CINCINNATI, March 19, 2014 /PRNewswire/ -- CECO
Environmental Corp. (NasdaqGM:CECE), a leading global
environmental technology company focused on critical solutions in
the air pollution control (APC), energy and fluid handling and
filtration industries, today announced that a Sales Cooperation
Agreement has been formalized between CECO Environmental and
Jiangsu Renhe Environmental Equipments Company, Ltd. ("Renhe"). The
two companies will focus on bringing expanded air pollution control
technology solutions to the growing China market by leveraging each other's
extensive product portfolio, fabrication base and sales
channels.
Renhe focuses on dust collector and filter cartridge technology
products with sales locations in Shanghai, Guangzhou, Xi'an and Ha'erbin City. Renhe
Environmental is well known across multiple industries in
China as a key provider of air
pollution control products. The target areas for this partnership
will include critical applications across a variety of industrial
markets, such as general industry, metals, petrochemical,
chemical, plastics, and cement, and will include CECO`s
FisherKlosterman Cyclones, Dual Scrubbers, CECO Filtration and
Flex-Kleen Dust Collection Technologies.
"We continue to see the Chinese government and its EPA Ministry
expand and tighten their air pollution regulations," said
Jeff Lang, Chief Executive Officer
of CECO. "This has created a strong market opportunity for CECO's
expansive range of technologies and products and China is a critical part of our growth
strategy. Developing sales alliances and relationships with
companies like Renhe Environmental is a great example of our
strategic initiative in the region, and we are glad to work with
such quality partners. We will continue to look for ways to further
penetrate the domestic market in China as part of our multifaceted growth
strategy."
More information about Renhe Environmental can be found at the
company website: http://www.rhfilter.com.
ABOUT CECO ENVIRONMENTAL
CECO Environmental is a leading global environmental technology
company focused on critical solutions in the product recovery, air
pollution control, fluid handling and filtration segments. Through
its well-known brands, CECO provides a wide spectrum of products
and services including dampers & diverters, cyclonic
technology, thermal oxidizers, filtration systems, scrubbers, fluid
handling equipment and plant engineered services and engineered
design build fabrication. These products play a vital role in
helping companies achieve exacting production standards, meeting
increasing plant needs and stringent emissions control regulations
around the globe. CECO globally serves the broadest range of
markets and industries including power, municipalities, chemical,
industrial manufacturing, refining, petrochemical, metals, minerals
& mining, hospitals and universities. CECO is focused on
building long-term shareholder value by bringing its unique
technology, portfolio and operational excellence to strategic key
growth markets around the world, while maintaining the highest
standards of employee development, project execution and safety
leadership. CECO is listed on NASDAQ under the ticker symbol "CECE"
and is a member company of the Russell 2000 Index. For more
information on CECO Environmental, please visit the company's
website at http://www.cecoenviro.com.
Contact:
Corporate Information
Jeff Lang, Chief Executive
Officer
1-800-333-5475
or
Investor Relations:
Shawn Severson
The Blueshirt Group
Phone: (415) 489-2198
Email: Shawn@blueshirtgroup.com
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All forward-looking statements are subject to certain
risks, uncertainties and assumptions. These risks and
uncertainties, which are more fully described in CECO's Annual and
Quarterly Reports filed with the Securities and Exchange
Commission, include changes in market conditions in the industries
in which the Company operates. Should one or more of these
risks or uncertainties materialize, or should the assumption prove
incorrect, actual results may vary in material aspects from those
currently anticipated.
SOURCE CECO Environmental Corp.