DALLAS, Texas 4/24/2009 12:37:50 AM
News / Finance

China Energy Recovery (CGYV) announces $1.8 million Contract with Fertilizer Leader, Dongsheng Chemical; Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of an article covering China Energy Recovery’s newly secured contract with chemical fertilizer company, Dongsheng Chemical, and the costs the waste heat energy recovery systems saves for companies.

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

China Energy Recovery Inc. (OTCBB: CGYV), a leader in designing, manufacturing and installing waste heat energy recovery systems worldwide, recently announced its newly secured contract to design and manufacture a waste heat energy recovery system for a large China-based, privately-held chemical fertilizer company, Dongsheng Chemical. … The company said the value of the contract totals approximately US$1.76 million, and is the second contract made within a one-month period.  The previous contract was made on April 7, 2009 with Yangfenf Group, worth approximately US$1.42 million.”

 

The waste heat energy recovery systems saves substantial costs to companies operational energy needs:

 

The waste heat energy recovery systems contracted with the two new customers are designed to generate 120 tons of steam-powered energy, said the company, which calculates to nearly 24MW of heat energy generation capacity.  The systems are expected to individually achieve approximately 52,000 tons of coal, or equivalent, per year, saving the companies substantial costs to its operational energy needs.

 

To read the entire article visit http://www.beaconequity.com/m

 

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Source: BeaconEquity.com

 

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