TTCM China Enters Contracts With Two Steel Plants
Posted on: Tuesday, 18 October 2005, 06:00 CDT
TTCM China, Inc. (Pink Sheets:TTCH), a leading supplier of glass-reinforced plastic pipes, announces that it has signed two major contracts with two steel plants.
The first of the two contracts was signed between TTCM and Capital Steel Plant and will bring much needed additional water into the plant and its peripheral areas.
The second contract was signed between TTCM and Jiu Qian Steel Plant in Gan Shu Province for its special processing purpose. TTCM will deliver all the pipelines and complete the project in Fall this year.
The value of these two contracts is approximately $1 million dollars (US).
About TTCM CHINA
Founded in 1995, TTCM's core business is the production, processing and sales of glass-reinforced plastic pipes wrapped with sand inclusion and glass-reinforced plastic products. Its primary products include various types of regular and high-pressure pipes, fittings, round containers, cooling towers, and fans. The Company is also engaged in the development and production of new high polymer synthetic material.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Source: Business Wire
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