LianDi Clean Technology, Inc. (LNDT.OB) Provides 2011 Guidance Update
LianDi Clean Technology Inc. distributes a wide range of clean technology along with customized valves and equipment to China's petroleum and petrochemical industry. The company also provides associated value-added technical and engineering services. The company today provided a business update. Total orders during the first nine months of fiscal year ending March 31, 2011 were $85 million, an increase of 86.4% from the same period last year. Equipment orders grew by 86.2% to $72.8 million in the first nine months of the current fiscal year. Order backlogs also rose sharply during this period. Equipment order backlogs were up 38.5% from…