China Environment Limited announced that it has secured a total of 8 contracts worth RMB 166.8million. Of these 8 contracts, 1 is for an electrostatic precipitator while the other 7 are for hybrid dust collecters. A hybrid dust collector is a combination of an electrostatic precipitator and a filter dust collector. The customers are all in China, including Anhui, Hebei, Shangdong, Shanxi and Innter Mongolia. 5 of these orders were new customers. The contracts are scheduled for delivery between 2014 and 1H 2015. China Environment believes the current state of air pollution is still rather serious in China. It is thus still optimistic about its order book momentum.
GET TO THE POINT : If there is a good thing about pollution, it is that there is more business for environmental sector.
(Picture from China Environment Limited)