28.06.2013 ZhongDe Waste Technology AG  DE000ZDWT018

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


 
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 --------------------------------------------------------------------- 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: [email protected] 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: [email protected] Kirchhoff Consult AG Nicole Schüttforth Investor Relations Consultant T: +49 40 60 91 86 64 F: +49 40 60 91 86 60 E-Mail: [email protected] End of Corporate News --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 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: [email protected] 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 --------------------------------------------------------------------- 218689 28.06.2013