Tuesday, April 19, 2016

Darco Water wins $8.5 mil China contract

Darco Water Technologies, the wastewater systems engineering group, said subsidiary, Wuhan Kaidi Water Services Co., has won a RMB40.9 million ($8.5 million) contract from Tianjin SDIC Jinneng Electric Power Co.

This project is for the construction of Phase II 21,000MW desulphurisation zero-liquid-discharge wastewater treatment system for Tianjin Power’s power generating plant in North China, one of the first in the country.

The project is expected to be completed and delivered by Dec 31.

Darco closed 1.49% lower at 33 cents.

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