Cleantech Solutions International to Showcase New Air-fluid, Dual-use Dyeing Machines at ShanghaiTex 2015
New Machines Reduce Use of Water and Power, Shorten Dyeing Time 1 to 2 hours
WUXI, China, June 10, 2015 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (CLNT), a manufacturer of metal components and assemblies used in various clean technology and manufacturing industries and textile dyeing and finishing machines, and, since the first quarter of 2015, the petroleum and chemical industries, today announced that it will showcase its line of newly developed air-fluid, dual-use dyeing machines at the upcoming 17th International Exhibition on Textile Industry, booth #W4J08, on June 15-18 in Shanghai, China.
Introduced to the market early this year, the Company's new air-fluid, dual-use dyeing machines use both air flow and fluid flow in the dyeing process. The new technology configuration allows users to customize the dyeing process according to the specific type of textile across a wider range of textiles than was possible on earlier generation machines. Equipped with a series of specialized and patented components, the machines are designed to enable greater color consistency and a reduction in defects. Air-fluid, dual-use dyeing technology is a significant improvement on traditional high-temperature, high-pressure dyeing. The system reduces the use of water, power, and steam additives while shortening dyeing time by 1 to 2 hours.
The Company has previously announced a 12 unit, $1.1 million order from a leading weaving and dyeing enterprise based in Shaoxing, China. Delivery of the units began in May.
"We are excited to introduce our leading-edge air-fluid, dual-use dyeing machines to a broader range of potential customers at this prominent industry event," said Mr. Jianhua Wu, Chairman and CEO of Cleantech Solutions. "We are confident that with advanced technology, differentiated functionality, outstanding performance and our well-known and respected brand, the new air-fluid, dual-use dyeing machines will attract interest from textile manufacturers worldwide. We hope to further open up our domestic market and begin to develop our international market at this major exhibition."
Beginning in 1984, the International Exhibition on Textile Industry (ShanghaiTex) is a biennial event hailed as one of the most important gatherings of industry professionals and a major trading and technology exchange platform in the textile industry. The previous meeting (ShanghaiTex 2013) covered an area of 103,500 square meters (approximately 1.1 million square feet), featuring more than 1,000 leading international exhibitors from 25 countries and regions to showcase the best in textile machinery and the latest textile products from around the world. The 4-day Expo attracted over 53,000 industry visitors in 2013.
ShanghaiTex 2015 will focus on the most innovative and automated textile technology and its application across areas including fashion and apparel, footwear, functional wear, interior auto parts, medical care, health protection, agriculture, and construction, all of which are looking to technology and innovation from machinery manufacturers to help them save costs and improve efficiency and competitiveness as their markets address the challenges and opportunities ahead.
About Cleantech Solutions International
Cleantech Solutions is a manufacturer of metal components and assemblies, primarily used in clean technology and other industries and dyeing and finishing equipment for the textile industry and forged rolled rings and related products, and a supplier of fabricated products and machining services to a range of clean technology customers, and a supplier of products for the petroleum and chemical industries. The Company's website is www.cleantechsolutionsinternational.com. Any information on the Company's website or any other website is not a part of this press release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein referred to in this press release as anticipated, believed, estimated or expected. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to obtain orders for and to deliver and the dyeing machines referred to in this press release in a timely manner, and to market the new dyeing machines and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website, including factors described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K for the year ended December 31, 2014 and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-Q for the quarter ended March 31, 2015. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Company Contact:
Cleantech Solutions International, Inc.
Adam Wasserman, CFO
E-mail: [email protected]
Web: www.cleantechsolutionsinternational.com
Elaine Ketchmere, CFA
Compass Investor Relations
Phone: +1-310-528-3031
E-mail: [email protected]
SOURCE Cleantech Solutions International, Inc.
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