DALIAN, China, Aug. 10 /PRNewswire-Asia-FirstCall/ -- RINO International
Corp. (Nasdaq: RINO), through its subsidiaries and controlled affiliates in
the People's Republic of China (collectively, the 'Company' or 'RINO'),
designs, manufactures, installs and services proprietary and patented
wastewater treatment, desulphurization equipment, and high temperature
anti-oxidation systems for iron and steel manufacturers in the People's
Republic of China ('PRC'), today is providing a summary of a report issued on
July 31, 2009 by the Chinese Ministry of Industry and Information Technology
which details its formal plan for the implementation of sintering
desulphurization equipment at Chinese steel companies. This information can be
found at
http://www.miit.gov.cn/n11293472/n11293832/n11293907/n11368223/12484645.html
and following is a summary of what was reported, in addition to RINO specific
commentary related to how it will capitalize on this opportunity.
To provide some background, the sinter at a steel production facility
contains equipment where powdered iron-ore is mixed with coking coal or
anthracite and burned at high temperatures for further processing in the blast
furnace. It is one of the first components of the steel production process and
as a result significant amounts of air pollution are generated, which are
comprised of SO2 (sulphur dioxide), NO2 (nitrogen dioxide), dust and metal
particles. RINO International, Inc. was the first company in China to develop
a flue gas desulphurization (FGD) solution specifically for the sinter. This
multifaceted system with patented automation technology was designed to
significantly reduce harmful air pollutants, specifically curbing SO2
emissions by up to 99%. Prior to 2005, when the government initially began to
address this problem, there was no filtration system available.
As detailed in the report, China is estimated to have approximately 500
sinters with a total sintering bed capacity of 53,820 m2. To date, less than
10% of the sinters, which in range in size, have been equipped with FGD
systems.