-

March 15, 2011 - China Energy Recovery Inc. an international leader in the design, fabrication and installation of waste heat recovery systems, announced today that it was awarded a $3.6 million (US) contract from Shaoxing Mingye Chemical Fiber Co., Ltd.  The contract calls for CER to install its waste heat/energy recovery technology into an existing sulfuric acid plant operating in Shaoxing City in Zhejiang Province. Installation is scheduled for completion in the first quarter of 2012. The waste heat/energy recovery system will have a rated capacity of 16.9 tons of steam per hour at 165 degrees Celsius and 0.6 MPa.  "The focus in China to improve energy efficiency in the industrial manufacturing sector continues to drive demand for CER's systems," CER Chairman and Chief Executive Officer Qinghuan Wu said. "We are gratified and grateful to have been selected by Shaoxing Mingye Chemical Fiber Co. to carry out this important addition to their manufacturing plant in Shaoxing City."  With the opening of its new manufacturing facility in December, CER has been able to expand its operations and take on more new orders and offer significantly shorter lead times for delivery. In the current year alone, CER has been awarded contracts valued at over $115 million (US) for systems for delivery in 2011.