BEIJING, Feb. 6, 2013 Tri-Tech Holding Inc. (Nasdaq: TRIT), which provides turn-key water resources management, water and wastewater treatment, industrial safety and pollution control solutions, announced today that its subsidiary, Tri-Tech Infrastructure LLC ("Tri-Tech U.S.") secured a $2.02 million contract to provide a replacement sulfite waste liquid evaporator vessel. Tri-Tech U.S. signed the agreement with AV Cell Inc. ("AV Cell"), a company located in Atholville, New Brunswick, Canada that produces softwood and hardwood pulp for its viscose staple fiber ("VSF") business. AV Cell is a subsidiary of Aditya Birla Group, the world's largest VSF producer.
Under the contract, Tri-Tech U.S. will provide a new evaporator body and accessories to replace an evaporator body from the original 1982 system for the magnesium based sulfite pulp mill operated by AV Cell. The new evaporator body will help to increase the pulp mill's bisulfite black liquor treatment efficiency, improve the evaporator system operation and production of sulfite liquor dry solids in order to restore pulp capacity. Tri-Tech U.S. will supply the equipment and related service for the project.
Tri-Tech U.S. expects to deliver the equipment by the end of August 2013 and complete the operational commissioning of the new equipment by the end of September 2013.
Mr. Jim Schwartz , General Manager of the J&Y Water Division of Tri-Tech U.S. said, "We were honored to again provide our solutions and technologies to AV Cell, one of our long standing and valued customers. We have maintained a long-term, trusted partnership with AV Cell for many years. In 1982, J&Y installed the original mechanical vapor compression spray film evaporator system ("MVC-SFE") for the pulp mill. In 2008, AV Cell had continued to expand pulp production and purchased additional evaporation equipment to expand their existing system. Due to the age of the original system, AV Cell needed to improve its evaporator system. We provided them the solution by replacing the less efficient original 1982 evaporator body with a new body and systems to ensure long-term production reliability. Tri-Tech U.S. anticipates that there may be more opportunities to work with AV Cell for future system upgrades."
Tri-Tech's international business president, Mr. Phil Fan , commented, "We are pleased with our success in the overseas industrial wastewater treatment market after our first zero liquid discharge unit contract for industrial wastewater treatment in Mexico last year. We will continue to implement our strategy of business development with our core of marketing industrial wastewater technical specialties in overseas markets, particularly markets in North America, Asia and the Middle East."
About AV Cell Inc.
The AV Cell Inc., one of the operations of AV Group which is a member of the pulp and fiber business of the Aditya Birla Group produces good quality softwood / hardwood pulp, a critical input for its VSF business. The pulp mill, whose entire production is exclusively for the AV Group's captive consumption, supplies 119,000 tons of dissolving grade chemical pulp to its VSF units in India, Thailand, Indonesia and China.