Alter NRG Wins Plasma Torch Deal from GuanChuan

摘要

Alberta-based Alter NRG announced January 7 s that it signed a contract with Beijing Huanyu Guanchuan Plasma Technology (GuanChuan) to deliver four of its "Marc 3" Westinghouse Plasma torch systems for approximately US$1 million. "A 40% deposit has been received and the torches are expected to begin assembly immediately with final delivery in the first quarter of 2013," according to Alter NRG. "The initial order is part of a larger master agreement valued at approximately US$12 million with additional orders expected in 2013," according to the company. GuanChuan will use the torches for industrial furnace applications related to the steel and iron industry in China, according to the company.