NF Energy
NF Energy Saving Corporation (the “Company” or “NF Energy”), based in Shenyang, Liaoning Province, is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services for China’s electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries.
NF Energy delivers 22 sets of butterfly valves for US$330,000
Chinese energy conservation specialist NF Energy Saving Corp (OTC: NFEC) has delivered 22 sets of recycling water system electric butterfly valves and fluid control butterfly valves to a thermal power plant in Dalian. The transaction is expected to be worth US$330,000 in revenues in Q1 2010.
The equipment will be used in one of the five national Sino-foreign joint projects for manufacturing Combined Heat and Power Generation (CHP) Equipment. With 4 x 300MW sub-critical coal-fired units.
According to NF Energy, the new plant is a highly promoted energy construction project in Dalian, which will achieve annual savings of 180,000 tons of standard coal and will reduce particulate matter pollution by 4,500 tons annually.
Headquartered in Shenyang city, NF Energy provides energy conservation services and products, utilizing its specialist energy-saving equipment and technical services. The company has several proprietary energy saving technologies and patents, including flow control systems and wind turbine components.
The current revenues are primarily from its energy saving flow control products.
In February, the company said that it expects to achieve continued growth in 2010, due to the ongoing global economic recovery and expansion of the Chinese economy. Additionally NF Energy suggested a number of catalysts including the Chinese government’s expansion of environment protection policies and its continued investment in and encouragement of infrastructure projects.
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Other NF Energy articles
Other NF Energy news
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18/05/10 NF Energy Q1 revenues jump 17% on higher product sales
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21/04/10 NF Energy expects to increase revenue by at least 33% in 2010
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13/04/10 NF Energy expects to benefit from Chinese govt policies for energy service industry
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30/03/10 Jason Wang, Independent Director of NF Energy Saving Corp, talks about rising revenues and shares
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26/02/10 NF Energy expects 2009 earnings to soar 250% as revenues climb 28%
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02/02/10 NF Energy Saving named among Top 20 energy saving companies in China at industry forum
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19/01/10 NF Energy Saving Corp wins US550,000 order for new coal power plant in Zhejiang Province
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05/01/10 NF Energy delivers 24 butterfly valves to Guangzhou water project
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15/12/09 NF Energy Saving Expands GE Alliance with 4 further projects worth US$10 mln/year
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01/12/09 NF Energy wins flow control systems order for Shanghai gas power plant project
