CER to Install $11 Million Waste Heat Recovery System in China

China Energy Recovery Inc. (CGYV) announced today it signed a $10.9 million contract with Wengfu Co., Ltd. to retrofit a heat energy recovery system into an existing sulfuric acid plant at the company's Fuquan City facility located in Guizhou Province, China. CER's heat recovery system will be capable of generating 960 tons of steam per day at 176C and 0.8MPa from operations at the plant. The steam will be used to supply power for the plant, reducing its demand for electricity produced from fossil-fuels. CER's installation is scheduled for completion in August 2011.