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Leader Environmental Secures Major Sludge Treatment Contract

Leader Environmental Secures Major Sludge Treatment Contract

Leader Environmental Technologies Ltd. (SG:LS9) has released an update.

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Leader Environmental Technologies Ltd., through its subsidiary United Greentech (Guangzhou) Co. Ltd., has secured a RMB71.3 million contract to treat municipal sludge in Tongxu County, China. The consortium, which includes Econ Technology Co. Ltd. and Cloudsail Technology Co. Ltd., will design, build, and operate the facility for 30 years, with an initial treatment capacity of 100 tons per day, doubling in the second phase.

For further insights into SG:LS9 stock, check out TipRanks’ Stock Analysis page.

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