Press releases
ZhongDe Waste Technology AG signs EPC contract with Dingzhou Ruiquan Solid Waste Treatment Co., Ltd
Hamburg, December 30, 2009
600 tons/day waste incinerator plant with electricity generation for Dingzhou
The fourth large EPC project for ZhongDe
Strategic milestone to expand into large-scale incineration market
Contract volume amounts to RMB 229.74 million (VAT excluded)
ZhongDe Group [Ticker ZEF] has signed an EPC contract with Dingzhou Ruiquan Solid Waste Treatment Co., Ltd on a 600 tons/day waste incinerator plant with electricity generation. The project is located in Daqilian Village, Dingzhou City, Hebei province. The actual contract value (VAT excluded) is RMB 229.74 million (approx. EUR 23 million) and the total contract amounts is RMB 268.8 million (tax included). This is the fourth large engineering, procurement and construction project (EPC project) for ZhongDe.
The Dingzhou project uses the grate furnace incineration technology. Two incineration lines with daily treatment capacity of 300 tons each will be installed. The project treats an average of 600 tons of municipal waste daily with an annual 8,000 hours of equipment utilization. The total waste treatment volume of the whole plant is 200,000 tons per year. Each incineration line is supported with semi-dry flue-gas purifying treatment. The steam produced from the waste heat boiler will be utilized for the power generation of a 9 MW turbo generator unit. The electric power generated by the unit will be partly used by the plant, the remaining of which will be incorporated into the urban power grid. The matching systems include flue-gas treatment system, slag or flying-ash delivery system, etc.
Zefeng Chen, founder and CEO of ZhongDe Waste Technology AG, comments: "With the rapid development and progress achieved in technology since the IPO, ZhongDe is now capable of not only manufacturing large scale incinerators but also building complete sets of incineration plants with electricity generation. This is a milestone in the development of ZhongDe's products and technology. Dingzhou project is only about 100 kilometers away from Beijing, the capital of China. By signing this contract we have successfully improved the geographical distribution of projects in China and continued to implement ZhongDe's key strategy of expanding into the large-scale incineration market with the objective of strengthening our market position in the segment of waste to energy."
About ZhongDe Group
ZhongDe Group designs, manufactures and installs pyrolytic, grate and rotary kiln waste incinerators for the disposal of solid municipal, industrial (including hazardous) and medical waste, as well as complete sets of incineration plants with electricity generation. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in about 13 provinces and more than 80 waste incinerators in the last three financial years alone. Its waste incinerators are principally constructed for small and midsized Chinese cities in developed areas of the People's Republic of China, as well as for operators of medical disposal centers in the hospital and healthcare industry. ZhongDe Group is one of the leading suppliers of state-of-the-art solid waste incinerators in China. ZhongDe Group also acts as one of the leading players of large-size Waste-to-Energy industry in China.
Contact
William Jiuhua Wang
Director & CFO
ZhongDe Waste Technology AG
Tel: +86 (10) 885 98 010
E-Mail: william.jw@zhongdetech.com
Li Zhong (Linda)
Investor Relations Manager
Stadthausbrücke 1-3
20355 Hamburg
Tel: +49 40 37644 756
Fax: +49 40 37644 500
E-Mail: li.zhong@zhongde-ag.de
Overview
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28 May 2015
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28 June 2013
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28 May 2013
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29 April 2013
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30 November 2012
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23 October 2012
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30 August 2012
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30 November 2011
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14 September 2011
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26 May 2011
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2 May 2011
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24 February 2011
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30 December 2010
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30 November 2010
ZhongDe Waste Technology AG: Strong order backlog and cash position despite revenue decrease
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19 November 2010
ZhongDe Waste Technology AG: Change in Supervisory Board
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10 November 2010
ZhongDe Waste Technology AG signed financial leasing contracts of two BOT projects
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30 August 2010
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27 August 2010
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19 July 2010
ZhongDe Waste Technology AG moves Offices from Hamburg
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4 June 2010
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28 May 2010
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30 April 2010
ZhongDe Waste Technology AG: Strong order backlog after strategic shift
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12 February 2010
ZhongDe Waste Technology AG: Successful operation of Datong Project
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30 December 2009
ZhongDe Waste Technology AG signs agreement to increase contract amount of Datong Project
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30 December 2009
ZhongDe Waste Technology AG signs EPC contract with Dingzhou Ruiquan Solid Waste Treatment Co., Ltd
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30 November 2009
ZhongDe Waste Technology AG presents its financial results for Q3 2009
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7 September 2009
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3 August 2009
ZhongDe Waste Technology AG Annual General Meeting adopts dividend
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30 July 2009
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20 July 2009
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10 June 2009
ZhongDe Waste Technology AG announces to postpone its Annual General Meeting
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29 May 2009
ZhongDe Waste Technology AG presents its financial results for Q1 2009
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30 April 2009
ZhongDe Waste Technology AG maintains high growth rates
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20 April 2009
ZhongDe Waste Technology AG announces signing of two large-size BOT projects
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6 April 2009
ZhongDe Waste Technology AG signs Letter of Intent on Renewable Energy Projects for Electricity Generation in Jilin, PRC
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3 February 2009
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23 January 2009
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29 December 2008
ZhongDe Waste Technology AG announces change in the Supervisory Board
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28 November 2008
ZhongDe Waste Technology AG reports continued healthy growth in Q3 2008
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10 November 2008
ZhongDe Waste Technology AG expects continuous growth and confirms initial estimation for financial year 2008
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30 September 2008
ZhongDe Waste Technology AG expects continuous growth and confirms initial estimation for financial year 2008
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29 August 2008
ZhongDe Waste Technology AG reports continuous growth in Q2 2008
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30 June 2008
ZhongDe Waste Technology AG announces cooperation agreement with Veolia
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16 June 2008
ZhongDe Waste Technology AG announces signing of Lianshui BOO project
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30 May 2008
ZhongDe Waste Technology AG reports strong growth in Q1 2008
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29 April 2008
ZhongDe Waste Technology AG presents its audited full year results for fiscal year 2007: net profit more than doubled – order intake increased by 90% to €44.4 million
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7 April 2008
ZhongDe Waste Technology AG announces signing of Xinjiang BOT project
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18 March 2008
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11 March 2008
ZhongDe Waste Technology AG signs contract for large scale waste incinerator plant
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28 November 2007
ZhongDe Waste Technology AG continues to grow in Q3 2007
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19 September 2007
ZhongDe Waste Technology AG secures land usage rights in Beijing – headstone for building a second production facility
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28 August 2007
ZhongDe Waste Technology AG presents strong performance in H1 2007
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9 August 2007
ZhongDe Waste Technology AG announces signing of two BOT projects
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12 July 2007
ZhongDe Waste Technology AG: Greenshoe option exercised in full
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5 July 2007
ZhongDe Waste Technology AG sets offer price and issue volume
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28 June 2007
ZhongDe Waste Technology AG: Price range between Euro 23 and Euro 26
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25 June 2007
ZhongDe Waste Technology AG launches its Initial Public Offering on the Prime Standard in Frankfurt
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14 June 2007
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