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Article: SPX Secures Additional Contracts for Dry Cooling Systems in China.
- Article from:
- China Weekly News
- Article date:
- January 27, 2009
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SPX Corporation (NYSE: SPW) announced that the Chinese subsidiaries of its thermal equipment and services segment have secured two contracts worth $51 million to provide dry cooling systems for the Hequ (Shanxi) and Haibowan (Inner Mongolia) power plants.
The Hequ power plant is owned and operated by the subsidiaries of Shandong Luneng Group, a major enterprise in the power and coal mining business. The Haibowan facility is owned and operated by the subsidiaries of Shenhua Group Corporation Limited, a state owned, diversified energy enterprise with major businesses concentrating on coal, power generation and transportation.
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