Sep 03, 2008

NF Energy Saving Corp. of America Announces Contract for Wastewater Project in Iraq

Contract is with El Concorde Construction Co. Ltd. to supply valve products to KUT sewerage treatment plant in Iraq

NF Energy Saving Corp. of America (NFES), a manufacturer of energy saving equipment and a provider of integrated energy conservation solutions, announced a new contract with El Concorde Construction Co. Ltd. to supply valve products to El Concorde's wastewater project, KUT Sewerage Treatment Plant in Iraq. The new contract will generate sales revenue of $362,274 for the company.

El Concorde's wastewater project started in June 2006 is for the Iraqi Ministry of Municipalities & Public Works. The total investment for this project is $19 million. NFES will supply flow control valves, penstocks and accessories to KUT Sewerage Treatment Plant.

"El Concorde is a large multinational engineering and construction company. We are very pleased to cooperate with El Concorde in the KUT sewerage treatment plant project and to supply them with high-quality valve products," said Gang Li, the chairman and CEO of the company. "This is not the first time for us to supply our flow control valve products to foreign clients, but it is the first time for us to supply our products to a foreign wastewater treatment plant. The water industry will be an important industry for us to develop for our future growth."

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