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: adamw@cleantechsolutionsinternational.com
Web: www.cleantechsolutionsinternational.com
Elaine Ketchmere, CFA
Compass Investor Relations
Phone: +1-310-528-3031
E-mail: eketchmere@compass-ir.com
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SOURCE Cleantech Solutions International, Inc.