new equipment by the end of September 2013.
"We were honored to again provide our solutions and technologies to AV Cell, one of our long standing and valued customers," commented Mr. Jim Schwartz, General Manager of the J&Y Water Division of Tri-Tech U.S. "We have maintained a long-term, trusted partnership with AV Cell for many years. In 1982, J&Y installed the original mechanical vapor compression spray film evaporator system ("MVC-SFE") for the pulp mill. In 2008, AV Cell had continued to expand pulp production and purchased additional evaporation equipment to expand their existing system. Due to the age of the original system, AV Cell needed to improve its evaporator system. We provided them the solution by replacing the less efficient original 1982 evaporator body with a new body and systems to ensure long-term production reliability. Tri-Tech U.S. anticipates that there may be more opportunities to work with AV Cell for future system upgrades."
Tri-Tech's international business president, Mr. Phil Fan, added, "We are pleased with our success in the overseas industrial wastewater treatment market after our first zero liquid discharge unit contract for industrial wastewater treatment in Mexico last year. We will continue to implement our strategy of business development with our core of marketing industrial wastewater technical specialties in overseas markets, particularly markets in North America, Asia and the Middle East."
For more information, please visit www.tri-tech.cn
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