Euro Tech Holdings unit awarded two contracts worth ~$2.2M

Euro Tech Holdings (CLWT) announced that its majority-owned subsidiary, Yixing PACT Environmental Technology Company, has recently been awarded two contracts worth approximately $2.2M in total. One project is to provide a turnkey industrial water treatment solution for a renowned UK pharmaceutical company to treat industrial wastewater from their inhalation aerosols manufacturing plant in Qingdao, China. The project is expected to be completed by June 2026. In addition to the wastewater treatment contract, the company has also been awarded a Ballast Water Treatment port reception system contract. The purpose is to treat the ballast water at the port for a Chinese state-owned shipping and logistics company, which owns a harbor port on Hainan Island. This project is expected to be completed by June 2025. These two contracts cover design, supply, fabrication, installation, and commissioning at the respective sites.