China Industrial Waste Management, Inc. (CIWT.OB) Announces 30-Month Contract with National Petrochemical Firm
China Industrial Waste Management, Inc., a leading environmental services and solutions provider in China, recently announced that the company has secured a major waste management contract with a national petrochemical firm located in Liaoning Province. This contract is expected to add $3.65 million in revenues over 30 months. This contract is through the company’s 90 percent-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. Under the terms of the contract, Dalian Dongtai will treat and dispose of the industrial waste sludge and slag generated by the customer’s production over the next 30 months, starting September 1, 2010. Mr. Jason Dong,…