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stockvapor
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TTCM China, Inc.: TTCM China awarded YiTong Pipeline Contract
10:11 a.m. 04/26/2005 Provided by
Mountain View, CA, Apr 26, 2005 (M2 PRESSWIRE via COMTEX) -- TTCM China, Inc. (Pink Sheets: TTCH), a leading supplier of glass-reinforced plastic pipe, announced it was awarded the contract to supply high pressure water pipelines for the Jilin Province YiTong Pipeline Project.
The contract is valued at $1,209,190 USD and the Company anticipates fulfilling the contract in 2005.
"TTCM has consistently grown its existing client revenues, experiencing double-digit growth over the last several years", said Mr. Jiqun Wang, Chairman and President of TTCM. "New customer projects such as the YiTong Pipeline Project will prove incremental to our revenues and profits in 2005."
TTCM's proprietary pipeline sustains pressure of 3.2 Mpa, the highest among reinforced glass steel water pipeline.
About TTCM CHINA
Founded in 1995, TTCM is the production, processing and sales of glass-reinforced plastic pipes wrapped with sand inclusion and glass-reinforced plastic products. Its primary products include various types of regular and high-pressure pipes, fittings, round containers, cooling towers, and fans. The Company is also engaged in the development and production of new high-polymer synthetic material.
In 2004, TTCM supplied approximately 600km of sand-inclusion pipes respectively for a variety of water, sewage, and water management projects in China, representing over 30% of the total market share, ranking the Company first in its industry in China. TTCM has experienced double-digit growth consistently over the past several years and has recorded profitable annual revenues of approximately $10 million.
In 2005, TTCM anticipates strong domestic and international growth.

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