Euro Tech Holdings Company Limited Saturday announced that its subsidiary, PACT Environmental Technology Company Ltd. (PACT) has recently been awarded a contract by an International Engineering company worth about $2.4 million. The contract, which covers design, supply, supervision of the installation and the commissioning of an industrial wastewater treatment system in an Aluminum Rolling Mill in Saudi Arabia, will be completed in May 2012. About 1600 cubic meters of wastewater per day will be treated and then utilized for irrigation purposes. PACT feels positive to get more contracts in coming months for projects outside China, as it is currently working on a few proposals for the same Engineering Company and other International Engineering Companies which source equipment and engineering services in China for their projects in other countries. PACT Environmental Technology Co. Ltd., based in Shanghai, is a global provider of environmental solutions for industrial and municipal clients, focusing on water and wastewater treatment. PACT's capabilities cover design, manufacturing, sourcing, installation and servicing of water/wastewater treatment, water desalination plants and equipment. Since July, Euro Tech has increased its shareholding in PACT from 53 to 58 percent.
