DEG signs deal
Source: Xinhua |
May 19, 2010, Wednesday
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Print Edition
Print Edition
GERMANY-BASED DEG yesterday signed an agreement with a subsidiary of China Recycling Energy Group in Xi'an, capital of northwest China's Shaanxi Province, on two heat and pressure recovery projects.
One of the projects will be located at an iron alloy enterprise in the northern autonomous region of Inner Mongolia and the other at a nickel-iron enterprise in the northern province of Hebei, according to Bruno Wenn, chairman of DEG.
Li Lanwei, deputy general manager of CREG, said that after the two projects begin operation, some 800,000 tons of carbon dioxide emissions will be reduced annually.
One of the projects will be located at an iron alloy enterprise in the northern autonomous region of Inner Mongolia and the other at a nickel-iron enterprise in the northern province of Hebei, according to Bruno Wenn, chairman of DEG.
Li Lanwei, deputy general manager of CREG, said that after the two projects begin operation, some 800,000 tons of carbon dioxide emissions will be reduced annually.
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