China GengSheng Minerals Receives 2011 Fracture Proppant Orders Totaling $5.4 Million

China GengSheng Minerals, Inc. CHGS today announced that it has received fracture proppant supply orders totaling $5.4 million from AMSAT International, a Florida-based technology company specializing in advanced ceramics. The Company will begin shipping product in January 2011, and expects to supply approximately 2,000 metric tons of proppant materials per month through June 2011, with specific quantities determined on a monthly basis based upon available capacity.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContracts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!