The new contract requires Dalian Dongtai to treat dispose of approximately 40,000 tons of the industrial waste sludge and slag generated by the customer’s production over the next 30-months, beginning on September 1, 2010.
Dalian Dongtai anticipates this order to generate an additional $3.65m in revenues for the company over the life of the 30-month contract.
Jason Dong, CEO of Dalian Dongtai, said: “We are pleased to announce this major contract win. Our selection by this prestigious customer is a testament to our leadership position and strong reputation in Liaoning Province.
“We expect this contract to significantly boost our financial performance and we anticipate that this will be the first of many opportunities in the petrochemical industry.”
