News Release

Total Page:16

File Type:pdf, Size:1020Kb

News Release NEWS RELEASE MET AND SINOSTEEL TIANCHENG EXTEND WFGD LICENSE AGREEMENT Lebanon, Pennsylvania, April 17, 2014 | MET - Marsulex Environmental Technologies Corporation and Sinosteel Tiancheng Environmental Protection Science & Technology Co. Ltd proudly announce today that an agreement has been reached to extend upon the MET WFGD license. Last month, Dr. Robert Cardell, President of MET, and Mr. Xueming You, Vice General Manager from Sinosteel Tiancheng, signed the WFGD license extension agreement. Most recently, the licensee agreement with Sinosteel Tiancheng led to the supply of MET’s wet limestone scrubbing technology to the Huaneng Xinjiang Energy Company Power Plant in the Xinjiang province. There Sinosteel negotiated the supply of a single FGD absorber employed to remove 95% of the sulfur dioxide from the emissions of the two 125-MW coal-fired boilers. Tiancheng is a subsidiary company of Sinosteel, which is the largest state-owned Steel enterprise. Tiancheng are focusing their current business development efforts on the China steel industry, particularly among emissions control on the blast furnaces of steel mills. The WFGD license agreement between MET and Tiancheng was originally signed in June of 2004, and now, based on the latest extension agreement, will be extended another 5 years, through June of 2019. MET President, Dr. Robert Cardell, stated, “We are proud to announce that we will be prolonging our successful business relationship with Sinosteel Tiancheng, and look forward to the continued success that this extension prospectively brings to the table.” MET is a full service air quality control company providing systems and services including OEM and upgrades to electric utilities, petrochemical and industrial customers. MET solutions include wet, dry and semi-dry FGD systems, Dry sorbent injection for SO3 control, mercury control, fabric filter and electrostatic precipitator technologies. MET’s proprietary AS- FGD is a wet technology that produces high value ammonium sulfate fertilizer by-product. MET’s dry CDS-FGD technology offers a highly efficient, multi-pollutant approach to capture SOx, acid gas and metals. MET’s FGD and Particulate technologies combined has been installed on over 189 gigawatts of electric generation in 22 countries across the globe. For further information, visit www.met.net. **** For further information: Robert H. Cardell, Ph.D. Michael Jiang, Ph.D. President & CEO, MET VP, China Operations 908-238-5150 908-238-5108 .
Recommended publications
  • Shanghai Municipal Commission of Commerce Belt and Road Countries Investment Index Report 2018 1 Foreword
    Shanghai Municipal Commission of Commerce Belt and Road Countries Investment Index Report 2018 1 Foreword 2018 marked the fifth year since International Import Exposition Municipal Commission of Commerce, President Xi Jinping first put forward (CIIE), China has deepened its ties releasing the Belt and Road Country the Belt and Road Initiative (BRI). The with partners about the globe in Investment Index Report series Initiative has transformed from a trade and economic development. to provide a rigorous framework strategic vision into practical action President Xi Jinping has reiterated at for evaluating the attractiveness during these remarkable five years. these events that countries should of investing in each BRI country. enhance cooperation to jointly build Based on extensive data collection There have been an increasing a community of common destiny and in-depth analysis, we evaluated number of participating countries for all mankind , and the Belt and BRI countries' (including key and expanding global cooperation Road Initiative is critical to realizing African nations) macroeconomic under the BRI framework, along with this grand vision. It will take joint attractiveness and risks, and identified China's growing global influence. By efforts and mutual understanding to key industries with high growth the end of 2018, China had signed overcome the challenges ahead. potential, to help Chinese enterprises BRI cooperation agreements with better understand each jurisdiction's 122 countries and 29 international Chinese investors face risks in the investment environment. organizations. According to the Big BRI countries, most of which are Data Report of the Belt and Road developing nations with relatively The Belt and Road Country (2018) published by the National underdeveloped transportation and Investment Index Report 2017 Information Center, public opinion telecommunication infrastructures.
    [Show full text]
  • China's Supply-Side Structural Reforms: Progress and Outlook
    China’s supply-side structural reforms: Progress and outlook A report by The Economist Intelligence Unit www.eiu.com The world leader in global business intelligence The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in 1946, we have 70 years’ experience in helping businesses, financial firms and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed. Given that many of the issues facing the world have an international (if not global) dimension, The EIU is ideally positioned to be commentator, interpreter and forecaster on the phenomenon of globalisation as it gathers pace and impact. EIU subscription services The world’s leading organisations rely on our subscription services for data, analysis and forecasts to keep them informed about what is happening around the world. We specialise in: • Country Analysis: Access to regular, detailed country-specific economic and political forecasts, as well as assessments of the business and regulatory environments in different markets. • Risk Analysis: Our risk services identify actual and potential threats around the world and help our clients understand the implications for their organisations. • Industry Analysis: Five year forecasts, analysis of key themes and news analysis for six key industries in 60 major economies. These forecasts are based on the latest data and in-depth analysis of industry trends. EIU Consulting EIU Consulting is a bespoke service designed to provide solutions specific to our customers’ needs. We specialise in these key sectors: • Consumer Markets: Providing data-driven solutions for consumer-facing industries, we and our management consulting firm, EIU Canback, help clients to enter new markets and be successful in current markets.
    [Show full text]
  • RESPONSIBLE BUSINESS in AFRICA | Chinese Business Leaders’ Perspectives on Performance and Enhancement Opportunities 3 Table of Contents
    RESPONSIBLE BUSINESS IN AFRICA CHINESE BUSINESS LEADERS’ PERSPECTIVES ON PERFORMANCE AND ENHANCEMENT OPPORTUNITIES Chen Xiaohong, Li Zhaoxi, Jia Tao, Li Guoqiang, Zhou Yan – Enterprise Research Institute, Development Research Centre of the State Council of P.R. China Simon Zadek, Kelly Yu, Maya Forstater, Guy Morgan – AccountAbility November 2009 AUTHORS Related AccountAbility publications Advancing Sustainable Competitiveness of China’s Transnational Corporations, 2009 AccountAbility, IISD, and DRC Governing Collaboration: Making Partnerships Accountable for Delivering Development, 2008 AccountAbility The State of Responsible Competitiveness 2007: Making Sustainable Development Count in Global Markets, 2007 • AccountAbility in association with Fundação Dom Cabral • Spanish version in association with Reporte Social • Chinese version in association with WTO Tribune Investing in Standards for Sustainable Development: The Role of International Development Agencies in Supporting Collaborative Standards Initiatives, 2007 AccountAbility Development as Accountability: Accountability Innovators in Action, 2007 AccountAbility Available to download from www.accountability21.net Authors Simon Zadek Chen Xiaohong Managing Partner, Senior Research Fellow and AccountAbility Director, Enterprise Research [email protected] Institute (ERI), Development Research Center (DRC) of the State Council, P.R.China. Kelly Yu [email protected] Senior Principal, AccountAbility Li Zhaoxi [email protected] Senior Research Fellow, former Deputy Director Enterprise Research Institute Maya Forstater (ERI), Development Research Senior Associate Partner, Center (DRC) of the State AccountAbility Council, P.R.China. [email protected] [email protected] Li Guoqiang Jia Tao Senior Research Fellow, Assistant researcher, Enterprise Research Institute Enterprise Research Institute (ERI), Development Research (ERI), Development Research Center (DRC) of the State Center (DRC) of the State Council, P.R.China. Council, P.R.China.
    [Show full text]
  • 2016 Top 250 International Contractors – Subsidiaries by Rank Rank Company Subsidiary Rank Company Subsidiary
    Overview p. 38 // International Market Analysis p. 38 // Past Decade’s International Contracting Revenue p. 38 // International Region Analysis p. 39 // 2015 Revenue Breakdown p. 39 // 2015 New Contracts p. 39 // Domestic Staff Hiring p. 39 // International Staff Hiring p. 39 // Profit-Lossp. 40 // 2015 Backlog p. 40 // Top 10 by Region p. 40 // Top 10 by Market p. 41 // Top 20 Non-U.S. International Construction/Program Managers p. 42 // Top 20 Non-U.S. Global Construction/Program Managers p. 42 // VINCI Builds a War Memorial p. 43 // How Contractors Shared the 2015 Market p. 44 // How To Read the Tables p. 44 // Top 250 International Contractors List p. 45 // International Contractors Index p. 50 // Top 250 Global Contractors List p. 53 // Global Contractors Index p. 58 THE FALCON EMERGES Turkey’s Polimeks is building the NUMBER 40 $2.3-billion Ashgabot International Airport in Turkmenistan. The terminal shape is based on a raptor species. PHOTO COURTESY OF POLIMAEKS INSAATTAAHUT VE SAN TIC. AS TIC. VE SAN OF POLIMAEKS INSAATTAAHUT PHOTO COURTESY International Contractors Seeking Stable Markets Political and economic uncertainty in several regions have global firms looking for markets that are reliable and safe By Peter Reina and Gary J. Tulacz enr.com August 22/29, 2016 ENR 37 0829_Top250_Cover_1.indd 37 8/22/16 3:52 PM THE TOP 250 INTERNATIONAL CONTRACTORS 27.9% Transportation $139,563.9 22.9% Petroleum 21.4% Int’l Market Analysis $114,383.2 Buildings $106,839.6 (Measured $ millions) 10.8% Power $54,134.5 6.0% Other 2.2% 4.1% $29,805.5 0.8% Manufacturing Industrial Telecom $10,808.9 $20,615.7 $ 4,050.5 2.8% 0.2% 1.0% Water Hazardous Sewer/Waste $13,876.8 Waste $4,956.0 $1,210.5 SOURCE: ENR DATA.
    [Show full text]
  • China Minmetals
    PROJECT REPORT THE CORPORATE RESPONSIBILITY TO RESPECT HUMAN RIGHTS IN CHINA AND GLOBALLY A case-based learning project involving business leaders from Chinese state-owned enterprises and multi-national corporations from diverse geographies PROJECT PARTNERS Peking University International Law Institute Beijing Rong Zhi Corporate Responsibility Institute Tracktwo Global Business Initiative on Human Rights CONTACT DETAILS Professor Liang Xiaohui Peking University International Law Institute [email protected] http://en.law.pku.edu.cn/ Dr Wang Xiaoguang, Director Beijing Rong Zhi Corporate Responsibility Institute [email protected] http://www.rzcsri.org Malin Oud, Founder and Managing Director Tracktwo [email protected] www.tracktwo.se Katryn Wright, Programme Director Global Business Initiative on Human Rights [email protected] www.global-business-initiative.org © Report Copyrighted by Creative Commons http://creativecommons.org/licenses/by-nc-nd/3.0 August 2014 2 Acknowledgements The project partners and conveners would like to acknowledge the contributions from the following organisations and individuals. Their contributions to this project do not imply endorsement of this report, the substance of the project or the learning cases. The views expressed in this report are solely those of the project partners. The project partners are grateful to the companies that have participated in this project: BASF; China Minmetals; China Ocean Shipping Company (COSCO); CPI Yunnan International Power Investment Company; Flextronics; General Electric; HP; Shell; Sinosteel; and The Coca-Cola Company. The companies participating in this project have demonstrated a welcome level of openness within safe-space discussions and in the inclusion of their learning cases in this publication.
    [Show full text]
  • Annual Report  Chairman’S Statement
    2 Corporate Profile 3 Performance Highlights 4 Chairman’s Statement 9 Business Overview Contents 19 Management’s Discussion and Analysis 37 Report of the Board of Directors 49 Report of the Supervisory Committee 53 Report on Corporate Governance Practices 59 Profile of Directors, Supervisors and Senior Management 65 Investor Relations 67 Independent Auditor’s Report 69 Consolidated Balance Sheet 71 Balance Sheet 73 Consolidated Income Statement 74 Consolidated Statement of Comprehensive Income 75 Consolidated Statement of Changes in Equity 77 Consolidated Cash Flow Statement 78 Notes to the Consolidated Financial Statements 189 Terms & Glossaries 191 Corporate Information 2 Corporate Profile 3 Performance Highlights 4 Chairman’s Statement 9 Business Overview Contents 19 Management’s Discussion and Analysis 37 Report of the Board of Directors 49 Report of the Supervisory Committee 53 Report on Corporate Governance Practices 59 Profile of Directors, Supervisors and Senior Management 65 Investor Relations 67 Independent Auditor’s Report 69 Consolidated Balance Sheet 71 Balance Sheet 73 Consolidated Income Statement 74 Consolidated Statement of Comprehensive Income 75 Consolidated Statement of Changes in Equity 77 Consolidated Cash Flow Statement 78 Notes to the Consolidated Financial Statements 189 Terms & Glossaries 191 Corporate Information Corporate Profile China Communications Construction Company Limited (“CCCC” or the “Company”), initiated and founded by China Communications Construction Group (Limited) (“CCCG”, a state-owned enterprise under the SASAC), was incorporated on 8 October 2006. Its H shares were listed on the Main Board of the Hong Kong Stock Exchange with stock code of 1800.HK on 15 December 2006. It is the first large state-owned transportation infrastructure group entering the overseas capital market.
    [Show full text]
  • Sinosteel Equipment & Engineering Co., Ltd
    Recycled paper SINOSTEEL EQUIPMENT & ENGINEERING CO., LTD. Add: No.8 Haidian Street, Beijing 100080, China Tel: +86 10 62688188 Fax: +86 10 62688098 E-mail: [email protected] CONTENTS 05 BUSINESS SCOPE INDUSTRIAL ENGINEERING 09 AND SERVICES MUNICIPAL ENGINEERING AND 37 INVESTMENT ENERGY SAVING AND 42 ENVIRONMENT PROTECTION HIGH - TECH 48 COMPANY OVERVIEW 01 01 06 PATENT TECHNOLOGY 51 02 ORGANIZATIONAL STRUCTURE 03 07 MAIN PROJECT REFERENCES 52 03 DEVELOPMENT 05 04 CORPORATE CULTURE 07 SINOSTEEL EQUIPMENT & ENGINEERING CO., LTD. P01 / P02 COMPANY OVERVIEW Founded in 1972 and incorporated in Sinosteel Group in 1999, Sinosteel Equipment & Engineering Co., Ltd. As a well-known engineering company in China, Sinosteel MECC has made outstanding contribu- (abbr. Sinosteel MECC) is the sole operational asset wholly owned by Sinosteel Engineering & Technology tions to the development of Chinese metallurgical industry by accomplishing over 500 national key Co., Ltd. (stock code: 000928), focusing on industrial engineering & service, municipal engineering and projects for giant steel producers. Being one of the first “go global” companies in China, Sinosteel investment, energy saving and environment protection, as well as high-tech businesses. MECC enjoys high reputation in overseas metallurgical engineering market and has set up a more complete business network in more than 50 countries. Among those records of “largest projects exported by Chinese companies" made by Sinosteel MECC, the TOSYALI 950mm Hot Strip Mill, ISDEMIR No.4 Blast Furnace, JSPL 1.2mtpa Pelletizing Plant and ICDAS 2x600MW Coal-fired Power industrial municipal Plant Projects were awarded respectively National Quality Project Award of the year. engineering engineering and & services investment Sinosteel MECC has ranked on top of “China’ s Top 100 General Contractors by Turnover” since it was first listed in 2004.
    [Show full text]
  • Paving the Road to Recovery As Global Construction Rebounds, Contractors Eye Infrastructure Spending As a Chance to Grow Revenue
    Overview p. 48 // International Market Analysis p. 48 // International Region Analysis p. 49 // 2020 Revenue Breakdown p. 49 2020 New Contracts p. 49 // Domestic Staff Hiring p. 49 // International Staff Hiring p. 49 // Top 10 by Region p. 50 Top 10 by Market p. 51 // Top 20 Non-U.S. International Construction/Program Managers p. 52 // Top 20 Non-U.S. Global Construction/Program Managers p. 52 // Profit-Lossp. 53 // Total Backlog p. 53 // Past Decade’s International Contractor Revenue p. 53 // How Contractors Shared the 2020 Market p. 54 // How To Read the Tables p. 55 // Hochtief's Highway Expansion p. 55 // Top 250 International Contractors List p. 57 // International Contractors Index p. 62 // Top 250 Global Contractors List p. 63 // Global Contractors Index p. 68 NUMBER 170 NUMBER TUNNEL VISION ICM SpA is contractor for the A26 Linzer Autobahn project in Austria, which includes construction of junction tunnels and a cable-stayed bridge. PHOTO COURTESY OF ICM SPA PHOTO COURTESY International Contractors Paving the Road to Recovery As global construction rebounds, contractors eye infrastructure spending as a chance to grow revenue. By Emell Adolphus, Peter Reina and Jonathan Keller enr.com August 16/23, 2021 ENR 47 0823_Top250_Intro.indd 47 8/17/21 6:34 PM nternational contractors on the long road to rebounding from the COVID-19 pandemic might find a shortcut to recovery in infrastructure projects, as countries ramp up spending to help build economies back to normal. While the global construction market is red hot for some firms, it is Istone cold for others as contractors deal with unpredictable project risks while readying for new growth opportunities.
    [Show full text]
  • Download the ENR Ranking
    Overview p. 34 // International Market Analysis p. 34 // Past Decade’s International Contracting Revenue p. 34 // International Region Analysis p. 35 // 2019 Revenue Breakdown p. 35 // 2019 New Contracts p. 35 // Domestic Staff Hiring p. 35 International Staff Hiring p. 35 // Profit-Loss p. 36 // 2019 Backlog p. 36 // Top 10 by Region p. 36 // Top 10 by Market p. 37 Top 20 Non-U.S. International Construction/Program Managers p. 38 // Top 20 Non-U.S. Global Construction/Program Managers p. 38 // Larsen & Toubro Ltd. Installs Massive Fusion Equipment p. 39 // How Contractors Shared the 2019 Market p. 40 // How To Read the Tables p. 40 // Top 250 International Contractors List p. 41 // International Contractors Index p. 46 // Top 250 Global Contractors List p. 47 // Global Contractors Index p. 52 CONNECTIONS China Communications 4 NUMBER Construction Group Ltd. is building the $500-million, 7,887-ft cable-stayed bridge connecting the Pelješac Peninsula with Croatia’s mainland. PHOTO COURTESY OF CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. GROUP CONSTRUCTION COMMUNICATIONS CHINA OF COURTESY PHOTO International Contractors Struggling With COVID-19 Rocked by the worldwide pandemic and plunging oil prices, the global construction market attempts to cope. By Gary J. Tulacz & Peter Reina enr.com August 17/24, 2020 ENR 33 0824_Top250_Intro_3.indd 33 8/18/20 5:44 PM 31.0% Transportation THE TOP 250 INTERNATIONAL CONTRACTORS $146,582.3 26.1% Buildings $123,456.9 Int’l Market Analysis 15.0% Petroleum $70,934.4 (2019 revenue measured in millions) 10.3% Power $48,556.6 5.6% Other 2.3% 3.4% $26,447.9 1.7% Manufacturing Industrial Telecom $10,822.1 $16,048.1 $7,842.1 % 0.1% 1.7% 2.9 Hazardous Sewer/Waste Water Waste $7,948.7 $13,904.0 $525.0 SOURCE: ENR Comparing the Past Decade’s International $383.7 $453.0 $511.1 $544.0 $521.6 $501.1 $468.1 $482.4 $487.3 $473.1 Contractor Revenue 2010* 2011* 2012 2013 2014 2015 2016 2017 2018 2019 (in $ billions) * Figures for 2010-2011 represent the Top 225 International Contractors before ENR expanded the list to 250.
    [Show full text]
  • State Owned Enterprises and State Capitalism
    U.S.-China Economic and Security Review Commission October26,2011 AnAnalysisofStateownedEnterprisesandState CapitalisminChina By AndrewSzamosszegiandColeKyle __________________________________________________ PreparedbyCapitalTrade,Incorporated Washington,DC TableofContents I. ExecutiveSummary.................................................................................................................1 II. Introduction............................................................................................................................4 III. OverviewofstatecapitalisminChina....................................................................................5 A. EconomicfootprintofSOEs...............................................................................................11 1. Outputandvalueadded.............................................................................................12 2. Fixedinvestment........................................................................................................14 3. Employmentandwages.............................................................................................16 4. Taxes/revenues...........................................................................................................19 5. TheobservableSOEshareofoutput..........................................................................20 B. Comparisonoftheobservablestatesectorandtheprivatesector..................................22 IV. SubnationalSOEs.................................................................................................................26
    [Show full text]
  • Das Wirtschaftliche Engagement Der Volksrepublik China Im Portugiesischsprachigen Afrika Am Beispiel Angolas Und Mosambiks
    Christiane Tholen Das wirtschaftliche Engagement der Volksrepublik China im portugiesischsprachigen Afrika am Beispiel Angolas und Mosambiks OSTASIEN Verlag Deutsche Ostasienstudien 17 Christiane Tholen Das wirtschaftliche Engagement der Volksrepublik China im portugiesischsprachigen Afrika am Beispiel Angolas und Mosambiks Deutsche Ostasienstudien 17 OSTASIEN Verlag Bibliographische Information der Deutschen Nationalbibliothek Die Deutsche Nationalbibliothek verzeichnet diese Publikation in der Deutschen Nationalbibliographie; detaillierte bibliographische Daten sind im Internet über http://dnb.d-nb.de abrufbar. ISSN 1868-3665 ISBN 978-3-940527-76-9 © 2013. OSTASIEN Verlag, Gossenberg (www.ostasien-verlag.de) 1. Auflage. Alle Rechte vorbehalten Redaktion, Satz und Umschlaggestaltung: Martin Hanke und Dorothee Schaab-Hanke Druck und Bindung: Rosch-Buch Druckerei GmbH, Scheßlitz Printed in Germa Inhalt Danksagung Vobemerkung Abstract 1 Einleitung 1 1.1 Chinesisch-Afrikanische Beziehungen im Fokus der Weltöffentlichkeit 1 1.2 Forschungsstand und Methodik 2 2 Schwarzer Kontinent und gelbe Gefahr 5 2.1 China und Afrika: 1949–1978 5 2.2 China und Afrika: 1978 bis heute 7 2.2.1 Politik 8 2.2.2 Wirtschaft 11 2.3 Neokolonialismus oder Süd-Süd-Kooperation? 15 2.3.1 Afrika 15 2.3.2 China 17 2.3.3 Der Westen und andere 19 2.4 Vorläufiges Ergebnis 25 3 China 27 3.1 1978 bis 1984 27 3.2 1984 bis 1989 28 3.3 1989: Der Tiananmen-Vorfall und seine Konsequenzen 30 3.4 1993 bis heute 31 3.5 Strukturelle Probleme 35 3.6 Themenrelevante Einzelaspekte 40
    [Show full text]
  • Emerging Markets Small Cap Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings Are Subject to Change
    Emerging Markets Small Cap Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. This fund operates as a feeder fund in a master-feeder structure and the holdings listed below are the investment holdings of the corresponding master fund. Your use of this website signifies that you agree to follow and be bound by the terms and conditions of use in the Legal Notices.
    [Show full text]