TTCM China Wins Order Worth $12.8 Million

21 January 2007

TTCM China has signed a contract worth $12.8 million from Cuong-Dong Jhe-Nan of FuJian-JheJiang Provinces for GRP pipes.

The contract is a part of the company’s southern strategy to penetrate the marketplace in the fastest growing southern regions including Fujian, Guang-Dong and ZheJiang Provinces.

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, “This is the strategy of the Company to move forward in expanding with its business in the southern and southeastern regions where the economic growth is even faster than the rest of the country. The contract is another indication of growing demand for our high-tech pipes in China, particularly to provide water to rapidly growing areas as well as the flood control systems. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects such as this one in FuJian-JheJiang Provinces in the southern region of China where many heavy industries are concentrated.

TTCM China, founded in 1995 and based in Tianjin China, produces glass-reinforced composite plastic products including regular and high-pressure pipes and related fittings. TTCM developed a technology employing micro-emulsification, which they say enables a reduction of the amount of resin used in the production process and at the same time raises the product compactness, strength and infiltration quality.

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