20 January 2006
20 January 2006
TTCM China has received two new contracts to provide glass-reinforced plastic pipelines and installation for a water delivery system in Chang Le County, Fu Jian Province and for the Si Chuan Province Hydraulic Power Plant.
Details of the contracts are:
A $1 million contract for a water delivery system in Chang Le County, Fu Jian Province. This province has a rapidly growing economy due largely to its close geographic and cultural proximity to Taiwan. This project is vital for delivery and distribution of drinking water to this economically fast growing southwest coastland province of China.
An $875,000 contract for construction of the Si Chuan Province Hydraulic Power Plant in the counties of Mun Xian, Jing Chuan and Hong Yai. Si Chuan Province is located close to Hubei province where the Three Gorges Dam, the largest dam ever constructed, is being built on the Yangtze River. There is tremendous industrial and commercial growth in this region and a growing need for delivery and distribution of drinking water.
Mr. Jiqun Wang, Founder and Chairman of TTCM China, commented, ""In the past few months, we announced five new contracts with a value of $11,675,000. Today's announcement further underlies the growing demand for our pipes in China, particularly to provide water to rapidly growing areas. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects. We look forward to additional announcements in the near future.""
TTCM China is based in Tianjin and is a producer of glass-reinforced composite plastic products including regular and high-pressure pipes, fittings, round containers, cooling towers and fans.
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