DGAP-News: ZhongDe Waste Technology AG signs EPC contract for new energy-from-waste plant in Wuhai

DGAP-News: ZhongDe Waste Technology AG signs EPC contract for new energy-from-waste plant in Wuhai

ID: 274259

(firmenpresse) - DGAP-News: ZhongDe Waste Technology AG / Key word(s):
Contract/Incoming Orders
ZhongDe Waste Technology AG signs EPC contract for new
energy-from-waste plant in Wuhai

28.06.2013 / 11:16

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ZhongDe Waste Technology AG signs EPC contract for new energy-from-waste
plant in Wuhai

* Daily waste disposal capacity of 1,000 tons
* New plant will generate electricity for Wuhai City

Frankfurt, June 28, 2013 - ZhongDe Waste Technology AG successfully signed
a contract for a new large-size Engineering-Procurement-Construction (EPC)
project with the Inner Mongolian company Wuhai Lanyi Environment Protection
Electricity Company Ltd. The contract for the new energy-from-waste plant
located in Wuhai City in Inner Mongolia has a total contract amount of
about 49.4 million Euros (399.8 million RMB) including Value Add Tax.

The planned large-scale EPC project in Wuhai will have a daily waste
disposal capacity of 1,000 tons per day and will positively impact the
order backlog of ZhongDe Waste Technology in the second quarter of the
current financial year 2013. The construction start of the plant is
scheduled for 2013. Furthermore the company expects the project to
contribute to ZhongDe's group revenues in the financial year 2013.


About ZhongDe Group

ZhongDe Group designs, invests, constructs, finances and operates
energy-from-waste plants generating electricity from the incineration of
solid municipal and industrial waste. ZhongDe realises either EPC
(Engineering, Procurement and Construction) or BOT (Build, Operate and
Transfer) projects, focusing on large-scale plants with waste disposal
capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has
installed approximately 200 waste incinerators in 13 provinces throughout




China. ZhongDe is one of the leading players in the project development and
operation of energy-from-waste plants in China.


Contact

ZhongDe Waste Technology AG

William Jiuhua Wang
Executive Director and CFO
E-Mail: william.jw(at)zhongdetech.com

Ying Sun
Investor Relations
Messeturm 25th floor
Friedrich-Ebert-Anlage 49
60308 Frankfurt am Main
T: +49 69 50956 5655
F: +49 69 50956 5520
E-Mail: ying.sun(at)zhongde-ag.de


Kirchhoff Consult AG

Nicole Schüttforth
Investor Relations Consultant
T: +49 40 60 91 86 64
F: +49 40 60 91 86 60
E-Mail: nicole.schuettforth(at)kirchhoff.de


End of Corporate News

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28.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ZhongDe Waste Technology AG
Messeturm 25th floor
60308 Frankfurt
Germany
Phone: + 49 69 50956 5655
Fax: + 49 69 50956 5520
E-mail: ying.sun(at)zhongde-ag.de
Internet: www.zhongde-ag.de
ISIN: DE000ZDWT018
WKN: ZDWT01
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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218689 28.06.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 28.06.2013 - 11:16 Uhr
Sprache: Deutsch
News-ID 274259
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